UPS is cutting its business with Amazon in half by the middle of next year due to profitability concerns, CEO Carol Tomé said ...

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

Investors are displeased, but the strategy of moving away from lower-margin deliveries makes sense in the long run.

UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...

United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...

For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...

United Parcel Service beat earnings expectations with a significant EPS gain, though revenue slightly missed estimates.

UPS has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house logistics empire.

United Parcel Service forecast revenue of $89 billion for this year, compared with the analysts expectation of $94.9 billion ...

The company said it had reached an agreement in principle with its top customer to lower volume by more than 50% by the end of 2025. UPS has also decided to insource all of its UPS SurePost products ...

Shares of United Parcel Service sank 10% in premarket trading Thursday after the shipping giant reported worse-than-expected fourth-quarter results.

We can confirm the starting line-ups and substitutes for this evening's Europa League clash with Elfsborg at Stadium (8pm UK) ...