Risk factors

United Parcel Service (UPS) risk factors

Item 1A of every United Parcel Service, Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

  • FY2025 10-K risk factors
    24 risks2 new16 reworded

    UPS is executing a strategy to reduce Amazon.com volume by over 50% by June 2026, cutting related assets and workforce.

    Filed Feb 17, 2026
  • FY2024 10-K risk factors
    22 risks

    Loss of Amazon volume by more than 50% by June 2026 poses a major customer concentration risk. Teamsters union labor agreements through July 2028 govern significant U.S. operations. Global footprint creates heavy exposure to currency fluctuations, climate regulations, and physical security demands.

    Filed Feb 18, 2025