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United Parcel Service, Inc. - UPS STOCK NEWS

Welcome to our dedicated news page for United Parcel Service (Ticker: UPS), a resource for investors and traders seeking the latest updates and insights on United Parcel Service.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect United Parcel Service's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of United Parcel Service's position in the market.

Rhea-AI Summary
UPS (NYSE:UPS) will announce its 2024 first-quarter results on April 23, 2024. CEO Carol Tomé and CFO Brian Newman will lead an investor conference call to discuss the results. The call will be open to the public via a live webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.2%
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Rhea-AI Summary
UPS secures a major air cargo contract from USPS, becoming their primary air cargo provider, enhancing their existing relationship. The agreement promises to streamline USPS air cargo operations in the US.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.68%
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partnership
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Rhea-AI Summary
UPS to host investor conference to discuss growth and productivity initiatives, setting three-year financial targets. The company aims to become a leading small package provider globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.16%
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none
Rhea-AI Summary
Toyota Motor Corporation (TM) plans to invest $1.3 billion in expanding electric vehicle production in Kentucky, amidst a backdrop of $13.75 billion worth of Industrial Manufacturing projects.
Rhea-AI Impact
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-0.95%
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Rhea-AI Summary
UPS (NYSE: UPS) has announced the launch of Saturday residential delivery in Canada, making it the first integrated carrier to offer this service as a general offering for all customers. The service is currently available in the Greater Toronto Area (GTA) and will be expanded to Montreal, Laval, Calgary, and Greater Vancouver by March. This new service provides Canadian and U.S. shippers with Saturday residential delivery in Canada at no extra cost, aiming to better serve their customers. UPS is the first global small package carrier in Canada to provide committed Saturday ground residential delivery of shipments from the U.S. and within Canada at no additional cost. The move is expected to help businesses meet customer expectations for timely, convenient deliveries and attract consumers who want their deliveries sooner. According to an Angus Reid Canadian poll, 51 percent of Canadians expect online purchases to be delivered within 1-2 days, even over the weekend, and 74 percent agree it's important that delivery services operate on weekdays and weekends.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.92%
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Rhea-AI Summary
UPS announced a 7.8% decrease in consolidated revenues to $24.9 billion in Q4 2023 compared to the same period in 2022. Diluted EPS was $1.87, adjusted diluted EPS was $2.47, and the company declared a quarterly dividend of $1.63 per share. Operating profit decreased by 22.5% compared to Q4 2022. The U.S. Domestic Segment's revenue decreased by 7.3%, the International Segment's revenue decreased by 6.9%, and the Supply Chain Solutions revenue decreased by 11.4%. For the full year 2023, UPS reported a 9.3% decrease in revenue to $91.0 billion, a 28.7% decrease in adjusted operating profit to $9.9 billion, and a diluted EPS of $7.80. UPS returned $7.6 billion to shareholders through dividends and share buybacks. The company expects revenue to range from approximately $92.0 billion to $94.5 billion and consolidated adjusted operating margin to range from approximately 10.0% to 10.6% for the full year 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.2%
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Rhea-AI Summary
UPS (NYSE:UPS) is set to announce its 2023 fourth-quarter results on January 30, 2024. The investor conference call will be led by CEO Carol Tomé and CFO Brian Newman, and will be open to the public via a live webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.5%
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Rhea-AI Summary
UPS (NYSE: UPS) introduces the UPS Supply Chain Symphony™ platform, a new tool that integrates various supply chain components into a single platform, empowering customers to operate more efficiently, gain better visibility, and make strategic decisions. This cloud-based Software as a Service (SaaS) solution offers improved customer service, collaboration, asset utilization, and forecasting accuracy. It also integrates previously stand-alone UPS tools, including shipping services, logistics and distribution, freight forwarding, customs brokerage, supplier management, urgent transportation, mailing services, and logistics services through vetted carriers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.79%
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Rhea-AI Summary
Quad-C Management, Inc. has closed the sale of its investment in MNX Global Logistics to UPS. MNX is a U.S.-based global time critical logistics provider specializing in life sciences, medical device, healthcare shipments, and mission-critical parts. Quad-C's investment in MNX exemplifies their history of partnering with market leaders in the transportation and logistics sector. The transaction terms were not disclosed.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.41%
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Rhea-AI Summary
UPS (NYSE: UPS) has announced its regular quarterly dividend of $1.62 per share on all outstanding Class A and Class B shares. The dividend will be payable on November 30, 2023, to shareowners of record on November 13, 2023. UPS has consistently maintained or increased its dividend each year since going public in 1999.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.57%
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dividends
United Parcel Service, Inc.

NYSE:UPS

UPS Rankings

UPS Stock Data

127.13B
726.72M
0.01%
72.23%
1.22%
Couriers and Express Delivery Services
Transportation and Warehousing
Link
US
Atlanta

About UPS

United Parcel Service is an American multinational shipping & receiving and supply chain management company founded in 1907. Originally known as the American Messenger Company specializing in telegraphs, UPS has grown to become a Fortune 500 company and one of the worlds largest shipping couriers.