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." ...
Shortly after announcing they will cut significant amounts of business with Amazon, the United Parcel Service (UPS) stock plummeted ... result in diminishing returns.” Tomé claims there are ...
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 ...
Amazon is UPS’s biggest customer, but not its most profitable UPS says it will slash its Amazon deal by over 50% to help profitability Amazon will “continue to partner with [UPS]” UPS has ...
UPS's stock suffers record selloff as a revenue miss and downbeat outlook increase worries about how losing Amazon's business will affect results Shares of United Parcel Service Inc. suffered ...
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.
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