Rate hikes and coverage changes are piquing customers' interest in alternatives, but contract penalties could complicate ...

The company also said that effective Jan. 1, it had brought all of its UPS SurePost product in house. UPS had previously used the U.S. Postal Service for a portion of the last-mile delivery of ...

UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...

United Parcel Service (UPS) shares plunged 14% on Thursday after the company announced plans to reduce its business with ...

UPS shares have now lost about half their value since the pandemic era, when shipment volumes went through the roof. The ...

the company has insourced 100% of its UPS SurePost product; and third, in connection with these efforts, the company is reconfiguring its U.S. network, and launching multi-year “efficiency reimagined” ...

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

United Parcel Service predicted downbeat 2025 revenue after announcing they are reducing business with Amazon to focus on ...

CEO Carol Tome says the company’s actions are being made to face three key challenges “head on.” The company’s “largest customer” is ...

United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for its largest customer, Amazon.com , a surprise move that sent shares ...

Another major recent change for UPS was an end to its relationship with the U.S. Postal Service for the final mile of its economy “SurePost” product. Tomé said that happened after the Postal ...