UPS shares the tank after weak orientation, plans to crush Amazon submissions

Shares Package service More than 15% immersed on Thursday after the company has given weak orientation of revenue and planned to cut delivery GymIts largest customer, more than half.

The shipping giant said Fourth quarter profit report He reached a principle agreement to lower more than 50% of its largest customer in the second half of 2026. “

At the same time, UPS said that the US network is configuring and starting the expected multi-year efficiency initiative that will bring approximately $ 1 billion.

UPS Carol Tome said Carol Tome said Amazon is the largest customer, not the most profitable customer of the company. “Its margin is very diluted for the US home business,” he added.

“We are making changes to business and operating, along with the foundations we have already made, will put us on a more profitable increase in the rise in the best parts of the market.” Tom indicated in a statement.

Kelly Nantel cnbc said CNBC asked CNBC for “his operational needs” volume reduction.

“We certainly respect the decision,” Nantel said in a statement. “We follow many other partners and other carriers to serve our customers.”

Amazon said before the UPS announcement to increase the UPEN volumes.

$ 2025 million revenues of $ 89 million, down 2024 to $ 91.1 million in revenue. Therefore, there are 94.88 million income below consensus, according to the voted LSE analysts.

In the fourth quarter, the ups and downs lost about income, announced $ 25.30 million in a Lega survey for 25.42 billion millions.

Amazon has long relocated with the mixing of major carriers, including submissions, ups, Fedex and US mail service. But in recent years it has reduced the number of packages sent through ups and other carriers, having more control over shipments.

Amazon has built quickly since its own logistics empire Fiasco on holiday 2013 Left packages in the hands of external carriers. The company oversets the delivery of the last thousands of miles, which offer only the packages to Amazon, as well as the internal network of aircraft, trucks and ships. According to certain estimates, Amazon’s home logistics operations have become rivals or exceed the size of major carriers.

UPS, for its part, has had more aggressive cost controls, among other things, the hospitality of more profitable delivery. About investors call, Tomak highlighted health care, international international and business, or B2B, the “best part of the market” even more leaning. In the last quarters, UPS It has benefited From a bolgier flow among the vendors of Temu and Shein negotiations, they have gained a rapid reputation in the US

Last January, UPS Put 12,000 employees As part of the supply of a million dollars in cost savings.