Reported about 7 hours ago
UPS has announced a strategic move to decrease delivery volumes from its largest customer, believed to be Amazon, as part of a plan to gain more control over its operations and improve margins. CFO Brian Dykes emphasized that this decision, while leading to reduced revenue in 2025 and 2026, will enhance profitability in the long term. The transition is being managed carefully to avoid disruptions for customers.
Source: YAHOO