Category: UPS News

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UPS News

Where Is United Parcel Service Heading in 2017? – Motley Fool

It’s no secret that United Parcel Service, Inc and FedEx Corporation are key beneficiaries of the e-commerce revolution. While that’s good news from a revenue growth perspective, it’s not necessarily a good thing from a margin and cash flow perspective. Both companies are facing margin pressure from growing e-commerce deliveries, and UPS in particular is having to ramp up capital expenditures and costs in order to support future growth.

In this context, let’s take a look at what’s going on at UPS and how it affects the investment proposition.

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UPS News

UPS, SF Holdings plan to join forces in Chinese shipping market – Reuters

United Parcel Service Inc on Thursday announced plans to form a joint venture agreement with Chinese express delivery firm SF Holdings, laying the groundwork to expand shipping services from China to the United States.

SF Holdings, parent company of SF Express, is often called China’s answer to UPS rival FedEx, and is the dominant package delivery company within China. It also delivers to more than a dozen countries, including the United States and Japan.

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Industry News UPS News

Might drones replace trucks for package deliveries? – FleetOwner

It is no secret that many think drones – or, to use their technical descriptive, unmanned aerial devices (UAVs) – prove an ideal delivery platform for small packages.

Indeed, there’s been significant testing of them lately for such service: DHL with its “parcelcopter” in 2014 and United Parcel Service with its parcel car-drone combination earlier this year offer up but two commercial examples.

 

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UPS News

UPS: Shares Trading Below $100 Is A Matter Of When, Not If – Seeking Alpha

Summary

  • The company’s shares continue to languish between $100 and $105 as it faces near-term adversities that it must overcome to drive long-term revenue/earnings growth.
  • The company is focusing on generating growth by expanding its capabilities to fully leverage its network through multiple global modernization projects.
  • The company is also rolling out U.S. Saturday ground operations, upgrading its dangerous goods shipping capabilities, improving its service, and shortening European delivery times.
  • To defray increasing infrastructure costs to handle e-commerce package deliveries, the company is asking retailers to pay for costs when package shipments are below forecasts.
  • Near-term pressures will give new investors a better entry point to buy shares of this global package delivery leader as it adapts and transforms to drive long-term growth.

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UPS News

UPS buys 65-acre parcel in Middleburg Heights, Ohio, in $7.55 million deal for rare undeveloped tract – Cleveland.com

United Parcel Service, Inc., has purchased 65 acres of former farmland in Middleburg Heights, snapping up a rare undeveloped property of that size in Cuyahoga County during a busy season for the industrial real estate market.

The publicly traded package-delivery titan paid $7.55 million last month for the land at 6678 Engle Road, according to public records. The property sits just north of UPS’s Middleburg Heights small-package hub, located on Englewood Drive, and a stone’s throw from international freight operations and other UPS facilities.

A spokeswoman said the company doesn’t have a project planned for the site.