Amazon and Temu’s owner sees stock-market pressure as U.S. Postal Service to stop accepting Chinese parcels
Shares of Amazon.com and PDD Holdings, the owner of popular Chinese shopping app Temu, fell on Wednesday after the U.S. Postal Service said it would stop accepting parcels from China and Hong Kong.
UPS and Amazon May Be Headed for a Split—and the Stock Is Paying the Price
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...
UPS breaks with Amazon to take ‘control of own destiny’
Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...
UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...
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UPS reducing Amazon delivery volume; shares slump on 2025 revenue hit
UPS on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon — a move that will ...
US Postal Service to resume China parcel deliveries amid tariff changes
Some other international couriers including FedEx and SF Express, China's largest express delivery company, said they will ...
‘Control of Our Destiny’: UPS Braves Blowback Over Amazon Break
United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the ...
FedEx: I'm Buying The Dip
FedEx is attractively valued and carries a strong balance sheet. Click here to find out what presents a buying opportunity for FDX stock.
UPS announces major cutback in Amazon relationship
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
UPS Stock Falls After Amazon Business Cut
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.