Ken Hoexter, Research Analyst at BofA Securities, tells Worldwide Exchange UPS is cutting costs fast as margins shrink and ...

United Parcel Service Inc. (NYSE: UPS) is preparing for a major change in its business as it expects to lose half of its Amazon-related volume over the next six quarters, according to Bank of America ...

Considering that Amazon (AMZN) accounted for 11.8% of UPS's total revenue for the year, which translates to roughly $10.7 billion, it didn't help that the delivery giant also resumed its pattern ...

UPS is planning to achieve $3.5 billion savings this year through job cuts and facility closures as the Sandy Springs-based ...

Discover why UPS, with a 6.6% dividend yield, buybacks, and growth potential in automation, may be a lucrative opportunity ...

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.

A UPS strike could help pave the way for further organization efforts at Amazon, accordion to Robert Anthony Bruno, a professor at the University of Illinois’ School of Labor and Employment ...

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.

Amazon and its affiliates represented about 11.7% of UPS revenue last year, more than any other retailer. Explore From February: UPS profit soared above $10B in ’21, sales to top $100B in ’22 ...

Another Amazon driver in Arkansas, Hunter Deaver, said he’s now earning $18.50 per hour or $2 more than when he was hired a year ago – adding that Amazon drivers joke about leaving for UPS in ...

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 ...