Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...

The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.

UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...

The decline in Amazon volume will lead to fewer packages being delivered by UPS, but at more profitable rates. In 2025, UPS expects average daily U.S. volume to drop ... on The UPS Store locations ...

UPS has also been busy cutting costs to address poor financial growth. In January 2024, it laid off 12,000 workers as part of an effort to claw back $1 billion in savings. Amazon told us that the ...

I would like to welcome everyone to the UPS fourth quarter 2024 earnings conference call. [Operator instructions] It is now ...

The S&P 500 ( ^GSPC) gained 0.5%, while the Dow Jones Industrial Average ( ^DJI) rose nearly 0.4%. The tech-heavy Nasdaq ...

Nikolakakos says she tried to explain to the worker that she had been directed to go there by Amazon. But the worker remained ...