UPS - United Parcel Service, Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
117.07
-1.47 (-1.24%)
As of 3:02PM EST. Market open.
Stock chart is not supported by your current browser
Previous Close118.14
Open118.54
Bid117.07 x 1300
Ask117.09 x 1200
Day's Range116.77 - 118.54
52 Week Range89.89 - 125.31
Volume1782917
Avg. Volume2,807,795
Market Cap100B
Beta (3Y Monthly)1.22
PE Ratio (TTM)20.36
EPS (TTM)5.75
Earnings DateJan 29, 2020 - Feb 3, 2020
Forward Dividend & Yield3.84 (3.25%)
Ex-Dividend Date2019-11-15
1y Target Est125.63
  • UPS is at risk as shrinking delivery times and smaller packages disrupt business model
    MarketWatch

    UPS is at risk as shrinking delivery times and smaller packages disrupt business model

    United Parcel Services Inc. stock slid Wednesday, after BMO downgraded the stock and said the rise of e-commerce is disrupting the delivery business as more parcels go to residential addresses than businesses, squeezing profit for the incumbents.

  • Reuters

    Amazon van drivers' on-time delivery rate falls during Cyber Week

    Amazon.com Inc van drivers' on-time delivery rate fell to 93.7% for the Cyber Monday week from 98.2% during the Thanksgiving week, consulting firm ShipMatrix said on Wednesday. Amazon did not immediately comment on the holiday performance of the van delivery drivers, who exclusively deliver merchandise from the e-commerce giant to customer homes. Data for United Parcel Service Inc, FedEx Corp and the U.S. Postal Service was not immediately available.

  • MarketWatch

    UPS stock slides about 1% after BMO downgrades on concerns about U.S.

    United Parcel Service Inc.'s shares fell about 1% in premarket trade Wednesday, after BMO downgraded the stock to market perform from outperform. "While we believe that UPS may be able to deliver positive operating leverage (excluding the impact of pension) in the near-term as a result of strong volumes and efficiency gains from past/ongoing productivity investments, we're not convinced a positive trend in operating margins in U.S. domestic operations can be sustained over the medium-term given a significant projected rise in B2C volumes," analyst Fadi Chamoun wrote in a note to clients. Other issues affecting the valuation include capital intensity and free cash flow, where Chamoun sees limited room for improvement. Shares have gained about 22% in 2019, while the S&P 500 has gained 25%.

  • Investing.com

    UPS Drops as Analyst Questions Margins

    Investing.com - UPS slipped Wednesday following an analyst downgrade that raised questions about future margins.

  • CNW Group

    UPS Expands Global Footprint of International Express Services

    MISSISSAUGA, ON , Dec. 11, 2019 /CNW/ - UPS (UPS) today announced an expansion across 40 countries of its UPS Worldwide Express and UPS Express Plus, part of the UPS international suite of shipping services that guarantees time- and day-definite delivery for urgent shipments. UPS express services are now available to businesses across 140 countries and territories, reaching the top 20 countries by GDP with morning delivery.

  • United Parcel Service (UPS) Gains As Market Dips: What You Should Know
    Zacks

    United Parcel Service (UPS) Gains As Market Dips: What You Should Know

    United Parcel Service (UPS) closed at $118.54 in the latest trading session, marking a +0.34% move from the prior day.

  • The year in incentives: The projects getting public money in 2019 — and into 2020
    American City Business Journals

    The year in incentives: The projects getting public money in 2019 — and into 2020

    Economic momentum nationwide continued through 2019, leading to a developer frenzy — with city officials stepping up to offer help for a number of projects. A $36 million deal to incentivize the development of the unfinished Berkman II fell through. Deals in effect Three financial technology companies secured incentive deals in 2019: Fidelity National Information Services Inc., SS&C Technologies Inc. and SoFi Lending Corp. FIS (NYSE: FIS) was the biggest winner of the three, securing $30 million to build a $145 million headquarters in Brooklyn.

