Dark skies down under – white (paper) wash
Final act
Just a quick and dirty take today, following the release of a trading update by UPS that was broadly mixed.
In short, signs are there that the company is weathering the competitive storm it has to face, with so many new entrants in so many of its end markets, which are increasingly threatened by some of the major tech companies. Amazon’s delivery plans, Alphabet’s drones, Uber Freight – you name it, the pressure is building on multiple fronts, although not all rivals must ...
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