After United Parcel Service missed earnings estimates for two consecutive fourth quarters, investors would be entitled to feel a bit concerned about the company’s direction. It’s fair to say UPS’ execution has not been what investors have hoped for, but that doesn’t mean the stock isn’t worth buying. On the contrary, there are many reasons to feel positive about the stock, and the recent dip could prove an excellent entry point.
UPS (NYSE:UPS) today announced the induction of 1,445 drivers into its elite “Circle of Honor,” raising to 7,878 the number of drivers who have not had an avoidable accident for 25 years or more.
“Maintaining safe highways and roads is our highest priority, so I commend any person who achieves this milestone of 25 years or more crash-free, creating safer driving conditions for us all,” said U.S. Department of Transportation Secretary Anthony Foxx.
I am one of the lucky media men who got to experience “the brown ride,” courtesy of the United Parcel Service Inc. (UPS), a courier service company operating in 220 countries and territories worldwide.
Suited from top to bottom in the brown uniform UPS delivery personnel are known throughout the world added thrill to the actual delivery of packages in the Metro Manila area.
110 Million Flowers Flow through UPS Global Logistics Network
Business is blooming leading up to Valentine’s Day. To get flowers, steaks, sweets and gifts to businesses and consumers by Feb. 14th it takes a global logistics network helping Cupid.
Higher spending to gear up for the crush of holiday-package deliveries pushed fourth-quarter profit down 61 percent at UPS and the company gave a tepid outlook for 2015.
The results were roughly in line with the lowered expectations that UPS set two weeks ago, when it warned that profits during the latter part of the year would disappoint.
CEO David Abney said Tuesday that the company will control costs and raise prices this year, including surcharges for residential deliveries on peak days. UPS is sticking to its long-term targets for higher earnings, he said.