Rate hikes and coverage changes are piquing customers' interest in alternatives, but contract penalties could complicate ...
A combination of service risks and price concerns led UPS to break away from the U.S. Postal Service for SurePost deliveries, UPS CEO Carol Tomé said on an earnings call Thursday. UPS was worried ...
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 ...
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 shares have now lost about half their value since the pandemic era, when shipment volumes went through the roof. The ...
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United Parcel Service predicted downbeat 2025 revenue after announcing they are reducing business with Amazon to focus on ...
Sometimes, the market can be ruthless, ready to punish the slightest shortcoming or the smallest misstep — and that is ...
Shares in express giant UPS fell today after the company revealed plans to offload 50% of its business with its largest ...
UPS reports mixed Q4 results with revenue of $25.3B and adjusted EPS of $2.75. Plans for operational changes and expects $89B ...
CEO Carol Tome says the company’s actions are being made to face three key challenges “head on.” The company’s “largest customer” is ...
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