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UPS stock plunges

UPS plunged after saying it would deliver fewer Amazon packages. Its CEO says it's about 'taking control of our destiny.'

UPS is cutting its business with Amazon in half by mid-2026, it said Thursday.While big, Amazon's business with UPS was becoming less profitable, CEO Carol Tomé said.Amazon has been building out its own logistics infrastructure in recent years.

Axios on MSN · 11h

UPS stock plunges after announcing cut to Amazon deliveries

United Parcel Service will halve its Amazon package volume to bolster its profitability, but the unexpected move sent the stock tumbling Thursday. Why it matters: UPS gets nearly 12% of its revenue from Amazon deliveries,

The Spokesman-Review · 13h

UPS announces major cutback in Amazon relationship

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 moves for the retailer by more than 50% by the second half 2026,

UPS, Amazon

Reuters · 14h

UPS reducing Amazon delivery volume; shares slump on 2025 revenue hit

United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon.com , and grapples with stubbornly soft demand for lucrative overnight service and commercial shipments.

Hosted on MSN · 9h

UPS Shares Plunge on Plan to Slash Amazon Business By Half

United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling investors that a long-awaited rebound in demand for its parcel services won’t arrive this year and prompting it to slash its low-margin business with Amazon.

NBC News · 10h

UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half

UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most profitable customer.

12h

UPS to cut its Amazon business by more than 50%. Here’s why.

Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...

16h

Amazon (AMZN) Will Cut the Number of Packages Sent Through UPS by 50%

Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will ...

14h

UPS stock plummets 15% because it's about to do a lot less Amazon business

Shares of United Parcel Service (UPS) dropped 15% on Thursday, marking its worst day ever, after the company announced a ...

12h

UPS and Amazon May Be Headed for a Split—and the Stock Is Paying the Price

Guidance and a major change in its relationship with Amazon, however, sent the shares tumbling. UPS reported on Thursday that its fourth-quarter earnings per share were $2.75 from sales of $25.3 ...

12h

UPS to halve Amazon deliveries; shipping giant's stock dives

UPS has been shipping Amazon packages for nearly 30 years, she added. The Seattle-based online retailer accounted for nearly ...

22h

UPS to cut Amazon volume by more than 50%

The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.

12h

UPS scales back on Amazon deliveries: It 'just doesn't make sense for us'

UPS stock tumbled on Thursday as investors digested a weaker-than-expected sales forecast as the company scales back its ...

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