Subscribe to Premium
Subscribe to Premium

Comment / On the wires: UPS – A lean, mean cash machine. Or is it?

CCC
By

“Our results were better than we expected, driven in part by the changes in demand that emerged from the pandemic, including a surge in residential volume, Covid-19 related healthcare shipments and strong outbound demand from Asia. UPSers are keeping the world moving during this time of need (…)” – Carol Tomé, UPS chief executive officer, PR, 30 July 2020, Q2 ’20 update.

The UPS bulls could barely contain their enthusiasm following the company’s Q2 results release and…

Shares up to $136 in pre-market trade ...

Subscription Required

In order to view the entire article please either register an account and subscribe or login with a valid subscription below

Please Register

Please either or click register below to continue Register

Most Popular

Recent Comments

Related Stories

COMMENTS 0

    Topics

    integrated logistics On the wires trading update UPS Expeditors

    Worth a read

    Snapshot: DSV Panalpina rallies to record high

    CNBC: Amazon cuts more than 1,200 delivery contract jobs

    MW: First Nestlé, then Unilever, here’s what these multinationals are doing to boost growth

    Ti: Private equity invests in Hermes

    RTR: Liberty Global launches $7.4bn takeover for Sunrise

    AFR: Japan Post puts together Toll sale team, vendor DD next step

    OE: HMM sells stake in Algeciras container terminal to CMA CGM

    MW: Supply chains on the move as global pressures mount

    SA: UPS tacks on extra fees to prep for huge holiday rush

    Snapshot: About Atlas Air's stellar Q2 20 numbers

    SA: Bezos sells nearly $500m in AMZN stock

    RTR: Japan Post to sell Australia's Toll Holdings – report

    HEI: What if?

    SA: Expeditors Q2 '20 update – EPS beats by $0.41, beats on revenue

    GPC: Willie Walsh’s last IAG results

    BBG: UPS readies freezer farms to ship virus vaccine — if we get one