Categories
UPS News

Is United Parcel Service (NYSE:UPS) A Risky Investment? – Simply Wall ST

Legendary fund manager Li Lu (who Charlie Munger backed) once said, ‘The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.’ It’s only natural to consider a company’s balance sheet when you examine how risky it is, since debt is often involved when a business collapses. We note that United Parcel Service, Inc. (NYSE:UPS) does have debt on its balance sheet. But the real question is whether this debt is making the company risky.

Why Does Debt Bring Risk?

Debt assists a business until the business has trouble paying it off, either with new capital or with free cash flow. If things get really bad, the lenders can take control of the business. However, a more usual (but still expensive) situation is where a company must dilute shareholders at a cheap share price simply to get debt under control. Of course, the upside of debt is that it often represents cheap capital, especially when it replaces dilution in a company with the ability to reinvest at high rates of return. The first step when considering a company’s debt levels is to consider its cash and debt together.

Categories
UPS News

UPS Driver Shows Off Dogs on His Route and People Are Loving It – MSN

People thanked him for being so kind to the doggos.

There’s an old rumor that delivery people and dogs don’t mix. But that’s just not true! In fact, one UPS driver is sharing the dogs that he often sees on his delivery route online, and people on TikTok just can’t get enough.

The delivery driver, Travis Zander (@tmzand), put together a montage of the adorable pups (plus a pair of goats!) and shared it online. “POV you’re a UPS driver in Montana,” he wrote in the video’s text overlay. The montage shows Zander greeting several dogs, and their reaction to him is so sweet! That could be because Zander always has a treat handy and seems like a genuinely nice guy. “Hi buddy, how are ya’?” he asked one dog in the footage. He even knows some of the dogs by name!

Categories
UPS News

UPS shareholders vote down proposal strengthening emissions reduction – Land Line

The vast majority of UPS shareholders voted against a proposal to adopt greenhouse gas emissions reduction targets, indicating one of the nation’s largest truck fleets is not quite ready for electric trucks.

During its annual meeting of shareowners, UPS shareholders voted against a request to adopt independently verified science-based greenhouse gas emissions reduction targets. The proposal was submitted by Green Century Capital Management.

Green Century points out that FedEx and Amazon have set goals for acquiring electric vehicles. Meanwhile, UPS’ goals for its ground fleet rely on alternative fuel.

Categories
UPS News

UPS Dumps Lee Westwood On Heels of LIV Golf Waiver Request – SI

The Englishman had a 14-year relationship with the global courier, with its logos on his shirts and bag. He began the PGA Championship without them.

Lee Westwood’s days of delivering the UPS message to golf fans worldwide appears to have ended this week at the PGA Championship.

The former world No. 1 has been requested by the global courier and logistics company to remove the familiar brown and gold logo from his shirt and bag.

The actions by UPS appear to be due to the 49-year-old’s decision to ask for a release from both the PGA Tour and DP World Tour to play in the first LIV Golf Invitational Series event in early June at Centurion Club outside of London.

Categories
UPS News

Why the Lynchburg area’s UPS mail package delivery has gotten slower – WSLS

Delays are coming from technology changes at a Lynchburg Distribution Center

Several people living and working in the Lynchburg area are frustrated and say they are having to wait longer to get UPS deliveries.

It’s especially difficult for those like Mitch Eggleston. He depends on UPS to get the items he needs for his Appomattox business, TShirtzNow.

“Most of our business is time-oriented. We need stuff,” Eggleston says. “We need to get it in and make sure we can get it to the customer on time. In those cases, it has hurt us. It has hurt us a lot.”