Shares of major shipping companies tumbled on Monday after Amazon unveiled a new business that opens its vast logistics network to external clients, intensifying competition in the global freight and delivery market. The company said it is rolling out “Amazon Supply Chain Services,” allowing businesses to tap into its infrastructure for fulfillment, ocean and air freight, and trucking.
UPS and FedEx shares sank Monday after Amazon announced it was opening up its supply chain network to outside companies. Both stocks fell 10% in midday trading.
Both Union Pacific UNP and United Parcel Service UPS delivered better-than-expected first-quarter 2026 results, but the quality and trajectory of growth diverged meaningfully.
It has taken time for United Parcel Service, Inc. NYSE: UPS to recover from its loss of the Amazon NASDAQ: AMZN contract, but the recovery is at hand. The Q1 earnings results revealed not only strengths but also an accelerated outlook for inflection, despite the tepid guidance.
Coca-Cola (NYSE: KO | KO Price Prediction) and United Parcel Service (NYSE: UPS) both beat Q1 2026 estimates on the morning of April 28, 2026.
United Parcel Service tops Q1 earnings and revenue estimates despite year-over-year declines, and reaffirms 2026 sales guidance above expectations.
United Parcel Service, Inc. (UPS) Q1 2026 Earnings Call Transcript
The logistics industry is moving goods through a fog of contradictions. Demand has cooled, costs are up, and expectations for speed and reliability remain unforgivingly high despite ongoing macro pressures.
Shares of United Parcel Service Inc (NYSE:UPS) fell 3.6% on Tuesday after the delivery giant posted mixed first-quarter results, with revenue and adjusted earnings topping estimates but continued weakness in its US package business weighing on sentiment. UPS reported first-quarter 2026 consolidated revenue of $21.2 billion, compared with estimates of $20.99 billion.
Although the revenue and EPS for UPS (UPS) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
United Parcel Service (UPS) came out with quarterly earnings of $1.07 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $1.49 per share a year ago.
Shares of United Parcel Service fell about 3% in premarket trading on Tuesday after the parcel delivery giant reported lower profit and revenue for the first quarter, even as it signalled a return to growth in the coming months. The results, however, exceeded Wall Street expectations on both the top and bottom lines, suggesting that the company's restructuring efforts are beginning to stabilise performance.