Amazon announced it will start charging some customers for return items they take to UPS stores. Before now, the returns were free, but Amazon is taking new steps to reduce the number of items ...
UPS's CEO said Thursday that it would reduce the number of Amazon packages it handles as profit from those shipments shrinks. "This was not their ask," Carol Tomé said on an investor call. "This was ...
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop Thursday morning. The Sandy Springs-based logistics company will cut the volume ...
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. The carrier ...
CINCINNATI — If you are an Amazon Prime member, you may recall a few years ago when almost everything had one—or two-day shipping. That's not always the case anymore, with so many items coming from ...
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 ...
Amazon has hired FedEx to handle some of its large package deliveries, the companies said Monday, weeks after UPS said it was halting its less-profitable deliveries for the e-commerce retailer and ...
CINCINNATI — If you are an Amazon Prime member, you may recall a few years ago when almost everything had one—or two-day shipping. That's not always the case anymore, with so many items coming from ...
Shortly after announcing they will cut significant amounts of business with Amazon, the United Parcel Service (UPS) stock plummeted to the single largest loss in company history. Stock valuation ...
UPS plans to further reduce its business with top customer Amazon in 2023, even as both companies face obstacles that could complicate their mutually agreed cutback. Amazon is shifting away from UPS ...
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