UPS, which could actually end up being the big winner in its breakup with Amazon, is deeply unloved. Notably, its price-to-sales and price-to-earnings ratios are well below their five-year averages.

UPS ditched Amazon to be more profitable. Now it’s slashing 20,000 jobs and plans to close over 70 facilities Story by Irina Ivanova • 5d ...

UPS, meanwhile, has been trying for years to scale back its business with Amazon. The recent move accelerates the timeline, which may in part stem from a relatively new labor contract, analysts said.

UPS to slash 20,000 jobs on weak Amazon deliveries over Trump tariff turmoil By Taylor Herzlich Published April 29, 2025, 10:32 a.m. ET ...

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 ...

UPS on Tuesday announced it is planning to cut 20,000 jobs this year, part of a cost-cutting effort that's linked to the delivery giant's decision to deliver fewer packages from Amazon, its ...

Amazon accounted for 11.8% of UPS' overall revenue in 2024. "The actions we are taking to reconfigure our network and reduce cost across our business could not be timelier," Tome said.

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 ...

UPS has long been a third-party delivery partner of Amazon. In January, it and Amazon agreed that the e-commerce giant would trim the volume of Amazon packages it handles by more than 50%.

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 ...