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2025-01-31 09:35:05 · Translate ·

UPS stock plunged a record 14.1 percent to close at $114.90 after it announced plans to reduce its business with Amazon by 50 percent by 2026.

#UPS #Amazon #logistics #Q42024 #FY2024

UPS stock plunged a record 14.1 percent to close at $114.90 after it announced plans to reduce its business with Amazon by 50 percent by 2026. #UPS #Amazon #logistics #Q42024 #FY2024

UPS to reduce Amazon business by 50%, stock tanks 14%

www.stattimes.com

For the full year 2025, UPS expects revenue to be approximately $89 billion, down from $99.1 billion in 2024.

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