As the end-of-year holiday season approaches, retail sales are once again forecast to spike. The National Retail Federation expects winter holiday spending to climb between 2.5% and 3.5% relative to 2023, for a total of as much as $989 billion in total spending for November and December. Driven by overall strength in consumer spending trends, the NRF predicts total retail sales for 2024 to be as high as 3.5% over 2023 levels.With the flurry of holiday shopping comes an increased need for customers to make s ...

The latest trading session saw United Parcel Service (UPS) ending at $135.41, denoting a -0.32% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily loss of 0.02%. Elsewhere, the Dow gained 0.38%, while the tech-heavy Nasdaq added 0.04%.Coming into today, shares of the package delivery service had gained 3.97% in the past month. In that same time, the Transportation sector gained 2.66%, while the S&P 500 gained 3.77%.Analysts and investors alike will be keeping a clos ...

Market Overview - The US Fourth-Party Logistics (4PL) market is projected to grow from USD 15.16 billion in 2024 to USD 20.30 billion by 2029, with a CAGR of 6.01% during the forecast period [1] - The US is expected to dominate the North American 4PL market due to strong macroeconomic development, corporate tax cuts, and a stable labor market [2][3] Market Drivers - Increasing demand for logistics services driven by growing imports and exports, as well as the relocation of manufacturing operations to Mexico due to affordable labor [2][3] - The complexity of global supply chains necessitates effective and user-friendly supply chain systems, contributing to the growth of the 4PL market [4] - Rising consumer demand for eco-friendly logistics solutions is prompting the logistics and e-commerce sectors to adapt their methods [5] E-commerce Influence - The e-commerce sector is a significant driver of growth in the 4PL market, with US e-commerce sales expected to reach USD 1.01 trillion by 2023 [7] - The demand for quick deliveries is increasing, leading major retailers to enhance their logistical services to meet customer expectations [7] Technological Integration - Technological advancements such as artificial intelligence, machine learning, and cloud computing are enhancing the efficiency of 4PL providers in managing complex supply chains [7][9] - The integration of data analytics allows businesses to better understand consumer behavior and optimize inventory management [9] Market Segmentation - The US 4PL market is fragmented, with key players including UPS Supply Chain Solutions, DB Schenker, GEODIS, and XPO Inc. [10] - The market is segmented by operating model and end-user, with significant demand from sectors like FMCG, retail, and healthcare [13]

The company's upcoming report could be an eventful one.A Wells Fargo analyst recently cheered UPS (UPS 1.24%) investors by raising the price target on the stock to $142 from $134 and maintaining an overweight rating. It's a mark of confidence in the company ahead of its third-quarter earnings report on Oct. 24. For reference, the analyst maintained the outlook for UPS' third quarter.Is the optimism justified?The analyst's viewpoint on Q3 is interesting because UPS' rival FedEx announced its first-quarter 20 ...

SAN DIEGO, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities who purchased or otherwise acquired United Parcel Service, Inc. (NYSE: UPS) securities between January 30, 2024 and July 22, 2024. UPS is a multinational parcel delivery and supply chain management solutions company operating in more than 200 countries and territories. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call a ...

Elanco Animal Health Incorporated (NYSE: ELAN) - Class action has been initiated on behalf of stockholders against Elanco Animal Health for the period from November 7, 2023, to June 26, 2024 [1] - The complaint alleges that the company made materially false and misleading statements regarding its business and operations, particularly concerning the safety of Zenrelia and the likelihood of meeting its approval timeline for Zenrelia and Credelio Quattro [1] - The lead plaintiff deadline for this case is December 6, 2024 [1] United Parcel Service, Inc. (NYSE: UPS) - A class action has been filed on behalf of stockholders against UPS for the period from January 30, 2024, to July 22, 2024 [2] - The complaint claims that UPS provided misleading information about its expected revenue and operating margin for fiscal year 2024, while concealing material adverse facts about its capacity to handle volume surges in lower-profit services [2] - The lead plaintiff deadline for this case is December 9, 2024 [2]

United Parcel Service (NYSE: UPS ) is an American delivery company that processes more than 20 million packages per day across its fleet of 115,000 ground vehicles and 500 aircraft. UPS is repositioning to target more SMB (SmallBuildingBenjamins is a free stock picking and market commentary investment newsletter. Building Benjamins is the DBA (doing businesses as) publishing entity for Tradition Investment Management, LLC, a registered investment adviser. Benjamin Halliburton, our founder, also founded Trad ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In UPS To Contact Him Directly To Discuss Their OptionsIf you suffered losses exceeding $100,000  in UPS between January 30, 2024 to July 22, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]NEW YORK, Oct. 14, 2024 /PRNewswire/ -- Far ...

NEW YORK, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against United Parcel Service, Inc. (“UPS” or the “Company”) (NYSE:UPS) in the United States District Court for the Northern District of Georgia on behalf of all persons and entities who purchased or otherwise acquired UPS securities between January 30, 2024 to July 22, 2024, both dates inclusive (the “Class Period”). Investors hav ...

SAN DIEGO, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Robbins LLP informs investors that a shareholder filed a class action on behalf of all persons and entities who purchased or otherwise acquired United Parcel Service, Inc. (NYSE: UPS) securities between January 30, 2024 and July 22, 2024. UPS is a multinational parcel delivery and supply chain management solutions company operating in more than 200 countries and territories. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call ...