UPS slides after cutting business with its largest customer by 50%
United Parcel Service (NYSE:UPS) fell sharply in early Thursday trading after the company posted a mixed Q4 earnings report. The Atlanta-based transportation company reported revenue increased 1.6% ...
UPS announces major cutback in Amazon relationship
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop Thursday morning. The Georgia-based logistics company will cut the volume it ...