Logistics and Delivery Company
Appears in 2 stories
Restructuring its network and customer mix
UPS spent 18 months firing its biggest customer. On July 28, 2026, the numbers showed why. Revenue hit $22.83 billion and adjusted profit reached $1.76 per share, both above what Wall Street expected. The company raised its full-year outlook and said it was back to growing.
Updated Jul 28
Restructuring operations, exiting Amazon business
Amazon was UPS's largest customer for nearly three decades. On January 27, 2026, UPS announced 30,000 additional job cuts and 24 facility closures to slash Amazon deliveries by more than half, calling the relationship 'extraordinarily dilutive' to profit margins. UPS stock rose 4% in pre-market trading on the earnings beat, then pulled back on a weak first-quarter outlook.
Updated May 23
No stories match your search
Try a different keyword
How would you like to describe your experience with the app today?
