For now, UPS is retaining close ties to Amazon, one of its largest customers, taking long-term risk for short-term gain
As FedEx Corp. stops shippingAmazon.com Inc. packages, United Parcel Service Inc. mulls a similar question to the one its delivery rival just faced: grow alongside one of the world’s largest shippers or cut off a looming competitor?
For now, UPS is retaining close ties to Amazon, one of its largest customers. The Atlanta-based shipping giant gets close to 10% of its revenue from Amazon, according to a Morgan Stanley estimate, a figure that could grow as the online retailer seeks new carriers for the packages that once went...
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