UPS to cut its Amazon business by more than 50%. Here’s why. - MarketWatch

1. UPS will cut Amazon business by over 50% by 2026. 2. Amazon accounts for 11.8% of UPS's total revenue or $10.7 billion. 3. UPS stock dropped 14.1%, the worst drop in its history. 4. The company aims to reduce costs amidst slower growth in the small-package market. 5. Analysts expect near-term headwinds but potential long-term profitability gains.