Core Insights - United Parcel Service (UPS) is facing challenges despite the growing e-commerce market, with a significant 44% drop in shares over the past five years [3] - The company plans to reduce its delivery volumes for Amazon by over 50% by the second half of 2026, which may lead to downsizing and slower growth [7] Company Performance - UPS's third-quarter U.S. domestic revenue decreased by 2.6% year over year to $14.2 billion, with operating profits falling 28% to $603 million [8] - Consolidated financial results showed a 3.7% revenue decline to $21.4 billion, indicating broader struggles across its segments [8] Market Position - UPS's market share is eroding due to intensified competition, particularly from Amazon's investment in its logistics network [6] - The company's initial public offering (IPO) in 1999 was the largest at $60.2 billion, benefiting from the rise of e-commerce, but this advantage is diminishing [4][5]
Is United Parcel Service Stock a Buy?