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Amazon, UPS

Bloomberg L.P. · 14h

UPS’ Amazon Reduction Is the Right Move

Investors are displeased, but the strategy of moving away from lower-margin deliveries makes sense in the long run.

Newsweek · 14h

UPS Stock Falls After Amazon Business Cut

The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.

Business Insider · 14h

Amazon (AMZN) Will Cut the Number of Packages Sent Through UPS by 50%

Logistics company United Parcel Service (UPS) has announced that Amazon (AMZN) packages sent through its service will decrease by over 50% by

8hon MSN

UPS Shares Plunge on Plan to Slash Amazon Business By Half

United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling ...

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Amazon laying off dozens in communications department, Bloomberg says

Amazon is cutting dozens of jobs in its communications unit in an effort to cut costs, Bloomberg’s Spencer Soper and Vinicy Chan report.

13don MSN

Amazon suspends US drone deliveries following crash at testing facility

Amazon has paused testing of its delivery drones following a crash involving two of those drones, according to Bloomberg.

8don MSN

Amazon to Close Warehouses in Quebec, Eliminating 1,900 Jobs

French-speaking Canadian province of Quebec.“Following a recent review of our Quebec operations, we’ve seen that returning to ...

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