Investors are displeased, but the strategy of moving away from lower-margin deliveries makes sense in the long run.
Shares of United Parcel Service were suffering their worst day ever on Thursday, after the package-delivery giant announced ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
Q4 2024 Management View CEO Carol Tomé highlighted that UPS achieved consolidated revenue of $25.3B in Q4 2024, an increase ...
United Parcel Service, Inc. (UPS) shares dropped 16.84 percent to $111.25 during Thursday morning trading after the company projected ...
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...
UPS has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house ...
UPS is cutting its business with Amazon in half by the middle of next year due to profitability concerns, CEO Carol Tomé said ...