UPS Continues to Feel the Pain of High Oil - Investerms
Fortunately, expectations are already very low for United Parcel Service. It should come as no surprise that oil prices are rising and that the margins of transportation companies will be hit. As a result, a lot of the problems associated with higher oil may already be priced into the stock. What remains is a measure of expectations - how much will oil prices rise and affect margins. This remains to be seen, but it appears that many are expecting $170 per barrel oil by the end of the year at worst.