UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop Thursday morning. The Sandy Springs-based logistics company will cut the volume ...

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 ...

UPS has been losing market share to Amazon, but still has a solid competitive position and is exposed to ongoing growth in eCommerce. The overcapacity problem in the small parcel market is expected to ...

As with any good breakup drama, the story between Amazon and UPS, as United Parcel Service is called for short, is hard to call. UPS says that the Amazon business it was doing was high volume, but low ...

UPS's decision to cut Amazon's volume by 50% by mid-2026 is a strategic move to enhance profitability and focus on higher-margin business. Though short-term revenue will dip, UPS expects significant ...

Despite its pullback from Amazon, UPS is once again linked with the e-commerce giant as each company announced major layoffs on Tuesday. Amazon executives said it will cut 14,000 corporate positions ...

UPS on Tuesday announced it is planning to cut 20,000 jobs this year, part of a cost-cutting effort that's linked to the delivery giant's decision to deliver fewer packages from Amazon, its biggest ...

On Tuesday, Amazon, UPS and Paramount Global announced plans to eliminate at least 50,000 jobs, part of a continuing wave of mass layoffs that has already wiped out nearly a million positions this ...

Shipping giants such as Amazon, FedEx and the U.S. Postal Service are gearing up for a potential strike at United Parcel Service (UPS) that could begin on Aug. 1 if the company’s negotiations with the ...

Talks between the United Parcel Service and the International Brotherhood of Teamsters may have the added complication of union leaders taking a harder line in an effort to attract workers at retail ...