United Parcel Service (UPS) is a global logistics and package delivery company that provides a wide range of supply chain solutions. It offers transportation services including express delivery, freight shipping, and ground services, catering to both individual consumers and businesses. UPS operates an extensive network of facilities and a fleet of vehicles to ensure efficient and timely delivery of packages and freight across the globe. Additionally, the company provides specialized services such as logistics management, tracking technology, and customs brokerage, aiming to streamline the shipping process and enhance customer satisfaction. Through its commitment to innovative logistics solutions and sustainability initiatives, UPS plays a pivotal role in facilitating commerce and connecting people worldwide. Read More
Looking back on air freight and logistics stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including C.H. Robinson Worldwide (NASDAQ:CHRW) and its peers.
Over the past six months, United Parcel Service’s shares (currently trading at $110) have posted a disappointing 17.5% loss while the S&P 500 was down 1.7%. This may have investors wondering how to approach the situation.
UPS (NYSE:UPS) today announced the launch of UPS Global Checkout, an exciting new service that makes it even easier for consumers around the world to buy online from shippers around the world. Until now, international purchases often arrived with an unpleasant surprise – an additional bill for unpaid import costs. UPS Global Checkout solves that problem by guaranteeing upfront the amount online shoppers pay in duties, fees and taxes, and eliminating the frustration of unexpected costs at delivery.
The U.S. stock market had a mixed session on Tuesday. The Nasdaq Composite climbed nearly 80 points, or 0.5%, closing at 18,271.86, while the Dow remained largely flat at 42,587.50. The S&P 500 edged up 0.2% to finish at 5,776.65. Amidst these fluctuations, certain stocks grabbed the attention of retail traders and investors throughout the day.
Wall Street’s recovery from its recent technical correction paused for a breather on Tuesday, as investors awaited more clarity on tariff developments and digested a downbeat consumer confidence report.
U.S. Postmaster General Louis DeJoy announced his immediate resignation on Monday, marking a significant shift in leadership for the United States Postal Service amid challenging market dynamics.
Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. Still, their generally high capital requirements expose them to the ups and downs of economic cycles, and the market seems to be baking in a prolonged downturn
as the industry has shed 7.5% over the past six months. This performance was discouraging since the S&P 500 stood firm.
