United Parcel Service Inc. (NYSE: UPS) is preparing for a major change in its business as it expects to lose half of its ...

According to Pitney Bowes, Amazon shipped 6.3 billion parcels in 2024, up 7.3% from the year before, and far ahead of UPS's 4.7 billion and FedEx's 3.7 billion.

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.

As with any good breakup drama, the story between Amazon and UPS, as United Parcel Service is called for short, is hard to call. UPS says that the Amazon business it was doing was high volume, but ...

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%.

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 ...

Sandy Springs-based UPS saw its second quarter revenue and profit decline compared with a year ago as it faces trade volatility and decreased U.S. shipping volumes. The shipping giant reported $1. ...

UPS said in January it plans to shrink shipment volumes for Amazon, its largest customer, by more than 50% by the second half of 2026 to focus on fewer, but more profitable deliveries.

Amazon has hired FedEx to handle some of its large package deliveries, the companies said on Monday, weeks after UPS said it was halting its less-profitable deliveries for the e-commerce retailer ...

(Reuters) -Amazon has hired FedEx to handle some of its large package deliveries, the companies said on Monday, weeks after UPS said it was halting its less-profitable deliveries for the e ...

Late last month, UPS said it would slash 20,000 jobs and shut 73 facilities as a part of its planned reduction in Amazon deliveries, as well as cost-cutting and efficiency projects under a major ...