Operating revenue, at $22.499 billion, increased 4.1%, annually, paced by what the USPS called strategic price increases, as well as a strong political and election mailing season. Net income, at $144 ...

First, it agreed with Amazon to gradually lower its delivery volumes until it had 50% of its current volume by the second ...

UPS executives acknowledged the shift could lead to a loss of customers, but touted upsides in making those deliveries ...

Considering that Amazon (AMZN) accounted for 11.8% of UPS's total revenue for the year, which translates to roughly $10.7 billion, it didn't help that the delivery giant also resumed its pattern of ...

UPS stock dived to a multiyear low. The delivery giant said it has "reached an agreement in principle with its largest customer" — Amazon.com — "to lower its volume by more than 50% by the second half ...

United Parcel Service (UPS) shares plunged 14% on Thursday after the company announced plans to reduce its business with ...

United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for its largest customer, Amazon.com , a surprise move that sent shares ...

UPS shares have now lost about half their value since the pandemic era, when shipment volumes went through the roof. The ...

United Parcel Service, Inc. ( NYSE: UPS) Q4 2024 Earnings Call January 30, 2025 8:30 AM ET PJ Guido - IR Officer Carol B. Tomé - CEO Brian Dykes - EVP and CFO Matt Guffey - EVP and Chief Commercial & ...

MIAMI, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Shipsi, the nation’s fastest-growing delivery technology, today announced its groundbreaking ‘Lowest-Cost, Last-Mile Guarantee', positioning itself as the ...

According to a USA Today story, your SurePost packages delivered in the U.S. may arrive a day earlier. Why? The contract between USPS and UPS is ending, so the transit time will decrease from two ...