Loop Capital cut its ratings on FedEx and UPS in response, warning of higher prices and reduced transportation volumes.
Loop Capital Markets adjusted their price target on shares of United Parcel Service (NYSE:UPS), reducing it to $115 from the previous $120, while maintaining a Hold rating on the company's stock. The ...
United Parcel Service (NYSE:UPS), a global leader in package delivery and supply chain solutions, finds itself at a critical ...
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With a volume of 10,657,850, the price of UPS is up 0.1% at $115.01. RSI indicators hint that the underlying stock may be approaching oversold. Next earnings are expected to be released in 81 days.
UPS has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house ...
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What's next: For businesses that use UPS SurePost, UPS is working on updating its systems to remove P.O. boxes as an option when shipping via SurePost. Consumers can redirect SurePost packages in ...
The change returns millions of packages to UPS package cars for final-mile delivery. "Millions of packages moved away from SurePost and the United States Postal Service and returned to UPS package ...
YES LAUREN, THE NEW YEAR MARKED THE END OF THE DELIVERY CONTRACT FOR U-P-S "SURE POST", ACCORDING TO THE INTERNATIONAL BROTHERHOOD OF TEAMSTERS -- WHICH REPRESENTS UPS DELIVERY DRIVERS.
A few delivery services might be the blame. According to a report, an expire contract agreement between UPS and the US Postal Service has delayed millions of packages across the country.