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UPS, Amazon

UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half

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.

Reuters on MSN · 16h

UPS reducing Amazon delivery volume; shares slump on 2025 revenue hit

United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon.com - a move that will shed some of its least-profitable business and help shelter profits from stubbornly weak demand for lucrative services like overnight delivery.

The Wall Street Journal on MSN · 12h

UPS Stock Sinks on Plans to Slash Business with Amazon

UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the business it does with Amazon over the next 18 months.

UPS Stock Falls

MarketWatch · 11h

UPS to cut its Amazon business by more than 50%. Here’s why.

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,

Newsweek · 15h

UPS Stock Falls After Amazon Business Cut

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

Business Insider · 14h

Amazon (AMZN) Will Cut the Number of Packages Sent Through UPS by 50%

Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will decrease by over 50% by

17h

UPS Earnings: United Parcel Service Stock Dives on Mixed Q4 Results & Weak Guidance

United Parcel Service (UPS) stock dove today after the delivery company released a mixed earnings report for Q4 2024. First ...

1don MSN

United Parcel Service (UPS) Q4 2024 Earnings Call Transcript

I would like to welcome everyone to the UPS fourth quarter 2024 earnings conference call. [Operator instructions] It is now ...

StockStory.org on MSN21h

United Parcel Service (NYSE:UPS) Reports Q4 In Line With Expectations But Stock Drops

Parcel delivery company UPS (NYSE:UPS) in Q4 CY2024, with sales up 1.5% year on year to $25.3 billion. On the other hand, the ...

19h

UPS Q4 Earnings: Major Customer Volume Cut Raises Jitters, Stock Tanks

United Parcel Service Inc (NYSE:UPS) shares are trading lower after the company reported mixed fourth-quarter results. UPS ...

18h

UPS Is Shedding Dead Weight, But It Might Not Be Enough

United Parcel Service struggles with declining revenue and profit margins, with a significant stock drop due to strategic ...

1h

Evercore ISI Remains a Hold on United Parcel (UPS)

In a report released yesterday, Jonathan Chappell from Evercore ISI maintained a Hold rating on United Parcel (UPS – Research Report), with a ...

American Association of Individual Investors1d

Why United Parcel Service, Inc.’s (UPS) Stock Is Down 14.11%

United Parcel Service, Inc.’s UPS share price has dipped by 14.11%, which has investors questioning if this is right time to ...

20hon MSN

UPS Shares Sink on Disappointing Forecast for Parcel Demand

United Parcel Service Inc. projected annual revenue well below expectations, telling investors that a long-awaited rebound in ...

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