Amazon pushes into LTL for small package fulfilment and UPS does a u-turn
Amazon ended speculation about a foray into the LTL sector with an offering for inbound ...
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… just noticed, perhaps?!
Good timing, though.
In my mind
Sniff sniff.
One cent beat to Q4 23 non-GAAP earnings and one cent added to the quarterly dividend per share.
Seen it before elsewhere.
Yes!
Shivers
Down -8.2% y’day to $145 apiece, the worst performer in our demo portfolio.
Unlucky again in 2023, as ’superior’ UPS falters anew.
Soft 2024 guidance didn’t help, either.
Bar the projected annual sales range, adjusted operating margin is expected at between 10% and 10.6%, materially lower than the previously coveted target.
It was undoubtedly eventful* (click ...
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