United Parcel Service's decision to cut Amazon's volume by 50% by mid-2026 is a strategic move to enhance profitability. See ...
Tomé said that the remaining half of UPS's business with the e-commerce giant included handling some returns for Amazon — something UPS does "very, very well" and is unlikely to go away anytime ...
As noted, based on the company's guidance, UPS is a great value. Management's guidance for 2025 calls for revenue of $89 ...
noting Amazon's reliance on The UPS Store locations for customer returns. "I don't think it will go all away," Tomé said. "I think we're landing at the right spot with this accelerated glide down." ...
E-commerce giant Amazon accounted for 11.8% of revenue at UPS in 2024, but “looking ahead, we project this business, if we take no action, will drive diminishing returns,” CEO Carol Tomé said ...
Tomé said she doesn't believe the remainder of Amazon's volume is on the chopping block, noting Amazon's reliance on The UPS Store locations for customer returns.