UPS's stock suffers record selloff as a revenue miss and downbeat outlook increase worries about how losing Amazon's business will affect results Shares of United Parcel Service Inc. suffered ...

How is the UPS Business Model Changing? UPS and Amazon have reached an agreement to decrease total volume by more than 50% by the end of 2026. UPS’s contract with Amazon was up for renewal this ...

UPS (UPS) CEO Carol Tome added that the current Amazon (AMZN) business is currently “extraordinarily dilutive” to profitability. Published first on TheFly – the ultimate source for real-time ...

United Parcel Service reported better-than-expected earnings. Guidance and a major change in its relationship with Amazon, however, sent the shares tumbling. Investors, oftentimes, react to ...

United Parcel Service UPS1.39%increase; green up pointing triangle is going to do a lot less business with its biggest customer, Amazon AMZN-1.65%decrease; red down pointing triangle.com.

Amazon made up 11.8% of UPS's total company revenue in fiscal 2024, however, the margin on Amazon packages is "very dilutive" to its U.S. domestic business, the CEO disclosed on the call.

In recent years, Amazon has developed its own fleet of aircraft and delivery trucks. But as its business has grown, it has also needed to keep shipments flowing through other couriers like UPS.

09:31 EST UPS (UPS) CEO says Amazon glide-down pace to be five-times as fast as previous rate Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news.

Track all markets on TradingView Investors have long wondered about the potential impact on UPS' business as Amazon.com (AMZN) assumed responsibility for an increasing share of its own delivery ...

While Amazon accounted for 20-25% of its UPS's U.S. package volumes, making Amazon UPS's largest customer, that business was responsible for under 12% of the delivery company's total revenue in 2024, ...

Shortly after announcing they will cut significant amounts of business with Amazon, the United Parcel Service (UPS) stock plummeted to the single largest loss in company history. Stock valuation ...