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UPS has taken a hit from tariffs, Amazon's thin margins, and a sluggish economy, slashing its stock price by over 50%.
The air freight and logistics industry wrapped up a mixed but mostly solid Q1, fueled by e-commerce growth and tech upgrades.
ATLANTA, June 02, 2025--(BUSINESS WIRE)--UPS (NYSE: UPS) today announced the appointment of John Morikis to the UPS Board of Directors, effective immediately. Morikis is the retired Chairman, ...
UPS stock closed trading Thursday down 14% at $114.90. It's 52-week range is $110 to $159. CEO Carol Tomé said in an earnings call that while Amazon is the shipping giant's biggest customer ...
CEO Carol Tome said the shift away from Amazon would ... UPS Price Action: After a volatile morning, UPS stock is flat at $114.85 at time of publication Friday, according to data from Benzinga ...
The move is part of an effort to reduce the amount of low-value packages in UPS’ network in favor of “growing in the best parts of the market,” UPS Chief Executive Officer Carol Tome said in ...
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UPS Stock Drops 15% as Company Cuts Amazon Deliveries by Over 50% and Issues Weak Revenue GuidanceCEO Carol Tome stated that Amazon, while UPS’ largest customer, is not its most profitable. Amazon, which has expanded its logistics operations, said UPS requested the reduction in volume due to ...
United Parcel Service (UPS) shares plunged 14% on Thursday ... but it's not our most profitable customer," chief executive officer Carol Tome said on Thursday's earnings call.
UPS also said it has reached an agreement in principle with Amazon, its largest customer, to lower Amazon volume by more than 50% by the second half of 2026. As CEO Carol Tomé noted on the post ...
UPS (UPS) stock is plunging Thursday after the international ... agile and differentiated UPS that is growing in the best parts of the market," CEO Carol Tomé said in a statement.
UPS stock was down more than 14% as of Thursday ... “Amazon is our largest customer, but it’s not our most profitable customer,” CEO Carol Tomé told investors on a conference call Thursday.
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