United Parcel Service, Inc. (UPS) is actively forging ahead to strengthen its foothold in the Asia Pacific market. To this end, UPS has recently inked a deal with The Luzon International Premiere Airport Development Corporation (“LIPAD”) aimed at opening a new hub at the Clark Airport in the Philippines. The construction of the new hub is expected to begin in February 2025, and it is anticipated to be operational in late 2026.Considering the fact that UPS has been doing business in the Philippines hub for m ...

A UPS driver delivers packages on a route. Joe Raedle/Getty Images News As a dividend growth investor, I highly value businesses that value their shareholders. What I mean is companies that are committed to returning capital to shareholders via share repurchases and dividends in both the good times and the bad times. This is because both the willingness and ability to do this are a somewhat rare combination in investing. A company can try to deliver value to shareholders all it wants, but if the cash isn't ...

The most recent trading session ended with United Parcel Service (UPS) standing at $154.75, reflecting a +0.51% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.11% loss on the day. At the same time, the Dow added 0.12%, and the tech-heavy Nasdaq lost 0.41%.The the stock of package delivery service has risen by 5.26% in the past month, leading the Transportation sector's gain of 1.84% and the S&P 500's gain of 2.7%.Investors will be eagerly watching for the performance of ...

United Parcel Service (UPS 2.45%) shares have lost one-third of their value since early 2022, weighed down by slowing freight volumes and headlines about a massive raise for unionized workers. But an influential Wall Street publication said over the weekend that it is time to buy UPS shares, and investors are reacting.As a result, shares of UPS were up 3% as of 2 p.m. ET Eastern.Is the worst over for UPS?UPS is one of the world's largest shipping companies, but when demand for transportation slows, there is ...

It has been about a month since the last earnings report for United Parcel Service (UPS) . Shares have added about 4.1% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is UPS due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Earnings Beat at UPS in Q4United Parcel Se ...

United Parcel Service (UPS) closed at $147.77 in the latest trading session, marking a -0.34% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.17% for the day. Meanwhile, the Dow experienced a drop of 0.06%, and the technology-dominated Nasdaq saw a decrease of 0.55%.Heading into today, shares of the package delivery service had gained 2.21% over the past month, lagging the Transportation sector's gain of 3.07% and the S&P 500's gain of 3.98% in that time.The invest ...

United Parcel Service (UPS) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this package delivery service have returned -7.1%, compared to the Zacks S&P 500 composite's +3% change. During this period, the Zacks Transportation - Air Freight and Cargo industry, which UPS falls in, has lost 3.8%. The key question now is: What could be the stock's future dire ...

MarsBars Earnings season can be a good time to pick up bargains, but sometimes it's good to wait a bit for the dust to settle and let price discovery take place before taking the plunge. That process can take up to 1 to 2 weeks before the market reaches a consensus on what it believes to be the 'new normal' absent any macroeconomic surprises. Such appears to be the case for UPS (NYSE:UPS) as its stock price has demonstrated support in the $140 to $145 range since falling from the $160 level prior to Q4 earn ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-15451 ____________________________________ United Parcel Service, Inc. (Exact name of registrant as specified in its charter) Delawar ...

UPS (UPS -1.73%) stock was down almost 3% by 3 p.m. ET today. The move comes as higher-than-anticipated inflation data pushed out expectations for an interest rate cut.Why high-interest rates hurt UPSInterest rates staying relatively high for longer is bad news for a company like UPS that relies on trade to drive volume growth in its network. Indeed, UPS had a challenging 2023, with delivery volumes coming in less than expected due to sluggish growth caused by higher interest rates putting a brake on the ec ...