UPS has announced plans to reduce its shipping volumes for Amazon by “more than 50%” under a revised agreement with the global ecommerce giant. The change will come into effect by the second half of ...

In a report released yesterday, Brian Ossenbeck from J.P. Morgan maintained a Hold rating on United Parcel (UPS – Research Report), with a ...

Barclays lowered the firm’s price target on UPS (UPS) to $100 from $120 and keeps an Underweight rating on the shares post the Q4 report. The ...

United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...

Last year, UPS landed a significant shipping deal with the USPS, as we reported, which is poised to have a large impact in Louisville, which is home to UPS' largest sorting hub, Worldport, and its UPS ...

UPS stock fell by 14%, after it announced an agreement that would cut its delivery business with Amazon by 50%.

United Parcel Service (NYSE: UPS) faced its worst single-day stock performance on record after the company released a ...

UPS managed to negotiate a contract with USPS and took over its airlift needs from FedEx. The prior USPS-FedEx contract expired at the end of September 2024. UPS management expects the deal to be ...

UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most ...

Considering that Amazon (AMZN) accounted for 11.8% of UPS's total revenue for the year, which translates to roughly $10.7 billion, it didn't help that the delivery giant also resumed its pattern of ...

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

United Parcel Service (UPS, Financials) reported fourth-quarter earnings that exceeded analyst expectations, driven by ...