  • GlobeNewswire

    UPS Delivers Expo 2020 Dubai’s Largest Shipment Ahead Of “World’s Greatest Show”

    DUBAI, Dec. 10, 2019 -- UPS, Expo 2020’s Official Logistics Partner, delivers three iconic carbon-fiber entry portals for expected 25 million visits from 192 countries The.

  • GlobeNewswire

    UPS Expands Global Footprint Of International Express Services

    UPS (UPS) today announced an expansion across 40 countries of its UPS Worldwide Express and UPS Express Plus, part of the UPS international suite of shipping services that guarantees time- and day-definite delivery for urgent shipments. UPS express services are now available to businesses across 140 countries and territories, reaching the top 20 countries by GDP with morning delivery.

  • Benzinga

    FMCSA Rejects UPS Driver Training Exemption Request

    Federal regulators have denied a petition by UPS Inc (NYSE: UPS) to be exempted from two requirements of the entry-level driver training (ELDT) final rule after finding the company failed to make a valid safety case for its request. In its petition filed earlier this year, UPS contended that its own well-established training program effectively trains drivers, but if forced to comply with the rule's specific instructor qualification requirements it would be unable to use at least 25% of its current certified driver instructors, thereby limiting its ability to meet the demand for new drivers. The company also asked for a five-year exemption from a requirement that every training location be registered separately under the program's Training Provider Registry, claiming it would place a "significant administrative burden" on its in-house training if it were required to register as many as 1,800 UPS locations where a new driver could be trained.

  • Benzinga

    UK's East Midlands Airport Eyes Direct China Cargo Operations

    Officials at East Midlands Airport (EMA), which is second only to London Heathrow in terms of annual cargo volume among U.K. airports, announced that  preliminary talks are ongoing with counterparts at Chongqing Jiangbei International Airport in southwest China and Sichuan Province officials aimed at starting direct cargo flights between the two airports. EMA has not yet pitched carriers to start China service, spokesman Ioan Reed-Aspley said. The airport is the U.K.'s largest dedicated air cargo operation, handling 368,000 tons of freight yearly valued at £11 billion ($14.5 billion), of which involves movements between non-European countries.

