United Parcel Service beat earnings expectations with a significant EPS gain, though revenue slightly missed estimates.
Investors are displeased, but the strategy of moving away from lower-margin deliveries makes sense in the long run.
Two free concerts on Waitangi Day will have Tāmaki Makaurau rocking. In West Auckland, Waitangi@Waititi 2025 is expected to ...
UPS is cutting its business with Amazon in half by the middle of next year due to profitability concerns, CEO Carol Tomé said ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...
UPS has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house logistics empire.
UPS reported revenue of $25.3 billion. Revenue grew by just 1.5% year-over-year and missed estimates of $25.42 billion. Adjusted EPS of $2.75 beat analyst expectations of $2.53. GAAP results included ...
Quarterly consolidated revenue, at $25.3 billion, rose 1.5% year-over-year, while adjusted earnings per share, at $2.75, increased 11.3% annually. Consolidated quarterly operating profit, at $2.9 ...
UPS stock is lower after announcing that Amazon, its largest customer, will slash its volume by more than 50% by late 2026. Here's what you need to know.
The Heltonville Youth League is gearing up for the upcoming baseball and softball season, announcing that registration will open on February 20th ...