United Parcel Service ( UPS ) is a logistics company that derives its revenue from global delivery services. With a network that spans globally, it covers 99% of the locations worldwide. Per Trefis estimates, UPS shares have a fair value of $126 , which is roughly 20% higher than the market price. You will find details about our forecast in our interactive dashboard for UPS . You can modify key drivers and visualize the impact of changes in these drivers on UPS’s price estimate. Additionally, you can access more Trefis Industrials data here.
- Expansion more than triples size of ground sortation and distribution hub to over 1 million square feet, nearly doubling package sorting capacity
- Adds even more support for express service packages routed to UPS’s nearby Worldport® air hub at Louisville Muhammad Ali International Airport
- Business and retail customers gain speed-to-market and enhanced flexibility from highly automated “super hub”
UPS (NYSE:UPS) has completed the multi-phase expansion of its Louisville Centennial ground package sortation and distribution facility. The project has created 300 new full- and part-time jobs and features UPS’s advanced package processing technologies.
Dropping off some 21 million packages daily across 200 countries, the United Parcel Service of America Inc. has plenty of interactions to track. Known for its logistics prowess, UPS has managed to evolve business for today’s digital overhaul, averaging 200 million daily tracks on its revamped system launched last year. Their record was 335,000,000 tracks in a single day.
How have they accomplished this? The tracking system was all built on a new Red Hat OpenShift platform developed by their IT team. And while success has been a huge motivation, so has not being afraid to fail in order to succeed.
Nish Jani, senior application development manager at UPS, and Khurshid Sohail, application developer at UPS, spoke with Stu Miniman (@stu) and John Walls (@JohnWalls21), co-hosts of theCUBE, SiliconANGLE Media’s mobile livestreaming studio, during the Red Hat Summit in Boston. They discussed UPS’ digital transformation, the successes and failures, and how to navigate it all (see the full interview with transcript here).
United Parcel Service Inc (Symbol: UPS) has been named as the ”Top Dividend Stock of the Dow Transports”, according to Dividend Channel , which published its most recent ”DividendRank” report. The report noted that among the components of the Dow Jones Transportation Average, UPS shares displayed both attractive valuation metrics and strong profitability metrics. The report also cited the strong quarterly dividend history at United Parcel Service Inc, and favorable long-term multi-year growth rates in key fundamental data points.