UPS (UPS) CEO says for 2026, we intend to glide down another million pieces per day from Amazon
UPS's CEO indicating a plan to gradually reduce dependence on Amazon by cutting one million parcels per day by 2026 suggests a significant strategic shift.
US President Trump says big armada going over to Iran but hopefully won't have to use it; bigger than the one that was near Venezuela
Japanese Finance Minister Katayama says she had a G7 ministers meeting online; discussed critical minerals and support for Ukraine
UPS (UPS) CEO says for 2026, we intend to glide down another million pieces per day from Amazon
Kazakhstan's Chevron's (CVX) Tengiz oilfield is reportedly seen recovering less than half its output by the 7th of February, according to industry sources
Kimberly-Clark (KMB) executive expects 60bps impact to FY growth from partial loss of diapers, training pants distribution in North America Club channel - conference call
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This move may impact UPS's revenue projections, reflecting a conscious effort to diversify their client base amidst potential changes in their relationship with Amazon, which could have broader implications for the logistics sector and UPS's competitive positioning.
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