The customer in question? Amazon. The new agreement will open the door for more profitable opportunities for UPS, leaving Amazon to either pick up the slack or seek help elsewhere. RELATED ...

A long-held investor concern is finally coming to fruition: Will Amazon simply internalize most of its logistic needs? That is the direction it seems to be headed after UPS also announced that it ...

UPS is cutting its business with Amazon in half by mid-2026, it said Thursday. While big, Amazon's business with UPS was becoming less profitable, CEO Carol Tomé said. Amazon has been building ...

UPS announced it would decrease shipping volume from Amazon, its biggest customer, by more than 50%. UPS shares plummeted Thursday after the Atlanta-based shipping giant announced it would ...

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 ...

UPS recently disclosed that Amazon will be ramping down the package volumes it sends via UPS by more than 50% over the next 18 months. It sounds like the Amazon decision was mostly precipitated by ...

The Trump administration nominated former veteran UPS and Amazon executive David Keeling to head the Occupational Safety and Health Administration (OSHA) last month. Keeling is being tasked with ...

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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.

If there was any worry about Amazon.com Inc.’s ability to deliver its goods, after United Parcel Service Inc. said it was slashing the deliveries it makes for the e-commerce giant by more than ...

UPS shares plummeted Thursday after the Atlanta-based shipping giant announced it would drastically reduce shipping volume from Amazon, its biggest customer. UPS Inc., by far the largest employer ...