UPS will reduce the amount of Amazon volume it delivers by more than 50% by the second half of 2026 under an agreement in principle reached by the two companies, UPS announced Thursday.

UPS Inc., by far the largest employer in Greater Louisville, made the announcement in its fourth-quarter earnings report Thursday morning. The company plans to cut Amazon volume by more than 50% ...

UPS faces declining revenues, margin pressure, and union resistance, but $82 offers a compelling long-term entry point. Click ...

UPS will reduce the amount of Amazon volume it delivers by more than 50% by the second half of 2026 under an agreement in principle reached by the two companies, UPS announced Thursday.

UPS’s 11th-hour resolution of multiple labor grievances has prevented the Teamsters from orchestrating a strike at the ...

UPS and Amazon have reached an agreement to decrease total volume by more than 50% by the end of 2026. UPS’s contract with Amazon was up for renewal this year, making leadership to reevaluate ...

Avoiding a major labor crisis, at least for the time being, parcel giant United Parcel Service UPS agreed to resolve several ...

The addition of the fee took place in 2023. It comes after Amazon’s 2022 implementation of a charge for instances of returns via UPS pick-up, according to The Information.

Amazon delivered more than 5 billion packages in the U.S. in 2021, while UPS delivered roughly 5.5 billion U.S. packages, according to company figures and industry estimates. Amazon has said it ...

Amazon.com Inc. (NASDAQ:AMZN) is one of the best big tech stocks to buy right now. On Thursday, August 14, Morgan Stanley’s ...

Amazon-related revenue falls as UPS refocuses UPS’ revenue tied to Amazon fell from 13.3% in 2020 to 11.3% in 2022, according to a UPS securities filing.