UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop Thursday morning. The Georgia-based logistics company will cut the volume it ...

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

UPS's CEO said Thursday that it would reduce the number of Amazon packages it handles as profit from those shipments shrinks. "This was not their ask," Carol Tomé said on an investor call.

The change will come into effect by the second half of 2026, with UPS CEO Carol Tomé indicating the cause being that Amazon ...

What they do & how much they get paid In corporate headlines, UPS is at the point of its relationship with Amazon, where it’s ready for that awkward conversation that ends with the phrase: I think we ...

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The strategy calls for operational tweaks and network improvement to offset a projected Amazon drop in package volume. To concentrate on small and medium-sized companies, healthcare logistics, and ...