The change will come into effect by the second half of 2026, with UPS CEO Carol Tomé indicating the cause being that Amazon ...
In a report released yesterday, Brian Ossenbeck from J.P. Morgan maintained a Hold rating on United Parcel (UPS – Research Report), with a ...
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 plans to cut deliveries for Amazon, its biggest corporate customer, by more than 50% by the second half of 2026.
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 ...
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 ...
UPS has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house ...