UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
UPS stocks plummeted after it slashed business with the world’s largest online retailer.
Carol Tomé, UPS CEO, joins CNBC's 'The Exchange' with Morgan Brennan to discuss the company's most recent earnings, why UPS ...
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
United Parcel Service predicted downbeat 2025 revenue after announcing they are reducing business with Amazon to focus on ...
UPS said it will cut the volumes it handles for Amazon by 50% over the next two years to boost profitability. The post UPS ...
UPS announces a plan to reduce its Amazon package volume by more than 50% by the second half of 2026. CEO Carol Tome gave ...
Shares of United Parcel Service (UPS) dropped 15% on Thursday, marking its worst day ever, after the company announced a ...
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...