Retail

UPS shares tank 14% after weak guidance, plan to slash Amazon deliveries by more than half

UPS has shifted away from less-profitable large contracts in recent years, while Amazon has built up its own in-house logistics empire.

Feb 9, 2025 - 22:08
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UPS shares tank 14% after weak guidance, plan to slash Amazon deliveries by more than half
UPS has shifted away from less-profitable large contracts in recent years, while Amazon has built up its own in-house logistics empire.
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