  • The Wrong Way to Fight Porch Pirates
    Bloomberg

    The Wrong Way to Fight Porch Pirates

    (Bloomberg Opinion) -- One consequence of America’s Cyber Monday shopping binge is the imminent arrival of $9.4 billion worth of merchandise on the nation’s doorsteps. And that will cue the annual cries of frustration about porch pirates — along with a raft of local news stories on how to evade them, and a few viral tales of consumers attempting to spook them with booby-trapped packages or glitter bombs.The fixation on thwarting porch pirates is understandable. (I, for one, will confess to being irrationally angry recently when a $27 baby onesie was swiped from my front stoop.) But it is also a flawed way of thinking about a legitimate and persistent problem with e-commerce.The problem is not just theft. It is that shipping giants such as United Parcel Service Inc. and FedEx Corp., as well as big retailers, are not moving fast enough to make delivery of online orders more flexible and to turn over more control to shoppers.Consumers and neighborhood associations should spend less time trying to answer the question, “How can we create a world where expensive goods can sit on my doorstep for hours and not get stolen?” Instead, they should be asking, “How can we make it so that expensive goods are not left on my doorstep in the first place?”UPS and FedEx, to be fair, have made strides toward giving customers more options. Each has a network of thousands of access points where shoppers can pick up packages, including at ubiquitous stores such as Dollar General or CVS Pharmacy. Both shippers have apps that allow residents to provide delivery instructions for a driver.Retailers, too, are getting more creative. Amazon.com Inc. now offers the option of choosing a single day each week for all of your recent orders to arrive, making it easier to ensure you’ll be home when your haul is delivered. And both Amazon and Walmart Inc. are piloting services that rely on smart-home technology that allows a driver one-time, secure access to your home.Surely such a service, or some variation of it, will become commonplace within a decade. (After all, there was once a time when it was creepy to get in a stranger’s car, but thanks to Uber and Lyft that’s now ordinary.) For now, though, the choices for consumers are underwhelming or confusing — or, in some cases, both.For example, UPS and FedEx both trumpet the convenience of letting you reroute an in-progress shipment to an access point. But online shoppers aren’t able to fully take advantage because retailers can put restrictions on packages preventing the recipient from redirecting them. This is likely a well-intentioned anti-fraud tactic, but it means access points aren’t the reliable solution they’re cracked up to be.And retailers aren’t always great at steering customers toward desirable secure options. Amazon, for example, routinely tries to nudge me at checkout to try a pickup point that is a 30-minute drive from my home, even though there is a Whole Foods Market with Amazon lockers in walking distance.But there are bigger ideas that could do even more to ensure package security. What if UPS or FedEx were to more routinely provide narrower time windows for drop-offs, or to allocate more workers for nighttime deliveries when nine-to-fivers are likely to be at home? What if retailers allowed customers to choose their shipping provider at checkout, which might force shippers to compete for their loyalty?Such changes would further complicate the “last-mile” delivery challenges the industry has been addressing for decades, and would likely add costs. But these are the same logistics experts and retailers that were able to make speedy two-day delivery standard.  It’s not unreasonable to expect them to innovate their way to giving shoppers more choice.Even if it’s difficult, improved delivery flexibility is a far better remedy for porch piracy than other headline-grabbing approaches. Police departments have experimented with planting bait packages on doorsteps that are outfitted with GPS trackers, potentially allowing them to catch individual thieves. Texas has a new law on the books that makes package theft punishable by up to 10 years in prison.Never mind that there are already laws against theft. These kinds of punitive measures are not useless, but they are likely to be helpful only in a limited area for a limited period of time.The more productive approach is to focus on reducing the unsecured supply of porch treasures. And no one is better equipped to attack that problem than the retailers and shippers. So shoppers should raise their expectations of these companies and demand that they do more.To contact the author of this story: Sarah Halzack at shalzack@bloomberg.netTo contact the editor responsible for this story: Michael Newman at mnewman43@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Sarah Halzack is a Bloomberg Opinion columnist covering the consumer and retail industries. She was previously a national retail reporter for the Washington Post.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Reuters

    Four people killed in failed robbery shootout in Florida

    Four people died in a shootout following the theft of a United Parcel Service Inc truck and an attempted jewelry store robbery in a Miami suburb, the FBI and police said late on Thursday. The incident began with an attempted robbery of a jewelry store in the Miami suburb of Coral Gables, in the city's famed "Miracle Mile" shopping district about 4:15 p.m. The shop owner confronted the robbers with a gun.

  • Investopedia

    Seasonal Hiring Companies Fail to Impress

    Market MovesStocks closed slightly higher in a trading session that featured slightly more selling than buying. The S&P 500 (SPX) and Nasdaq 100 (NDX) closed with a two-tenths percent increase, while the Dow Jones Industrial Average (DJX) and the Russell 2000 (RUT) managed half that amount.

  • The Zacks Analyst Blog Highlights: TOTAL, Broadcom, United Parcel Service, Deere and HP
    Zacks

    The Zacks Analyst Blog Highlights: TOTAL, Broadcom, United Parcel Service, Deere and HP

    The Zacks Analyst Blog Highlights: TOTAL, Broadcom, United Parcel Service, Deere and HP

  • Benzinga

    UPS Truck Drivers In UK Threaten Strike At Big Retailer's DC

    Customers of retailer Argos, which operates in the U.K. and Ireland, could face disappointment during the Christmas season after staff at one of the retailer's distribution centers voted to strike in a long-running row over pay. Argos is a major player in the retail sector with more than 883 retail shops, 29 million shop customers yearly and nearly 1 billion online visitors annually. Yard and highway drivers employed by UPS Inc (NYSE: UPS) at Argos' flagship distribution center at Barton in Staffordshire, England, have scheduled a 15-day strike following a 10-month wage dispute, according to a Dec. 3 announcement from trade union Unite.

