UPS Is Firing Its Biggest Customer -- And Wall Street Finally Understands Why

UPS is doubling down on reducing its relationship with Amazon.

UPS Says It Is Cutting Up to 30,000 Jobs

The delivery company said it was planning the cuts this year because it expected to deliver fewer packages for Amazon, a ...
Yahoo

UPS is telling customers that their packages coming to the US are marked for destruction

Add Yahoo as a preferred source to see more of our stories on Google. Some packages sent to the US from abroad are getting held up at UPS facilities for weeks. New rules on imports led several ...
The Business Journals

UPS to halve Amazon deliveries; shipping giant's stock dives

UPS shares plummeted Thursday after the Atlanta-based shipping giant announced it would drastically reduce shipping volume from Amazon, its biggest customer. UPS Inc., by far the largest employer in ...
Business Insider

UPS is hitting customers with late fees and collection threats as they contest tariff bills

UPS is issuing late fees and threatening collection to some consumers over unpaid tariff bills. The customers are disputing tariff bills with UPS for international packages sent to them. UPS' shipping ...
Benzinga.com

UPS CEO Says Amazon Is 'Our Largest,' But 'Not Our Most Profitable Customer'

Amazon made up 11.8% of UPS's total company revenue in fiscal 2024, however, the margin on Amazon packages is "very dilutive" to its U.S. domestic business, the CEO disclosed on the call. She said the ...
Wall Street Journal

UPS to Cut 20,000 Jobs After Amazon Breakup

The White House criticized Amazon for reportedly planning to display on its website how much product prices have increased due to President Trump’s tariffs. Photo ...