Category: UPS News

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it completely lacks a track record of revenue and profit. But as Warren Buffett has mused, ‘If you’ve been playing poker for half an hour and you still don’t know who the patsy is, you’re the patsy.’ When they buy such story stocks, investors are all too often the patsy.

If, on the other hand, you like companies that have revenue, and even earn profits, then you may well be interested in United Parcel Service (NYSE:UPS). While that doesn’t make the shares worth buying at any price, you can’t deny that successful capitalism requires profit, eventually. Conversely, a loss-making company is yet to prove itself with profit, and eventually the sweet milk of external capital may run sour.

How Quickly Is United Parcel Service Increasing Earnings Per Share?

If you believe that markets are even vaguely efficient, then over the long term you’d expect a company’s share price to follow its earnings per share (EPS). That means EPS growth is considered a real positive by most successful long-term investors. As a tree reaches steadily for the sky, United Parcel Service’s EPS has grown 33% each year, compound, over three years. If the company can sustain that sort of growth, we’d expect shareholders to come away winners.

Nick Dirla, a UPS driver from Bridgewater, received the Russ Berrie Making a Difference Award for his heroism in saving eight people’s lives during Hurricane Ida.

Dirla was chosen out of about 300 applicants and was awarded along with 10 others on May 9 at the ceremony at Ramapo College of New Jersey. Dirla received a $7,500 award for his heroism.

Russ Berrie has been honoring people in New Jersey who make a difference or have done a heroic act since 1997.

“Our communities need more heroes – good-hearted people with an innate kindness – who give all of who they are to tackle problems others hesitate to attempt, ” said Angelica Berrie, President, Russell Berrie Foundation. “From activists fighting injustice and systemic inequities, to neighbors helping neighbors struggling with basic needs, the remarkable individuals we honor this year have taken action to be the change we need to see in this world.”

A federal jury awarded a UPS driver $300,000 on Thursday for injuries he sustained in a 2019 loading incident caused by a negligent Norfolk Southern Railway employee. The incident, he claimed, nearly crushed him and resulted in $88,000 in medical bills.

The lawsuit alleged Raymond Riddick, of North Carolina, suffered nerve damage to his elbow and hand May 30, 2019, at Norfolk Southern’s Lambert’s Point location when a train wheel was dropped onto his UPS trailer by a Norfolk Southern employee operating a forklift.

During the incident, Riddick fell from the trailer, tearing tendons in his elbow, which required surgery, and injuring his hand. The rolling steel wheel, Riddick’s attorney said, was just feet away from crushing him.

The company transports parcels and cargo in more than 200 countries, making it a global leader in logistical operations. A UPS delivery carrier will typically make up to 135. An average UPS delivery vehicle can make roughly 135 stops in a day, which equates to roughly 175 stops in a 24-hour period of time.

In our current environment, most people depend heavily on UPS for practically all of their daily activities and needs, making their world a more comfortable one.

Thanks to UPS, one million additional kilometers and a barrel of gasoline are conserved each year. Consequently, UPS driver’s cars have considerably reduced their greenhouse gas emissions. ORION, UPS’s route planning software, incorporates artificial intelligence, an innovative system, and computer vision for more efficient UPS truck routes, saving the company millions of dollars per year in operational expenses.

UPS Inc. has established a new and higher “baseline” for package-delivery volumes in the wake of its performance since the COVID-19 pandemic took hold more than two years ago, rating agency Standard & Poor’s said Wednesday in upgrading UPS’ debt to an “A” rating from “A-minus.”

S&P’s global ratings unit said it expects UPS’ (NYSE: UPS) revenue growth to moderate to 4% a year in 2022 and 2023, below outsized growth rates of 14% to 15% in 2020 and 2021 as pandemic-related surges in online ordering led to unprecedented spikes in delivery volumes. The S&P unit said its top-line growth expectations for UPS will be driven more by pricing trends than by volume increases. Pricing stability, along with a focus on more price-inelastic small to midsize businesses, will allow UPS to grow at levels slightly above projected U.S. GDP growth through 2023 despite possible constraints to global volume growth over that time, the report said.

The volume growth in 2020 and 2021 has established a new benchmark in delivery activity, the unit said. A “permanent shift” to online fulfillment from brick-and-mortar shopping has taken place in the wake of the pandemic, the unit said.