ups

The U.S. stock market had a mixed session on Tuesday. The Nasdaq Composite climbed nearly 80 points, or 0.5%, closing at 18,271.86, while the Dow remained largely flat at 42,587.50. The S&P 500 edged up 0.2% to finish at 5,776.65. Amidst these fluctuations, certain stocks grabbed the attention...

Despite the slower-than-expected economic growth in the US for the final quarter of 2024, the stock market ended in the green on Thursday. The S&P 500 and Nasdaq indices witnessed a rise of 0.5% and 0.4% respectively, as the GDP growth rate fell short of the forecasted 2.6% expansion. The tech-...

Major U.S. indices closed lower, influenced by earnings reports from Tesla, Alphabet, and other companies. The Dow Jones Industrial Average fell by 0.1% to 40,358.09, the S&P 500 dropped 0.2% to 5,555.74, and the Nasdaq edged down 0.06% to 17,997.35. These are the top stocks that gained the...

Last Tuesday, FedEx Corporation (NYSE: FDX) shares tumbled almost 10% as the delivery company reported fiscal second quarter results below expectations and lowered its full year guidance. FedEx’s disappointing figures also dragged down the shares of its rival, United Parcel Service Inc (NYSE...

On Wednesday, FedEx Corporation (NYSE: FDX) delivered a positive earnings surprise as it poached customers from its rival United Parcel Service Inc (NYSE: UPS) and took advantage of the demise of the Yellow Corporation (OTC: YELLQ) who ceased its operations in July despite being a dominant player...

What's next for United Parcel Service Inc. (NYSE: UPS) stock after management and the Teamsters union came to an agreement on a new contract, averting a strike?   Judging by the stock's price action since the parties struck a deal, investors seem unsure of what to expect now....

There is no doubt that UPS Inc.'s labor costs will rise once the Teamsters union ratifies the next five-year contract, which at this writing is still being negotiated. And there is little doubt that UPS will do what it can to recoup what could be a significant increase in its expense tab. ...

According to recent reports, thieves have been looting cargo containers aboard trains near downtown Los Angeles.  The majority of the packages being stolen are from Amazon.com, Inc. (NASDAQ: AMZN), United Parcel Service, Inc. (NYSE: UPS), and FedEx Corporation (NYSE: FDX). ...

TFI International bought UPS Freight with plans to make the LTL carrier "lean and mean," a turn of phrase CEO Alain Bédard likes to use. While the company is implementing that strategy, including recent cuts to salespeople, one thing it needs more of is truck drivers.  As of late July, Montreal-...

This episode is brought to you by DDC FPO. DDC is a business process outsourcing provider that specializes in freight. Perhaps best known for Freight Billing, DDC can turn your back office into a profit center. Discover how to cut expenses and increase margins at ddcfpo.com. UPS (NYSE: UPS) just...

UPS is jumping into the same-day delivery game, announcing Friday that it is acquiring Roadie. Terms were not disclosed. The transaction is expected to close in the fourth quarter of 2021. "Roadie's leading technology, combined with UPS' portfolio, will open doors for new growth opportunities,"...

UPS Inc. said Thursday that it plans to hire more than 100,000 seasonal employees for the upcoming peak holiday shipping season, roughly the same number that the transport and logistics giant hired during the 2020 peak season. UPS (NYSE: UPS) said it is hiring for full- and part-time positions for...

On Nov. 5, 2014, a new company announced its arrival in Australia, promising to take on the monopoly of package delivery that was the Australia Post. Sendle's founders saw e-commerce's potential and realized the volume would create inefficiencies and add cost. "Sendle estimates between 30-40...

The trucking industry needs to get ready because Americans are set to shop. New research from e-commerce solutions firm Radial found that 65% of American shoppers expect to spend as much or more as they did during the 2020 holiday season. That is great news for retailers but could produce some...

Two electric van startups are facing different challenges in the months ahead, but at least one analyst remains supportive of both firms' long-term potential. Electric Last Mile Systems (ELMS) will be first out of the gate with its Class 1 electric van, but shipping costs could alter the pricing...