|Bid||110.49 x 1400|
|Ask||112.12 x 1400|
|Day's range||110.81 - 112.63|
|52-week range||101.45 - 135.53|
|PE ratio (TTM)||19.24|
|Earnings date||25 Jul 2018|
|Forward dividend & yield||3.64 (3.35%)|
|1y target est||124.71|
UPS (UPS) today said it has begun a pilot with Latch smart access devices to enable in-building deliveries to multi-unit homes in New York City, providing increased security and convenience for residents who are not at home to receive packages. Latch’s smart access devices enable UPS drivers to provide more reliable customer service and complete more deliveries on the first attempt.
United Parcel Service Inc., of Atlanta, has begun a pilot program with the smart-access provider Latch to give UPS drivers keyless entry to building lobbies and package rooms in parts of New York City. The program, starting in Manhattan and Brooklyn, will help drivers complete more deliveries on the first attempt. For every building to which they are making a delivery, they get a unique credential on a handheld device, UPS said Tuesday.
ATLANTA, July 16, 2018-- UPS will announce its 2018 second-quarter results on Wednesday, July 25, 2018, at approximately 7 a.m. At 8:30 a.m. ET, UPS Chairman and Chief Executive Officer David Abney and ...
SAN DIEGO, July 16, 2018-- The UPS Store, Inc. and Inc. Magazine have announced the three finalists for the Small Biz Salute Pitch Off, a national competition that will reward one small business owner ...
Shares of FedEx (FDX) are falling on Monday, while United Parcel Service (UPS) is rising, as UBS's Thomas Wadewitz argues that investors should now buy the latter instead of the former. Wadewitz upgraded UPS to Buy from Neutral and raised his price target by $4, to $125, while he downgraded FedEx to Neutral from Buy and lowered his price target to $256 from $283. For UPS, he writes that a combination of cost and productivity improvements, along with a supportive sales backdrop, could boost margins in its domestic package business., and fuel stronger operating income growth next year.
The U.S. rail network congestion might weigh on Kansas City Southern's (KSU) Q2 earnings. Moreover, it is likely to generate low revenues at the Agriculture & Minerals and the Energy segments.
UPS today announced a tentative agreement for a new Master UPS Freight Agreement with the International Brotherhood of Teamsters. The five-year agreement, which is subject to ratification, covers about 11,000 Teamsters-represented UPS Freight employees. Strong progress has been made on many local small package agreements and supplements, including a handshake agreement covering more than 100,000 Teamster-represented UPS employees located in the Central Conference, the Southern Conference, and Oregon / Idaho, among others.
High operating expenses as well as low revenues at some of Canadian Pacific's (CP) segments are expected to ail its Q2 results.
CSX's efforts to improve operational efficiency via cost-reduction are expected to aid results in Q2. Additionally, the coal and intermodal segments are likely to perform well.
United Parcel Service Inc. and the Teamsters agreed to extend their current labor contract past its July 31 expiration to wrap up 38 supplemental accords with locals, the union said. The extension doesn’t have an end date, but negotiators expect to conclude all talks within two months, said Denis Taylor, co-chairman of the Teamsters National UPS Negotiating Committee. Company and union officials reached a tentative master agreement about three weeks ago.
The UPS Foundation, which leads the global citizenship programs for UPS (UPS), today announced it will award over $10 million in grants to advance diversity and inclusion programs this year. “We are honored to collaborate and fund organizations that drive measurable change around the world,” said Eduardo Martinez, president of The UPS Foundation and chief diversity and inclusion officer at UPS. “Advancing the diversity and inclusion movement is a cornerstone of our company’s values.
Bernstein's David Vernon checks in with logistics giants United Parcel Service (UPS) and FedEx (FDX) on Monday, writing that there's reason to keep the faith about both stocks. First, UPS: The company announced an agreement late last month with its Teamsters union, and while we have scant details on that ongoing negotiation, Vernon writes that we are getting more information about hybrid drivers, one of the bones of contention between the two parties. UPS and the Teamsters agreed to protect existing full-time package jobs and limit growth of hybrid drivers to 25% of the total number of full-time carriers, which Vernon writes is better than he hoped, and that Sunday delivery options are in the works for the future.
United Parcel Service Inc. would have more leeway to introduce Sunday deliveries under a preliminary agreement with the Teamsters union that creates a new class of drivers for weekend work. Creating the new category of drivers will also generate more full-time opportunities for current part-time employees, the Teamsters said in a statement Friday. “Our members know that they work in a changing industry, driven by e-commerce and the ‘Amazon effect,’ where consumers want fast delivery and weekend delivery,” Denis Taylor, director of the Teamsters Package Division and co-chairman of the Teamsters National UPS Negotiating Committee, said in the statement.
The program gives entrepreneurs, i.e. Amazon Delivery Service Providers (DSPs) a management fee to hire drivers, rather than Amazon doing it directly. Naturally, United Parcel Service (UPS) and FedEx (FDX) fell on the news, as investors fret about Amazon turning from blessing to curse for the delivery giants. Bernstein's David Vernon takes a look at the move Friday, writing that the DSP program is modeled on FedEx's Ground Independent Service Provider (ISP) model, and will require DSPs to hire employees, rather than contractors to reduce the risk of labor challenges.
NEW YORK, June 29, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Education ...
Today UPS® (UPS) officially opened a new 30,000-square-meter, advanced technology package sorting and delivery hub outside Paris in Corbeil-Essonnes/Évry. The French Minister of Transportation, Elisabeth Borne, the mayors of both Corbeil-Essonnes and Évry, and other dignitaries attended the opening ceremony.
29 analysts cover FedEx (FDX), according to Thomson Reuters. For the last four months, there haven’t been any changes in analysts’ views towards the global parcel delivery giant. In fact, after FedEx’s third-quarter earnings, analysts became more positive on FedEx as per Reuters’ data. 11 analysts have given the stock a “strong buy” recommendation. 14 analysts have given it a “buy” rating. Three analysts are recommending a “hold.” Only one analyst has a “strong sell” recommendation on FedEx’s common stock.
UPS, YouTube, Twitter and Tesla are the companies to watch.
UPS awaits approval of the provisional labor deal. In the event of a favorable voting outcome, the deal will be effective till Jul 31, 2023.
Months of collective bargaining have culminated in a tentative agreement for UPS (UPS) and the International Brotherhood of Teamsters. The five-year agreement, which is subject to ratification, covers Teamsters-represented UPS employees in small package roles. Negotiations continue on a number of supplemental agreements that cover local work rules as well as the separate agreement that covers about 11,000 Teamsters-represented employees in the UPS Freight® network.