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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 ...
Income investors can also take comfort that UPS' long-term growth prospects remain strong. Complex healthcare logistics ...
That's why cutting the dividend on July 29 wouldn't be a disaster. It might, in fact, be the smartest move UPS can make.
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 on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon \u2014 a move that will shed some of its least-profitable business and help shelter ...
The surprise announcement last month that UPS will sharply curtail its delivery of packages from Amazon.com was precipitated by a U.S. Postal Service policy change that is likely to force the online ...
UPS is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon shipments it handles. The package delivery company said Tuesday that it ...
Considering that Amazon (AMZN) 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 ...