United Parcel Service Inc. (NYSE: UPS) is preparing for a major change in its business as it expects to lose half of its ...

Considering that Amazon 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 is planning to achieve $3.5 billion savings this year through job cuts and facility closures as the Sandy Springs-based ...

UPS lauded Amazon for tendering the type of parcels needed to boost U.S. next-day air volumes, which grew by 26% in the holiday-fueled fourth quarter and have grown by more than 20% in each of the ...

UPS will reduce the amount of Amazon volume it delivers by more than 50% by the second half of 2026 under an agreement in principle reached by the two companies, UPS announced Thursday.

UPS will reduce the amount of Amazon volume it delivers by more than 50% by the second half of 2026 under an agreement in principle reached by the two companies, UPS announced Thursday.

Amazon, a competitor as well as a customer bringing in over one-tenth of UPS’ revenue, had turned unprofitable for the shipper, and in January of this year, UPS announced plans to slash the ...

Amazon and its affiliates represented about 11.7% of UPS revenue last year, more than any other retailer. Explore From February: UPS profit soared above $10B in ’21, sales to top $100B in ’22 ...

UPS says it could be hurt by "changes in our relationships with our significant customers." Winter is coming, logistics world. Last week brought the news that Amazon.com Inc. (Nasdaq: AMZN) had ...