United Parcel Service Inc - Class B

NYSE: UPS
Asset Type Stock
Exchange NYSE
Currency USD
Country USA
Sector ENERGY & TRANSPORTATION
Industry TRUCKING & COURIER SERVICES (NO AIR)
Address 55 GLENLAKE PARKWAY NE, ATLANTA, GA, US
Fiscal Year End December
Latest Quarter 12/31/2023
Market Cap 126,243.80M USD
Shares Outstanding 726,817,000
United Parcel Service, Inc. (UPS) is a global leader in package delivery, offering a wide range of services including transportation, distribution, and logistics. With a strong presence in both the United States and internationally, UPS specializes in the timely and reliable delivery of packages and freight. It provides express shipping, air and ocean freight forwarding, customs brokerage, and insurance services. UPS also offers comprehensive supply chain solutions, catering to various industries including healthcare and life sciences. Founded in 1907 and based in Atlanta, Georgia, UPS continues to be at the forefront of the logistics and transportation industry.
Comcast and Twitter were added to the BofA Securities US 1 list of high-conviction stock picks on Tuesday.
United Parcel Service released better than expected third-quarter results before the markets opened on Wednesday, but shares retreated.
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The USPS faces another hurdle in its efforts to remain solvent. A new change in international shipping rates goes into effect on July 1 that could lower the agency's revenues.