“Amazon is our largest customer, but it’s not our most profitable customer,” Carol B. Tomé, the chief executive officer, said on a conference call that day to discuss its earnings. Although Amazon ...
Discover how USPS privatization could reshape mail delivery, from rising costs and slower service to Amazon's evolving role in rural logistics.
FedEx, which uses non-union crews, began to part ways with Amazon six years ago, viewing it as more of a competitor than a client. Tensions between Amazon and UPS have been less evident ...
United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the world’s largest online retailer. Most Read from BloombergManhattan’s Morning ...
UPS plans to shrink profit ... well as packages it used to hand off to mail carriers that come with higher margins than from Amazon. UPS and rival FedEx are revamping operating strategies to ...
People awaiting packages Tuesday in the Houston area may have to keep waiting, after Amazon, UPS and FedEx reported service ... area to help facilitate mail delivery by clearing sidewalks and ...
Now it has to figure out how to deliver millions of additional packages cost-effectively to far-flung and rural ... Amazon orders, making it an even more formidable competitor to UPS and FedEx.
It has been adding deliveries for new customers such as bargain internet sellers Temu and Shein as well as packages it used to hand off to mail carriers that come with higher margins than from Amazon.
Backing away from Amazon also brings UPS more in line with FedEx Corp., which has long viewed the e-commerce ... especially to far-flung rural locations. In 2024, for instance, a commercial carrier ...