UPS plans to slash its shipping business with Amazon by half
UPS is continuing to withdraw from its business relationship with Amazon. By the second half of 2026, UPS said it will cut its shipping volumes for Amazon by more than 50 percent under the companies' revised arrangement.
UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half
UPS has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house logistics empire.
UPS Shares Slide on Plans to Slash Volume of Business With Amazon
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the business it does with Amazon over the next 18 months.
UPS Shares Plunge on Plan to Slash Amazon Business By Half
United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling investors that a long-awaited rebound in demand for its parcel services won’t arrive this year and prompting it to slash its low-margin business with Amazon.
UPS Stock Plunges as Amazon Plans 50% Volume Cut
UPS stock is lower after announcing that Amazon, its largest customer, will slash its volume by more than 50% by late 2026. Here's what you need to know.
UPS slashes Amazon exposure in hit to 2025 forecasts, shares slide
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon, in an already challenging environment for the parcel delivery giant. Shares of UPS fell about 13% in premarket trading after the company,
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