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moves money GeekWire July 28, 2026

Less Amazon, more profit: UPS raises forecast after cutting millions of lower-yield deliveries

Less Amazon, more profit: UPS raises forecast after cutting millions of lower-yield deliveries
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A UPS truck makes its way through downtown Seattle. (GeekWire File Photo / Kurt Schlosser) Handling fewer packages for Amazon is boosting the financial outlook for UPS, as CEO Carol Tomé said Tuesday that the delivery giant has successfully completed its planned volume pullback and is pivoting toward higher-margin shipments. “I want to thank all UPSers for their extraordinary work over the past 18 months as we successfully completed our Amazon glide-down and related network reconfiguration initi

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