UPS unveils cost-cutting push as tepid parcel shipment demand weighs on outlook
UPS' revenue guidance for the 2025 fiscal year missed analysts' estimates, while the shipping giant also announced a multi-year drive to restructure its key U.S. network as it contends with signs of ...
UPS to cut Amazon business by more than 50%. Its stock is tumbling.
UPS said it reached an agreement in principle with its largest customer to lower its volume by more than 50% by the second half of 2026. In UPS's latest annual report, the company singled out ...