UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.

The change will come into effect by the second half of 2026, with UPS CEO Carol Tomé indicating the cause being that Amazon ...

The $247bn of goods Amazon sold online last year don’t just ship themselves. Over the years, the ecommerce giant has been ...

UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...

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

United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for its largest customer, Amazon.com , a surprise move that sent shares ...

United Parcel Service predicted downbeat 2025 revenue after announcing they are reducing business with Amazon to focus on ...

UPS stocks plummeted after it slashed business with the world’s largest online retailer.

UPS's stock suffers record selloff as a revenue miss and downbeat outlook increase worries about how losing Amazon's business will affect results Shares of United Parcel Service Inc. suffered ...

Amazon only accounted for 11% of UPS’s $91.1 billion revenue in 2024, down from 13.3% in 2020 when pandemic-induced online shopping saw figures rise. Speaking at UPS's Q4 2024 earnings ...