Amazon.com: Computer Uninterruptible Power Supply Units
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UPS to cut its Amazon business by more than 50%. Here’s why.
6 days ago · Earnings Results UPS to cut its Amazon business by more than 50%. Here’s why. UPS’s stock suffers record selloff as a revenue miss and downbeat outlook increase worries about how losing Amazon ...
Amazon.com: Ups
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UPS announces major cutback in Amazon relationship
6 days ago · UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop Thursday morning. The Georgia-based logistics company will cut the volume it ...
UPS shares tank after weak guidance, plan to slash Amazon …
Jan 30, 2025 · UPS has shifted away from less-profitable large contracts in recent years, while Amazon has built up its own in-house logistics empire.
UPS to cut Amazon volume by more than 50% | Supply Chain Dive
Jan 30, 2025 · UPS will reduce the amount of Amazon volume it delivers by more than 50% by the second half of 2026 under an agreement in principle reached by the two companies, UPS announced Thursday. The carrier determined if it took no action on its relationship with Amazon, it would likely result in diminishing returns, CEO Carol Tomé said on a Q4 ...
UPS breaks with Amazon to take ‘control of own destiny’
3 days ago · In 2024, Amazon made up 11.8 per cent of UPS’ total revenue of US$91.1 billion. The revised agreement to halve shipping volumes, which will be in full effect by June 2026, comes as the two firms ...
UPS to Ship Fewer Amazon Packages; Shares Plunge - Business …
6 days ago · UPS's chief financial officer, Brian Dykes, said on the call that Amazon shipments made up about 20% of UPS's volume in the US. The company had reported fourth-quarter results before the stock ...
UPS reducing Amazon delivery volume; shares slump on 2025 …
6 days ago · Amazon accounted for 11.8% of UPS' overall revenue in 2024. Between 2021 and 2024, UPS on average reduced the number of packages it delivered for Amazon by about 250,000 per day.
UPS ($UPS) CEO Defends Amazon Split After Stock Drop
5 days ago · The move to scale back shipments for Amazon.com Inc. by 50% is designed to allow the courier to focus on more profitable clients. Carol Tomé , UPS’ chief executive officer, defended the shift ...