For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for sales of $94.9 bi ...

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

“Amazon is our largest customer, but it’s not our most profitable customer,” Carol B. Tomé, the chief executive officer, said on a conference call that day to discuss its earnings. Although Amazon ...

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

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

United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for ...

As noted, based on the company's guidance, UPS is a great value. Management's guidance for 2025 calls for revenue of $89 ...

It now delivers non-Amazon orders, making it an even more formidable competitor to UPS and FedEx. Chief executive Andy Jassy can count on his lucrative cloud business to subsidise the foray into ...

United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...

FedEx remains the largest employer in Memphis, with over 32,000 employees, according to MBJ research. In December, FedEx announced plans to spin off its less-than-truckload segment FedEx Freight into ...

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