UPS Completed Its Amazon Volume Pullback. Is the Turnaround Finally Working?

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UPS Completed Its Amazon Volume Pullback. Is the Turnaround Finally Working? Jeff Lewis Sun, August 9, 2026 at 1:59 PM PDT 7 min read UPS AMZN United Parcel Service, Inc. (NYSE: UPS ) shares surged in premarket trading on July 28 after the package-delivery company reported a second-quarter beat and raised its 2026 outlook. Revenue reached $22.83 billion, above the $21.81 billion consensus estimate, while adjusted earnings of $1.76 per share exceeded the $1.66 estimate. UPS now expects full-year revenue of approximately $91.2 billion, up from $89.7 billion, and adjusted earnings of approximately $7.22 per share. The more important development was operational. Eighteen months after announcing an accelerated reduction in lower-margin Amazon volume, UPS said it had completed the planned "glide down" and the related phase of its network reconfiguration. That did not end the Amazon relationship: Amazon had accounted for more than 13% of UPS revenue at its peak, but its contributio...
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Iran says Oman deal is in ’final stages’ but US must act to open Hormuz

Article about global economy: Iran says Oman deal is in ’final stages’ but US must act to open Hormuz

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