Oops shares fall on the plan to cut Amazon business by half

United Parcel Service Inc. Shares thrown after the company projected annual revenue well under expectations, and said investors that a long-awaited rebound in demand for its package services does not arrive this year and asks it to cut its lowmarkin business with Amazon. Com Inc.

UPS ‘core packing operations have endured a long-term demand truck as packing volumes have fallen from Pandemic-Era peaks. Some customers have also traded from prize to financial services and cut into the Atlanta-based company’s earnings.