In January, UPS announced that it had reached a deal with Amazon, its biggest customer, to lower its volume by more than 50% by the second half of 2026. During UPS’ fourth-quarter earnings conference ...

(Bloomberg) — United Parcel Service Inc. expects to cut 20,000 jobs this year and close dozens of facilities as it dramatically reduces shipments for e-commerce giant Amazon.com Inc. The ...

Amazon said in an emailed statement that UPS requested a reduction in volume “due to their operational needs.” Amazon will “continue to partner with them and many other carriers to serve our ...

UPS is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon shipments it handles. The package delivery company said Tuesday that it ...

The changes are set to take effect by June 2025. Earlier this year, UPS announced that it would reduce its volume of Amazon shipments by over 50% by mid-2026. Tomé stated that Amazon is UPS' largest ...

Bitcoin search volume on Google Trends remains low despite Bitcoin's price surging past $90,000 in 2025. Bitwise CEO highlights that institutional investors, not retail FOMO, are driving the current ...

FMCG giant Hindustan Unilever Ltd. reported volume growth of 2% for the January-March quarter, whereas the CNBC-TV18 poll had projected the growth to be between 0% and 1%. The management reiterated ...

Amazon Web Services (AWS) is reportedly reassessing some colocation lease negotiations, especially internationally, amid ongoing cost concerns. Although the company looks to be pausing some future ...

2024, it turns out, was a hallmark year for betting on esports. That’s according to a new report by esports betting ecosystem provider Oddin.gg, which found that betting volume had more than doubled ...

According to a note issued by financial services biz Wells Fargo, the ecommerce giant is taking a breather from some of its negotiations over leasing of colocation capacity for its Amazon Web Services ...