UPS Invests $2 Billion to Boost Global Shipping Speed
UPS is investing more than $2 billion across Europe, Asia-Pacific and the Americas to improve delivery speed, reliability and customer control.
Read original at benzingaStocks · News reference
United Parcel Service (NYSE:UPS) is looking for FY2026 Adj EPS of $7.22 vs $7.11 analyst estimate. Raises FY2026 sales outlook from $89.700 billion to $91.200 billion vs $90.290 billion estimate.
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UPS is investing more than $2 billion across Europe, Asia-Pacific and the Americas to improve delivery speed, reliability and customer control.
Read original at benzingaUPS completed its 18-month reduction of Amazon volume, eliminating 2 million packages daily and $4.5 billion in expenses. Amazon absorbed most of this volume into its own delivery network, which now handles 6.7 billion U.S. parcels annually—making it the country's largest parcel carrier. However, Amazon's shipping costs surged 19% to $27.9 billion in Q2, outpacing its 15% online sales growth, reflecting the significant investment required to maintain its delivery infrastructure and fast shipping promises.
Read original at the-motley-foolUPS is reducing its Amazon-related shipping volume by over 50% through 2026, phasing out standard last-mile delivery services. While Amazon was UPS's largest customer, these shipments generated lower profits and clogged sorting facilities. UPS is pivoting toward higher-margin orders from small-to-medium businesses and healthcare customers. The company expects 3% revenue growth and 1% adjusted EPS growth in 2026, marking the first synchronized growth since 2022.
Read original at the-motley-fool