UPS stock dived to a multiyear low.The delivery giant said it has "reached an agreement in principle with its largest customer" — Amazon.com — "to lower its volume by more than 50% by the second half ...

Gross domestic product (GDP) increased at an annual rate of 2.3% in the fourth quarter of 2024, according to the Bureau of ...

United Parcel Service (NYSE: UPS) beat expectations for the fourth quarter, but the company's forecast for 2025 was well short of expectations, in part because of a high-profile break with partner ...

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories.

UPS plans 50 percent cut in Amazon volume, while Hapag-Lloyd sees Q4 earnings gains, but geopolitics could mean challenges are ahead.

As part of an agreement with Amazon, UPS said it said would cut the volume of Amazon deliveries it transports by more than 50 ...

UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...