United Parcel Stock Price, News & Analysis

UPS (NYSE: UPS) has declared its regular quarterly dividend of $1.64 per share on all outstanding Class A and Class B shares. The dividend will be paid on March 6, 2025, to shareholders of record as of February 18, 2025.

The company emphasizes that dividend commitment is a core principle and reflects its financial strength. Notably, UPS has maintained or increased its dividend consistently since its public listing in 1999.

UPS reported Q4 2024 consolidated revenues of $25.3 billion, a 1.5% increase from Q4 2023, with operating profit up 18.1% to $2.9 billion. Diluted EPS reached $2.01, while non-GAAP adjusted diluted EPS was $2.75, up 11.3% year-over-year.

The U.S. Domestic segment saw revenue increase 2.2% to $17.3B, while International segment revenue grew 6.9% to $4.9B. Supply Chain Solutions revenue declined 9.1% to $3.1B due to the Coyote divestiture.

For full-year 2024, UPS achieved revenue of $91.1B with operating profit of $8.5B. The company announced strategic changes including reducing volume with its largest customer by over 50% by H2 2026, insourcing UPS SurePost, and launching efficiency initiatives targeting $1.0B in savings. For 2025, UPS projects revenue of approximately $89.0B with an operating margin of 10.8%.

UPS announced it will release its fourth-quarter 2024 financial results on January 30, 2025, at approximately 6:00 a.m. Eastern Time. The company will host an investor conference call at 8:30 a.m. ET, led by CEO Carol Tomé and CFO Brian Dykes, to discuss the quarterly performance. The call will be accessible to the public through a live webcast on the company's investor relations website. The webcast recording will remain available for a time after the call.

UPS (NYSE: UPS) has completed the acquisition of Frigo-Trans and its sister company BPL, expanding its healthcare logistics capabilities in Europe. The acquisitions strengthen UPS Healthcare's ability to provide end-to-end temperature-controlled solutions to healthcare customers globally.

Frigo-Trans brings a comprehensive network of temperature-controlled warehousing facilities, ranging from cryopreservation at -196°C to ambient temperatures of +15° to +25°C, along with Pan-European cold chain transportation services. BPL contributes its time-critical freight forwarding expertise, enhancing UPS's healthcare logistics solutions portfolio in Europe.

UPS has declared its regular quarterly dividend of $1.63 per share for both Class A and Class B shares. The dividend will be paid on December 5, 2024, to shareholders of record as of November 18, 2024. The company emphasizes its commitment to dividends as a core principle and indicator of financial strength, noting that it has maintained or increased its dividend annually since its 1999 IPO.

UPS reported strong Q3 2024 results with consolidated revenues of $22.2 billion, up 5.6% year-over-year. The company achieved consolidated operating profit of $2.0 billion, representing a 47.8% increase from Q3 2023. Diluted earnings per share reached $1.80, with non-GAAP adjusted EPS at $1.76, up 12.1% from the previous year. The U.S. Domestic segment saw a 5.8% revenue increase driven by higher volume, while International segment revenue grew 3.4%. Supply Chain Solutions revenue rose 8.0%. UPS updated its 2024 guidance, expecting consolidated revenue of approximately $91.1 billion and lifted its non-GAAP adjusted operating margin expectation to about 9.6%.

UPS (NYSE:UPS) has announced that it will release its third-quarter 2024 financial results on Thursday, October 24, 2024, at approximately 6:00 a.m. Eastern Time. Following the release, UPS Chief Executive Officer Carol Tomé and Chief Financial Officer Brian Dykes will host an investor conference call at 8:30 a.m. ET to discuss the results.

The call will be accessible to the public via a live webcast on the UPS Investor Relations website. Interested parties can listen to the webcast by visiting https://www.investors.ups.com and clicking on 'Webcast'. The audio of the webcast will remain available on the website for a time after the call concludes.

UPS has announced its agreement to acquire Frigo-Trans and BPL, leading healthcare logistics providers in Germany, to enhance its end-to-end temperature-controlled logistics capabilities across Europe. This acquisition aligns with UPS's strategy to become the top complex healthcare logistics provider globally, addressing the increasing demand for integrated cold and frozen supply chains in the pharmaceutical industry.

Frigo-Trans offers a comprehensive network including temperature-controlled warehousing covering six zones from cryopreservation (-196°C) to ambient (+15° to +25°C), a Pan-European cold chain transportation solution, and time-critical freight forwarding capabilities. The transaction is expected to close in Q1 2025, subject to regulatory approvals. Financial terms were not disclosed.

A Roadie survey reveals that 36.7% of retailers restrict oversized item delivery despite growing demand. Nearly half of respondents say oversized items make up over 20% of their sales. Key challenges include early cut-off times (47%) and managing multiple carriers (45%).

The study highlights the need for flexible delivery solutions for big and bulky items. Slow delivery speed (49%) is the top reason for cart abandonment, followed by lack of flexible delivery windows (45%) and inability to bring items into homes (44%).

Roadie introduced RoadieXD™, a nationwide cross-dock network enabling same-day delivery for large items. Companies outsourcing these services have seen a 62% increase in productivity. Benefits of partnering with oversized delivery providers include increased sales (63%), improved customer experience (57%), and enhanced distribution efficiency (46%).