“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 ...

With Two Major Partnerships Ending, UPS is Set to Roil E-Commerce Logistics Big changes are rocking the shipping world, and ...

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

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

Amazon, Walmart and UPS are among the companies clearing snow with scrapers. The systems are also being used by smaller businesses and school districts. "It really is safer for people on the highway," ...

Consumers and small businesses are already feeling the impact of President Donald Trump’s new tariffs, which eliminated a key ...

UNITED Parcel Service (UPS) suffered its biggest one-day share drop after shocking the market by slashing business with the world’s largest online retailer. Read more at The Business Times.

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

The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.

For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...

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

Wall Street is coming off a losing session after the Federal Reserve paused its interest rate-cutting campaign, leaving its ...