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Will UPS' Move to Reduce Amazon Deliveries Backfire? [Yahoo! Finance]
Last amazon.com, inc. earnings: 4/30 04:01 pm
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the business it does with Amazon by more than 50%. The reduction is set to be complete by the latter half of this year, and the result will be a smaller and leaner operation for UPS. The company has made the controversial move in order to improve its margins, so that its financial results will be stronger. But at the same time, it's taking away a big growth opportunity for its business. Could this move end up backfiring for UPS and its investors? Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. What does this mean for UPS? Cutting a big chunk of business from a major customer is never an easy move, but the benefit for UPS is that it will be able to get leaner and cut a lot of overhead and staff related to Amazon deliveries. Meanwhile, it can reallocate existing efforts to shipmen
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