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UPS, Amazon
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
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,
UPS stock plummets 15% because it's about to do a lot less Amazon business
Shares of United Parcel Service (UPS) dropped 15% on Thursday, marking its worst day ever, after the company announced a significant reduction in its business with Amazon (AMZN), its largest customer.
16h
on MSN
UPS trades at a multi-year low even though it expects margins and EPS to increase this year
UPS stock plunges 17.6% after deal with Amazon to reduce volume by 50% by 2026, sparking concerns about near-term results and ...
13h
Why UPS Stock Is Plunging Today
United Parcel Service (NYSE: UPS) beat expectations for the fourth quarter, but the company's forecast for 2025 was well ...
11h
UPS scales back on Amazon deliveries: It 'just doesn't make sense for us'
UPS stock tumbled on Thursday as investors digested a weaker-than-expected sales forecast as the company scales back its business with Amazon.
21h
on MSN
UPS slides after cutting business with its largest customer by 50%
Notably, UPS ( UPS) announced it has reached an agreement in principle with its largest customer to lower its volume by more ...
SchaeffersResearch.com
17h
UPS Stock Eyes Worst Day Ever After Earnings, Amazon Deal
Today's bear gap has UPS falling to more than four-year lows and its largest single-day percentage drop in history. The ...
18h
UPS CEO, asked if rest of Amazon business will leave too, says ‘don’t think so’
CEO Carol Tome added that the current Amazon (AMZN) business is currently “extraordinarily dilutive” to profitability.Invest with ...
11h
on MSN
Amazon ups advertisement spending on X, Apple also in talks to test ads on Musk's platform - WSJ
Amazon (NASDAQ:AMZN) is ramping up ad spending on Elon Musk's social media platform X, and the decision to do so involved CEO ...
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