Since the company announced the breakup with its largest customer in January, tariff-fueled trade wars have fanned economic ...

Amazon has secured a new partnership with FedEx to fill delivery gaps after falling out with UPS, Business Insider has ...

Amazon accounted for 11.8% of UPS' overall revenue in 2024. "The actions we are taking to reconfigure our network and reduce cost across our business could not be timelier," Tome said. Last year ...

But UPS added the decision is unrelated to tariffs and is instead due to increased use of technology and a previously announced plan to trim its Amazon business. UPS in January announced a ...

Express giant UPS has announced it will cut around 20,000 jobs largely as a result of its decision to reduce its business ...

UPS job cuts affect 20,000 workers and close 73 stores as Amazon deliveries drop and Q1 earnings reflect the change.

Bear Case: The large-scale layoffs ... declines from Amazon, Temu, and Shein highlight the risk of overdependence on a few large customers and the vulnerability of UPS’s business model to ...

Cutting more than half of its Amazon deliveries is good for UPS’s business in the long run, its CFO says Jennifer Williams ...