UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.

Dividend raises, paired with a beaten-down stock price, have pushed UPS' yield up to a mouthwatering 5.9% at the time of this ...

The $247bn of goods Amazon sold online last year don’t just ship themselves. Over the years, the ecommerce giant has been ...

Shares of United Parcel Service Inc. suffered their worst day ever on Thursday, after the package-delivery giant announced an ...

UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...

Amazon’s stock surged 1.3% to close at $237.68 on Friday. It reached as high as $240.29 in intraday trading, which was ...

The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.

UPS stocks plummeted after it slashed business with the world’s largest online retailer.

Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...

Last year, UPS landed a significant shipping deal with the USPS, as we reported, which is poised to have a large impact in ...

The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.

Shares of United Parcel Service (UPS) dropped 15% on Thursday, marking its worst day ever, after the company announced a ...