US parcel delivery needs a revamp – but integrators are in the driving seat
The US parcel delivery sector may be ripe for an overhaul, says industry consultant Satish ...
SEEKING ALPHA reports:
– Credit Suisse upgrades UPS (NYSE:UPS) to an Outperform rating from Neutral on what it calls a clear line of sight to high-teens EPS growth and cash flow conversion.
– Catalysts called out by CS: “(1) Domestic pricing power has tangibly shifted toward the carriers; (2) capex is likely set to begin its descent from a multi-year high, with further and potentially significant opportunities to reduce capital intensity; and (3) the company is now being led by a change agent with a proven track record of executing on cost performance, efficiency gains, capital discipline, and improved returns.”
To read the full post, please click here.
'Mass-casualty incident' as Maersk box ship destroys Baltimore bridge
Shock for CMA CGM as a deputy CEO decides to quit
Diversions from Red Sea proving a real ‘silver lining’ for carriers
Could the Dali have suffered a power loss before bridge crash?
Asia-Europe carriers revise FAK rates in fight to rein in revenue erosion
Strike paralysing Finnish ports extended after talks collapse
Dali cargo owners face massive costs if general average is declared
Alex Lennane
email: [email protected]
mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
email: [email protected]
Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
Comment on this article