UPS to reduce Amazon business by 50%, stock tanks 14%

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Mahindra Logistics (MLL) reported a net loss of Rs 36 crore for the year ended March 31, 2025 compared to Rs 55 crore in FY2024.

#mahindralogistics #ceo #fy2024 #logistics #fy25

www.itln.in

Mahindra Logistics reduces loss to Rs 36cr in FY25, Sikka to be CEO

Revenue increased 11% to Rs 6,105 crore on strong performance in 3PL, last mile delivery and cross border services.

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UPS stock plunged a record 14.1 percent to close at $114.90 after it announced plans to reduce its business with Amazon by 50 percent by 2026.

#ups #amazon #logistics #q42024 #fy2024

www.stattimes.com

UPS to reduce Amazon business by 50%, stock tanks 14%

For the full year 2025, UPS expects revenue to be approximately $89 billion, down from $99.1 billion in 2024.

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25 w

Mahindra Logistics reduces loss to Rs 36cr in FY25, Sikka to be CEO

37 w

UPS to reduce Amazon business by 50%, stock tanks 14%

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