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 stock dived to a multiyear low. The delivery giant said it has "reached an agreement in principle with its largest customer" — Amazon.com — "to lower its volume by more than 50% by the second half ...

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

United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...

UPS plans to cut deliveries for Amazon, its biggest corporate customer, by more than 50% by the second half of 2026.

UPS plans to cut deliveries for Amazon, its biggest corporate customer, by more than 50% by the second half of 2026.

UPS shares have now lost about half their value since the pandemic era, when shipment volumes went through the roof. The issue is that there are few near-term catalysts to turn things around. Patient ...

Q4 2024 Management View CEO Carol Tomé highlighted that UPS achieved consolidated revenue of $25.3B in Q4 2024, an increase ...

Quarterly consolidated revenue, at $25.3 billion, rose 1.5% year-over-year, while adjusted earnings per share, at $2.75, increased 11.3% annually. Consolidated quarterly operating profit, at $2.9 ...

UPS stock is lower after announcing that Amazon, its largest customer, will slash its volume by more than 50% by late 2026.

UPS stock plunges as revenue guidance disappoints and plans to cut customer volume by 50% raise investor concerns ...