United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the world’s largest online retailer. Most Read from BloombergManhattan’s Morning ...

Good morning. My name is Greg Alexander, and I will be your facilitator today. I would like to welcome everyone to the UPS fourth-quarter 2024 earnings conference call. (Operator Instructions) It is ...

UPS stock fell by 14%, after it announced an agreement that would cut its delivery business with Amazon by 50%.

UPS plans to cut deliveries for Amazon, its biggest corporate customer, by more than 50% by the second half of 2026.

UPS managed to negotiate a contract with USPS and took over its airlift needs from FedEx. The prior USPS-FedEx contract expired at the end of September 2024. UPS management expects the deal to be ...

UPS stock dived to a multiyear low. The delivery giant said it has "reached an agreement in principle with its largest customer" — Amazon.com — "to lower its volume by more than 50% by the second half ...

UPS's stock tumbled 17% in midday trading, putting it on track to break the current record selloff of 12.1% seen on July 23, 2024. It was by far the biggest decliner in the S&P 500 index SPX and was ...

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

UPS plans to shrink profit-denting Amazon volumes more than 50% by the second half of 2026 - five times faster than it did ...

I would like to welcome everyone to the UPS fourth quarter 2024 earnings conference call. [Operator instructions] It is now ...

“Robbery of a letter carrier will now allow us to put a $150,000 reward on your head,” she said. “That is up from $50,000 in a previous reporting poster. Postal inspectors can now offer a $100,000 ...