UPS Forecasts Revenue Miss

This is a news story, published by Yahoo Finance, that relates primarily to Amazon news.

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Reuters

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Business

Business & Economics

UPS forecasts weak 2025 revenue as it pares Amazon exposure, shares fall

Summary

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82% Informative

UPS' shares fell 5% before the bell after the company said it had reached an agreement with Amazon to cut volumes it transports with UPS by more than 50% by the second half of next year .

Amazon has also been reducing its dependence on UPS as the e-commerce company continues to expand its own delivery network.

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formal

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English

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