I would like to welcome everyone to the UPS fourth quarter 2024 earnings conference call. [Operator instructions] It is now my pleasure to turn the floor over to your host, Mr. PJ Guido, investor relations officer.
UPS reports robust Q4 performance with increased revenue and operating profit, while navigating challenges in the US market and reducing Amazon volume.
U.S. Postal Service (USPS) workers will no longer deliver UPS SurePost packages. Here's how fast you could get your deliveries.
United Parcel Service Inc. Cl B closed 14.27% below its 52-week high of $158.95, which the company reached on March 22nd.
UPS recently ended a contract with the United States Postal Service and delivery changes are coming to some post office box users as a result.
UPS SurePost packages will be delivered by UPS drivers only after a contract between UPS and USPS expired this year.
The Postal Service market is expected to grow from an estimated USD 246.9 billion in 2024 to USD 297.7 billion in 2033, at a CAGR of 2.10%.
Good morning. My name is Greg Alexander, and I will be your facilitator today. I would like to welcome everyone to the UPS fourth-quarter 2024 earnings conference call. (Operator Instructions) It is now my pleasure to turn the floor over to your host, Mr. PJ Guido, Investor Relations Officer. Sir, the floor is yours.
United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the world’s largest online retailer. Most Read from BloombergManhattan’s Morning
United Parcel Service (UPS) shares plunged 14% on Thursday after the company announced plans to reduce its business with Amazon by more than 50% by June 2026.
CEO Carol Tome says the company’s actions are being made to face three key challenges “head on.” The company’s “largest customer” is
UPS stock dived to a multiyear low. The delivery giant said it has "reached an agreement in principle with its largest customer" — Amazon.com — "to lower its volume by more than 50% by the second half of 2026.