  • Top Analyst Reports for TOTAL, Broadcom & United Parcel Service
    Zacks

    Top Analyst Reports for TOTAL, Broadcom & United Parcel Service

    Top Analyst Reports for TOTAL, Broadcom & United Parcel Service

  • GlobeNewswire

    UPS Honors Veterans With Support Of Wreaths Across America

    As part of its ongoing recognition and support of veterans, UPS (UPS) has announced it will be joining with non-profit organization Wreaths Across America to support the week-long journey culminating in a wreath-laying event at Arlington National Cemetery on December 14th. This year, the Wreaths Across America convoy will be delivering 50,000 of the quarter of a million wreaths that will be placed at Arlington National Cemetery on Wreaths Across America Day, with public events at schools and veterans’ locations along the way in Maine, Massachusetts, Connecticut, New Jersey, Delaware, Maryland and Washington D.C. The Wreaths Across America Honor Trailer created by Contract Leasing Corp. will be filled with wreaths and pulled by a vehicle and driver provided by UPS®, this year’s trailer sponsor.

  • American City Business Journals

    UPS at peak season — by the numbers (PHOTOS)

    Take an inside look at the largest package handling facility in the world during its busiest season.

  • UPS promotes Marken CEO to lead new Healthcare and Life Sciences unit
    American City Business Journals

    UPS promotes Marken CEO to lead new Healthcare and Life Sciences unit

    UPS tapped a leader to oversee the company's new health-care unit that's aimed at pharmaceutical, biopharma and medical device companies.

  • At the Cutting Edge of the Governance Risk and Compliance (GRC) Sector – Leveraging Compliance Data to Drive Business Value
    CorpGov.com

    At the Cutting Edge of the Governance Risk and Compliance (GRC) Sector – Leveraging Compliance Data to Drive Business Value

    By Nari Ansari, General Partner and Gal Peleg, Vice President at TCV Compliance seems to divide enterprises into three categories: Those that primarily publicize it as proof of “good governance,” those that actually push the boundaries far enough to bring consequences, and everyone else with their heads down, trying to address whatever regulatory standards govern […]

  • Wes Wheeler Appointed to Lead UPS Healthcare and Life Sciences Unit
    PR Newswire

    Wes Wheeler Appointed to Lead UPS Healthcare and Life Sciences Unit

    UPS (NYSE:UPS) today announced Wes Wheeler, currently CEO of Marken, a wholly-owned subsidiary of UPS, is appointed President of UPS's global Healthcare and Life Sciences (HCLS) unit. The move is effective immediately. UPS announced in October plans to align all of its healthcare and life sciences operations and commercial groups within a single UPS HCLS unit.

  • American City Business Journals

    UPS eyes precision logistics for health-care push

    UPS will reportedly debut "early next year" its real-time tracking service of medical packages that uses a combination of high-powered sensors that interact with Bluetooth, cellular and Wi-Fi technologies, and data analytics.

