UPS (UPS) CEO says for 2026, we intend to glide down another million pieces per day from Amazon
Newsquawk Staff ·
UPS (UPS) CEO says for 2026, we intend to glide down another million pieces per day from Amazon.
What it means
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. 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.
- The Mosaic Company (MOS) Q3 2026 (USD): Adj. EPS -0.19 (exp. -0.01), Revenue 3.1bln (exp. 3.05bln)
- Arista Networks Inc. (ANET) Q3 2026 (USD): Adj. EPS 1.20 (exp. 1.08), Revenue 3.66bln (exp. 3.33bln)
- Booking Holdings Inc. (BKNG) Q3 2026 (USD): Adj. EPS 4.66 (exp. 4.49), Revenue 8.9bln (exp. 9.55bln)
- Uber’s (UBER) Jill Hazelbaker to join OpenAI as Chief Corporate Affairs Officer, reports The Information
- Newsquawk Daily US Earnings Estimates - 4th November 2026: CVS, UBER, MCD, QCOM, MCK, ARM
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