The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
Investors are displeased, but the strategy of moving away from lower-margin deliveries makes sense in the long run.
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...
These Stocks Are Moving the Most Today: Tesla, Microsoft, Meta, UPS, IBM, Nvidia, Comcast, Las Vegas Sands, American, Juniper, and More Tesla stock rises on optimism over the electric-vehicle maker’s growth projections, Microsoft’s Azure growth misses estimates ...
UPS stock plunges 17.6% after deal with Amazon to reduce volume by 50% by 2026, sparking concerns about near-term results and ...
(Reuters) - -United Parcel Service on Thursday forecast 2025 revenue below Wall Street estimates, as gains from cost cuts ...
UPS is cutting its business with Amazon in half by the middle of next year due to profitability concerns, CEO Carol Tomé said ...
United Parcel Service (NYSE: UPS) Q4 2024 Earnings Call Jan 30, 2025, 8:30 a.m. ET Big Tech earnings, a key Fed meeting, and Trump's first full week in office: What to know this week ...
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 & ...
Shares of United Parcel Service were suffering their worst day ever on Thursday, after the package-delivery giant announced ...