UPS to cut its Amazon business by more than 50%. Here's why.
UPS's stock tumbled 17% in midday trading, putting it on track to break the current record selloff of 12.1% seen on July 23, 2024. It was by far the biggest decliner in the S&P 500 index SPX and was ...
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Fueling Global Growth: How FedEx Empowers Small Businesses Through Innovation, Collaboration, and Support
Throughout its history, FedEx has been an integral part of the small- and medium-sized business (SAM) sector. The extensive ...
UPS trades at a multi-year low even though it expects margins and EPS to increase this year
United Parcel Service (NYSE:UPS) fell sharply in morning trading on Thursday after the delivery giant said it reached a deal with Amazon (AMZN) to lower its volume by more than 50% by the second half ...
What's Going On With FedEx Shares Thursday?
FedEx stock is trading lower on Thursday in sympathy with United Postal Service, which fell after it reported 2024 ...
UPS Is Shedding Dead Weight, But It Might Not Be Enough
United Parcel Service struggles with declining revenue and profit margins, with a significant stock drop due to strategic decisions. See why UPS is a Hold now.
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FedEx shares fall as UPS outlook weighs on sector
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 ...
Want Better Returns? Don't Ignore These 2 Transportation Stocks Set to Beat Earnings
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
UPS says 2025 revenue to slide on fewer Amazon deliveries; shares drop
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...
UPS Stock Drops as Shipping Giant Reports Weaker-Than-Expected Q4 Results
Shares of United Parcel Service sank 10% in premarket trading Thursday after the shipping giant reported worse-than-expected fourth-quarter results.
UPS slides after cutting business with its largest customer by 50%
Notably, UPS ( UPS) announced it has reached an agreement in principle with its largest customer to lower its volume by more ...
Italy seizes $48.4 million from FedEx's unit over alleged tax fraud
Italian tax police have seized 46.6 million euros ($48.4 million) from FedEx's local unit, FedEx Express Italy srl, following ...
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'It’s just FedEx': Allegany County residents fed up with FedEx delivery issues
Residents in Allegany County are expressing frustration over ongoing delivery issues with FedEx. Complaints range from ...