UPS Shares Beat Other Transportation Stocks With Amazon’s Help [Yahoo! Finance News]
United Parcel Service, Inc. (UPS)
Last united parcel service, inc. earnings: 4/28 07:00 am
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US:NYSE Investor Relations:
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Source: Yahoo! Finance News
Bloomberg) -- In a brutal market rout that has spared almost no corner of the financial market, one American brand is showing extraordinary resilience. Shares of United Parcel Service Inc. have held their own in the past month as other transportation companies plunged amid the global coronavirus pandemic that’s brought daily life to a screeching halt. UPS has been bolstered by its deep ties to Amazon.com Inc. “UPS is participating in the e-commerce ‘boom’ as people don’t go to stores and stay home and order online,” Cowen analyst Helane Becker said in an interview. According to Cowen’s estimates, about 14% of UPS’s volume is Amazon-related versus none at all at FedEx. “In fact, we believe that most of the volume FedEx rejected is being flown by UPS,” Becker said. As travel restrictions expanded and officials in cities around the country urged people to avoid stepping outside unless absolutely necessary, transportation stocks from airlines and car rentals to rails and truckers all decl
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UPS
News
- FedEx to spin off its freight trucking business [CNBC]CNBC
- Teamsters president stands firm against Amazon: 'Santa would be disgusted' by company's behavior [FOX Business Network]FOX Business Network
- Here's How Many Shares of UPS You Should Own to Get $5,000 in Yearly Dividends [Yahoo! Finance]Yahoo! Finance
- Why United Parcel Service (UPS) Is One of the Best Freight Stocks to Buy Now? [Yahoo! Finance]Yahoo! Finance
- United Parcel Service (UPS) Sees a More Significant Dip Than Broader Market: Some Facts to Know [Yahoo! Finance]Yahoo! Finance
UPS
Earnings
- 10/24/24 - Beat
UPS
Sec Filings
- 11/27/24 - Form 4
- 11/27/24 - Form 4
- 11/27/24 - Form 4
- UPS's page on the SEC website