Trump tariffs could intensify US trucking industry slump, experts say [Yahoo! Finance]
United Parcel Service, Inc. (UPS)
Last united parcel service, inc. earnings: 4/28 07:00 am
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Source: Yahoo! Finance
would deal a blow to the $1.7 trillion U.S. transportation industry and worsen a nearly three-year trucking recession, sector experts said. The industry that moves everything Americans make and buy is considered an economic bellwether, and will be among the first to signal any unintended consequences of trade policies that Trump says will help, not hurt, U.S. businesses. "Tariffs like those proposed will raise prices, and higher prices mean less demand. Less demand equals less freight," said Jason Miller, interim chair of the department of supply-chain management at Michigan State University's business college. Virtually every transportation company operating in the United States is exposed to tariff-related revenue downturns. The biggest include trucking and delivery firms J.B. Hunt Transport Services and United Parcel Service as well as railroad operators Canadian Pacific Kansas City and Union Pacific. J.B. Hunt did not respond to requests for comment and UPS declined commen
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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