Shares of Amazon.com and PDD Holdings, the owner of popular Chinese shopping app Temu, fell on Wednesday after the U.S. Postal Service said it would stop accepting parcels from China and Hong Kong.
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...
A neighborhood off of a busy Route 8 has been getting their packages dropped off along the highway and not their doors.
Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...
After facing iced-over roads and snow, Houston-area package delivery companies are set to resume regular hours for the rest ...
UPS on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon — a move that will ...
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...
United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.