Baird downgraded United Parcel Service Inc (NYSE:UPS) to "Neutral" on the rising impact of Amazon’s planned volume reduction, which introduces a multi-year challenge for the shipping giant.
The global Dropshipping Market is projected to expand from an estimated USD 279.8 million in 2024 to USD 1,870.0 million by 2033, reflecting a significant Compound Annual Growth Rate (CAGR) of 23.50%.
The global import-export industry has evolved rapidly driven by advancements in technology changing trade policies and shifting supply chain dynamics Businesses that adapt to these changes are better ...
In the fourth quarter, UPS brought in $25.3 billion, a 1.5% rise over last year. Operating profit increased 11.2% to $3.1 billion; adjusted profits per share came in at $2.75, above consensus ...
United Parcel Services is going to do a lot less business with its biggest customer, Amazon.com. UPS on Thursday projected a decline in revenue for the current year, with a key factor being plans to ...