  • Amazon Tests Cheap Warehouses to Make Cyber Monday Snafu-Free
    Bloomberg

    Amazon Tests Cheap Warehouses to Make Cyber Monday Snafu-Free

    (Bloomberg) -- Amazon.com Inc.  is gearing up for the online holiday shopping season—super-charged on Cyber Monday—by fine-tuning its sprawling delivery network to ensure orders get to customers on time. To that end, the company is testing a new inventory storage service to help meet holiday demand and its next-day shipping pledge without overcrowding its warehouses or running out of products.The new service, Amazon Storage and Replenishment, lets its merchants stage inventory close to Amazon’s delivery operation so products can be quickly replenished, according to documents reviewed by Bloomberg. Amazon is trying out the program in Ontario, California, about 20 miles from its closest facilities and has plans to expand the program to other locations around the country, according to the documents.Having spent billions of dollars building a sophisticated network of highly automated warehouses that use robots, conveyor belts and thousands of people to quickly pack and ship products, the company is now turning to a decidedly 20th-Century innovation: cheap warehouse space.Amazon has capacity challenges during the holidays, including Cyber Monday when U.S. shoppers are expected to spend a record $9.4 billion online. Amazon shares warehouse space with merchants that sell their products on its marketplace, and the company has already jacked up its storage fees during peak season to discourage those partners from cluttering facilities with too many products. But that presents the risk of merchants being overly cautious and Amazon losing sales when items run out. It can also frustrate Amazon’s merchant partners when they get stuck with a big bill to stow products that aren't selling. The new service seeks to solve both problems: declutter expensive facilities while having backup inventory close by.“Amazon is trying to figure out how to provide a logistics service merchants will pay for and not end up with warehouses full of items no one is buying,” says Juozas Kaziukenas, founder of New York e-commerce research firm Marketplace Pulse. “Many sellers are inexperienced in handling this and lose serious money on fees.”The service is the latest effort by Amazon to reach further up the supply chain to control the flow of goods from factories where products are made to customers' homes. By taking more control of logistics, Amazon feels it is less susceptible to the costly delivery snafus it faced in the U.S. in 2013 and two years later in the U.K.Amazon is becoming less of an online retailer and more of a platform and delivery pipeline for online commerce. More than half of all goods sold on the company’s site come from independent merchants who pay commissions on each sale. Amazon keeps examining every leg of the supply chain for ways to make buying something online as fast and affordable as a quick trip to the store.Amazon declined to comment.For Amazon, every holiday represents a race to find new capacity. U.S. shoppers will spend $135 billion online in November and December, representing 13.4% of all holiday sales, up from 12.3% a year ago, according to EMarketer. The shopping season is also shorter this year with six fewer days between Thanksgiving and Christmas than last year.Amazon invited merchants who use Fulfillment By Amazon, its logistics service, to try the new storage and replenishment program this year. For now, the service prohibits shoes and apparel, perishables and hazardous materials.Most attention on Amazon's logistics ambitions to date have focused on the “last mile” delivery of packages to customers' homes. Amazon has historically used United Parcel Service, the U.S. Postal Service and FedEx to make deliveries. But it has been expanding its capabilities by creating a network of independent service partners who start their own businesses and hire drivers dedicated to making Amazon deliveries. Amazon also has an Uber-type program called Flex that lets independent contractors make Amazon deliveries in their own vehicles.The new storage experiment shows Amazon trying to control the “middle mile,” a critical stage of logistics connecting factories and ports with stores and shoppers’ homes. As Amazon and other retailers seek to shorten delivery times, the middle mile has to be reconfigured with more inventory stored closer to shoppers. Two-day delivery to most of the U.S. population can be achieved with only four shipping hubs while next-day delivery to the same group requires about 16 hubs, according to logistics experts.Amazon’s push for next-day delivery is costing more than the company expected, tempering the expectations of investors who had become accustomed to Amazon delivering bigger profits. The cheap storage experiment is a way for Amazon to make the most of its existing facilities while it continues to invest in next-day delivery, said Michael Levine, analyst at Pivotal Research Group.“Amazon has not done a big fulfillment center buildout in 18 months,” he says. “This feels like another way to solve the same capacity problem.”The ultimate goal is a future where buying something online is as fast and affordable as a quick jaunt to the store—even during the holiday season rush.To contact the author of this story: Spencer Soper in Seattle at ssoper@bloomberg.netTo contact the editor responsible for this story: Robin Ajello at rajello@bloomberg.net, Andrew PollackFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.