Bear of the Day: United Parcel Service (UPS) – May 19, 2025
From Zacks Investment Research: 2025-05-19 05:06:00
UPS, headquartered in Atlanta, is the world’s largest express carrier and package delivery company. They offer specialized transportation and logistics services worldwide, delivering an average of 22.4 million packages daily in 2024. However, UPS plans to cut its Amazon business by over 50% by 2023 due to low profitability. Additionally, weak demand in Europe and Asia is impacting revenue forecasts for 2025. Unionization has also led to a significant increase in full-time worker pay, hurting profitability. Relative price weakness compared to the market is another concern for UPS shareholders.
Read more at Zacks Investment Research: Bear of the Day: United Parcel Service (UPS) – May 19, 2025