Shares of United Parcel Service Inc (UPS) recorded their worst session ever on Thursday, plunging over 14% to hit levels not seen since July 2020, after the company’s fourth-quarter revenue and guidance fell short of Wall Street estimates while a reduction in Amazon deliveries disappointed investors.
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an agreement that would cut its business with Amazon.com Inc., its largest customer,
Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will decrease by over 50% by
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most profitable customer.
Shares of United Parcel Service (UPS) dropped 15% on Thursday, marking its worst day ever, after the company announced a significant reduction in its business with Amazon (AMZN), its largest customer.
United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the world’s largest online retailer. Most Read from BloombergHow the 2025 Catholi
United Parcel Service (UPS) shares plunged 14% on Thursday after the company announced plans to reduce its business with Amazon by more than 50% by June 2026.
Shares of parcel delivery company UPS (NYSE:UPS) fell 17.6% in the morning session after the company reported weak fourth-quarter results and provided full-year revenue guidance, which missed significantly.
United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the world’s largest online retailer. Most Read from BloombergHow the 2025 Catholi
Baird downgraded United Parcel Service Inc (NYSE:UPS) to "Neutral" on the rising impact of Amazon’s planned volume reduction, which introduces a multi-year challenge for the shipping giant.
United Parcel Service (UPS, Financials) reported fourth-quarter earnings that exceeded analyst expectations, driven by revenue growth and operational improvements. The corporation is emphasizing operational efficiency in 2025 and higher-margin business divisions while lowering costs to counter a projected drop in Amazon shipment volume.