UPS is investing infrastructure in Southeast Asia and reducing business related to Amazon.
1 report, 1 independent
Updated Aug 13
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What happened
UPS is investing infrastructure in Southeast Asia and reducing business related to Amazon.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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United Parcel Service
American international package delivery company
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Amazon
American multinational technology company
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Southeast Asia
south-eastern region of Asia
Related events
- Amazon is reportedly controlling significant parcel volume in the U.S., while UPS is concurrently reducing the volume related to Amazon.
- UPS is facing sharp declines in package volumes, leading to a maintained rating despite expectations of continued volume slump.
- Retail operations are based in North America, and Amazon Web Services (AWS) is a major focus of corporate investment.
- Chinese port delays are increasing burdens on Southeast Asia services and driving supply pressures across global routes.
- UPS is accused of outsourcing delivery work to Roadie.
Coverage
Newest first; wire copies grouped- StockStoryThe Top 5 Analyst Questions From United Parcel Service’s Q2 Earnings Call United Parcel Service’s second quarter saw a negative market reaction, as persistent declines in package volumes and mounting