UPS distributes a warehouse after weak management, plan to slash the Amazon supply

Shares United Parcel Service The company has been closed on Thursday 14% after giving poor income guidance for the year and said he planned to reduce supply AmazonThe biggest customer is more than half.

The shipping giant said its fourth quarterly profit report “In principle with the largest customer to reduce the volume of 50% to the second half of 2026, in principle”

At the same time, UPS’s network of US network was reconstructed and the start of its perennial effectiveness initiatives will result in about $ 1 billion, he said.

UPS CEO Carol Tome said that Amazon is the largest customer, but it is a call with investors who said that this company is not the most profitable customer. “His margin is very warm to the internal affairs of the United States,” he said.

“We have done business and operation that, along with the basic changes we have already prepared,” Tome said in a statement to be a more profitable, flexible and distinguished thing, “Tome said.

Amazon spokesman Kelly Nantel told CNBC that the UPS said in a statement that UPS demanded a decrease in volume of “due to operational needs”.

“Of course, we respect the decisions,” Nantel said. “We will continue to do many other carriers to serve dozens of partners and customers.”

Amazon said before the announcement of the UPS, it proposed to increase the volume of growth.

In 2024, $ 2025 worth $ 91.1 billion in revenues, $ 89 billion income from 2025.

For the fourth quarter, the LSEG’s revenues against $ 25.30 billion with an analytical expected in a questionnaire by LSEG.

Amazon has long been a mixture of large carriers for supply, including UPS, Fedex and US Postal Service. However, it reduced the number of packages sent through UPS and other carriers in recent years, as it seems to control the supply.

Amazon has developed its logistics empire since today 2013 strike fiasco Packages were closed in the hands of the outside carriers. The company now controls the packages for Amazon only thousands of thousands of planes, trucks and ships networks. With some calculations, Amazon’s internal logistics operations they grew up to the opponent or exceed the size of large carriers.

UPS has taken more aggressive expenses control measures by catering to more profitable delivery customers. In the invitation of the investor, Tome Tehmanli was provided with medical care; Small business; international; or as “the best parts of the market”, which is based on a business or B2B, which is heavier. The last quarter, UPS has benefited From the steering wheel from the steering wheel from the steering wheel, from the Temu and Shein who gained rapidly popularity in the United States

Last January, UPS 12.000 was put to employees As part of an offer to carry out $ 1 billion cost savings.