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Donald Broughton, Broughton Capital, discusses UPS' downfalls as the company warns customers of delivery delays just before Christmas.
CNBC's Morgan Brennan reports United Parcel Service is struggling to keep pace in some areas of the country this holiday season.
Shares of United Parcel Service (UPS) are lower Monday, as Morgan Stanley wars that it might be falling behind in the holiday rush again. Analyst Ravi Shanker and his team reiterated an Underweight rating and $79 price target on the stock today, on the heels of last week's article from The Wall Street Journal that reported UPS customers could see delivery delays. From the note: AlphaWise sentiment analysis shows a seasonal uptick in search and stress at this time of the year but we have seen a sharper than usual uptick in UPS in the past week (implying increase in negative sentiment) while FDX is similar to normal seasonal patterns.
The United Parcel Service Inc. (UPS) is nearly finished with its fourth year of heart-ringing promotions that launch each holiday season, as part of its Wishes Delivered marketing campaign. “I would say that it should make you do something -- It should make you feel something," said Brian Pember, UPS' director of customer communications. The Atlanta-based logistics giant says it has had success with the Wishes Delivered campaign, starting three years ago with a Colorado Springs boy named Carson who had heart-warming relationship with his UPS driver, Mr. Ernie.
C.H. Robinson (CHRW) buoys optimism with the latest dividend hike to reward stockholders. The company has an impressive track record of consistent dividend payments for more than 25 years.
If you are interested in cashing in on CH Robinson Worldwide Inc’s (NASDAQ:CHRW) upcoming dividend of $0.46 per share, you only have 3 days left to buy the shares beforeRead More...
NEW YORK (AP) — New York collects sales tax on even the smallest items, but it probably won't collect a cent on a nearly half-billion dollar painting by Leonardo da Vinci.
More than 100,000 trucks were needed to transport materials to Houston for the Super Bowl hosted there in February. One of the company’s clients is Gatorade, the PepsiCo-owned sports beverage brand, said Chris O’Brien, chief commercial officer at C.H. Robinson. The company is helping Gatorade deliver its beverages to U.S. Bank Stadium, practice facilities in the Twin Cities for the two teams playing in the game, hotels and venues that will serve the drinks, and places were Gatorade will set up promotional exhibits for marketing purposes.
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to C.H. Robinson Worldwide, Inc. Here are 5 ETFs with the largest exposure to CHRW-US. Comparing the performance and risk of C.H. Robinson Worldwide, Inc. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower ... Read more (Read more...)
A Relative Strength Rating upgrade for CH Robinson Worldwide shows improving technical performance.
SEATTLE/CHICAGO (Reuters) - Wal-Mart Stores Inc said on Wednesday that soaring online purchases have caused delays in its distribution network, reflecting the challenge retailers and delivery services face in handling strong peak-season ecommerce demand. "The week of Thanksgiving is an incredibly busy time for all of retail," "With massive volume going through our system, there were some orders that took extra time, much like other major e-commerce sites," Wal-Mart spokeswoman Danit Marquardt said of the week of Thanksgiving. The backlog reflects the degree to which Wal-Mart, United Parcel Service and other companies struggled to handle peak ecommerce volumes despite months of preparation and major investments to expand and upgrade distribution facilities.
United Parcel Service, Inc. (NYSE:UPS) is warning customers that there may be a delay on their orders.Source: Mike Mozart Via Flickr
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It might take a little longer to get your e-commerce orders this holiday season. Atlanta-based UPS has added one to two days to delivery times on an unspecified number of deliveries following record sales on Cyber Monday, a spokesman told The Wall Street Journal . The WSJ article quoted UPS spokesman Steve Gaut that the company was taking steps to address the surge in e-commerce orders.
UPS has warned both retailers and the shopping public that it may not have enough trucks and delivery people to make all delivery dates.