UPS unveils cost-cutting push as tepid parcel shipment demand weighs on outlook
Investing.com - UPS' revenue guidance for the 2025 fiscal year missed analysts' estimates, while the shipping giant also announced a multi-year drive to restructure its key U.S. network as it contends ...
UPS to cut Amazon business by more than 50%, and stock heads for record selloff
The company also said it reached an agreement in principle with its largest customer to lower its volume by more than 50% by the second half of 2026.