THU 01 OCT   10:48:06

UPS CHIEF SAYS AMAZON VOLUME DECLINE IS CONCLUDED

TUE 28 JUL 2026 MARKETS

Carol Tomé, chief executive of United Parcel Service, stated that the company's "Amazon glide down" is now behind it. UPS had been delivering fewer low-margin packages for Amazon. The company reported an earnings beat and raised its outlook, prompting a rally in its share price.

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