UPS announced it would decrease shipping volume from Amazon, its biggest customer, by more than 50%.

The Business Journals

United States

UPS to halve Amazon deliveries; shipping giant's stock dives

Shares of United Parcel Service plunged more than 15% Thursday after the company issued weak revenue guidance for the year and said it planned to cut deliveries for Amazon, its largest customer, by more than half.

Ad Fontes Media

All Sides

Media Bias/Fact Check

CNBC

Roberts family

UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half

Advance Publications

The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.

Newsweek

IBT Media

UPS stock falls after Amazon business cut

Shares of UPS crashed to their lowest price since 2020 after the shipping giant announced it will slash its business with Amazon.
On Jan. 30, the Atlanta-based United Parcel Service, Inc. issued its fourth-quarter earnings release summarizing the company’s performance in 2024. During a conference call accompanying the earnings release, UPS CEO Carol Tomé said the company wasn’t expecting its demand to rise in 2025 and would be reducing its busin…

The Epoch Times

Epoch Media Group

New York

UPS to Slash Package Deliveries for Amazon

UPS said it will deliver fewer Amazon packages.Justin Sullivan/Getty ImagesUPS is cutting its business with Amazon in half by mid-2026, it said Thursday.While big, Amazon's business with UPS was becoming less profitable, CEO Carol Tomé said.Amazon has been building out its own logistics infrastructure in recent years.UPS is reducing the number of Amazon packages it handles as profit from those shipments shrink, its CEO said Thursday."This was no…

Business Insider

UPS plunged after saying it'll deliver fewer Amazon packages. Its CEO says it's about 'taking control of our destiny.'

UPS’s stock falls after a deal to cut volume with largest customer by more than half, a revenue miss and a downbeat full-year outlook.

MarketWatch

Murdoch family

UPS to cut Amazon business by more than 50%. Its stock is tumbling.

UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop Thursday morning. The Georgia-based logistics company will cut the volume it moves for the retailer by more than 50% by the second half 2026, a move company leaders say reflects UPS’ new strategy.

Cox Enterprises

Atlanta

Fulton County

Georgia

UPS announces major cutback in Amazon relationship

United Parcel Service (UPS) shares tumbled 15% at the cash open, marking the stock’s largest intraday decline in decades and putting it on track for its lowest level since July 2020. The selloff follows a dismal 2025 revenue forecast and news that the company plans to slash 50% of its shipping volume with Amazon by the second half […]

Zero Hedge

UPS Shares Crash Most On Record After Amazon News - Nemos News Network

UPS is continuing to withdraw from its business relationship with Amazon, which is "not our most profitable customer."

Engadget

Verizon Communications

UPS plans to slash its shipping business with Amazon by half

United Parcel Service UPS-N on Thursday forecast 2025 revenue below expectations as the parcel delivery giant works to lower exposure to its largest customer, Amazon AMZN-Q, and as other customers opt for cheaper, slower ground-based deliveries.
UPS’ shares fell 5 per cent before the bell after…

UPS to halve Amazon deliveries; shipping giant's stock dives

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