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0.000226513867682412 -0.00056733334451926 -0.000192956257655327 0.00148492424369533 -0.000192956257655327 0.00131713619356035 0.0043687813553919 0.00505042030906559
Stock impact report

UPS Uses Artificial Intelligence For Pricing [Forbes]

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: Forbes
United Parcel Service, the global package delivery and logistics provider, is an exception. UPS (NYSE: UPS) offers a broad range of services. The company has a global presence, serving over 200 countries and territories. Their services include transportation and delivery based on their air and ground network, warehousing, ocean freight, airfreight, and customs brokerage. In 2024, they delivered 5.7 billion packages. UPS's total revenue in 2024 was $91.1 billion. UPS is using a pricing solution from Zilliant . UPS participated in a Zilliant webinar where their pricing transformation director talked about how they worked with Zilliant to achieve significant results. When you think about pricing, it is easy to think of the price of items in a grocery store. In this situation, pricing optimization would consist of calculating whether lowering the price of an item by a few cents will lead to a higher number of purchases that lead to higher profits despite a lower margin. Or conversel Show less Read more
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