UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...

UPS is temporarily laying off 138 part-time workers at a Minneapolis facility beginning in April. The package delivery company is shutting down what it calls its “Minneapolis Day Sort” operation, ...

The International Brotherhood of Teamsters, a union representing UPS delivery drivers, confirmed the negotiated service agreement's expiration in a Facebook post last week. "Millions of packages ...

UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.

United Parcel Service's decision to cut Amazon's volume by 50% by mid-2026 is a strategic move to enhance profitability. See ...

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

“Amazon is our largest customer, but it’s not our most profitable customer,” Carol B. Tomé, the chief executive officer, said on a conference call that day to discuss its earnings. Although Amazon ...

At a processing centre in Burlington, Ont., a carrier is stepping up its game to supply pharmacies, hospitals and doctors’ ...

A Citigroup analyst recently lowered the company's price target on United Parcel Service ( UPS 1.21%) stock from $158 to $149 ...