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.
UPS stock tumbled on Thursday as investors digested a weaker-than-expected sales forecast as the company scales back its business with Amazon.
The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...
The UPS earnings report showed an ongoing recovery in its core delivery business. But a surprise strategic action by Amazon ...
United Parcel Service on Thursday forecast 2025 revenue below expectations as the parcel delivery giant works to lower ...
CEO Carol Tome added that the current Amazon (AMZN) business is currently “extraordinarily dilutive” to profitability.Invest with ...
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