UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.
FedEx is attractively valued and carries a strong balance sheet. Click here to find out what presents a buying opportunity for FDX stock.
As noted, based on the company's guidance, UPS is a great value. Management's guidance for 2025 calls for revenue of $89 ...
“Amazon is our largest customer, but it’s not our most profitable customer,” Carol B. Tomé, the chief executive officer, said on a conference call that day to discuss its earnings. Although Amazon ...
UPS on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon — a move that will ...
United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...
UPS is continuing to withdraw from its business relationship with Amazon, which is "not our most profitable customer." ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...
Investing.com -- FedEx (NYSE: FDX) stock tumbled 3.5% today after rival United Parcel Service Inc. (NYSE: UPS) released a revenue forecast that fell short of market expectations, signaling weaker ...
The firm believes FedEx (FDX) should benefit from this capacity ... following the announcement of the accelerated glide down of Amazon volume. Published first on TheFly – the ultimate source ...