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Stock impact report

United Parcel Service, Inc. (UPS): Are Hedge Funds Bullish On This Logistics Stock Right Now? [Yahoo! Finance]

United Parcel Service, Inc. (UPS) 
Last united parcel service, inc. earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.ups.com
Company Research Source: Yahoo! Finance
are going to take a look at where United Parcel Service, Inc. (NYSE:UPS) stands against the other logistics stocks. The Logistics Industry: Current Dynamics Logistics companies transporting goods around the world continue to navigate uncertainty as Donald Trump plans to impose 60% tariffs on goods from China and 25% tariffs on goods from Mexico and Canada. As reported by CNBC, Dave Bozeman, the new CEO of C.H. Robinson, sees an opportunity in Trump tariffs. The logistics giant is a top 3 carrier on the China-U.S. freight lane also carrying nearly 10% of the freight on the US-Mexico lane. Citi transportation analyst Ari Rosa considers the company's business diversified enough to work through tariffs despite its global forwarding business being very exposed to China. The CEO's stance on the tariffs was quite positive as well, as he stated: “The freight still has to move. It might just move at a different starting point, and we would still be there to move that.” In an interview Show less Read more
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