UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent. Chances are, the last time you ordered ...

Amazon told us that the company had previously offered to increase UPS' volumes, and that it has a strong working relationship with the delivery partner. UPS declined to offer any further comments ...

UPS plans to shrink profit-denting Amazon volumes more than 50 ... We'll continue to partner with them and many other carriers to serve our customers," Amazon said in a statement.

"We'll continue to partner with them and many other carriers to serve our customers." Tome confirmed on the earnings call that the "accelerated glide down" of Amazon volumes was initiated by UPS.

Then Amazon started building out its own last-mile delivery system to reduce its reliance on long-time partners like UPS. Amazon used its own network to deliver more than two-thirds of customer ...

Amazon confirmed that UPS requested the reduction in volume. "We certainly respect their decision. We'll continue to partner with them and many other carriers to serve our customers," Amazon said ...

United Parcel Service (NYSE: UPS) stock fell 14.1% on Jan. 30 after the company reported disappointing fourth-quarter and ...

Amazon’s short-term fix was to dole out gift cards to make amends with angry shoppers. Longer-term, it started building out its own last-mile delivery system to reduce its reliance on long-time ...

Shortly after announcing they will cut significant amounts of business with Amazon, the United Parcel Service (UPS) stock ...

“We’ll continue to partner with them and many other carriers to serve our customers.” Amazon said before the UPS announcement that it had offered to increase UPS’ volumes. UPS forecast ...