UPS drama – a Premium back and forth on key bits and pieces
Network power
For all the Q4/annual numbers that UPS released yesterday, chart its stock against the S&P 500 and the Dow Jones Transportation Average over several time periods from early 2021, and the current narrative appears in all its splendour.
(Two-year performances, ex-yield from dividends: UPS reads +19.5% versus DJTA + 17.1%; S&P 500 +8.2%. Other shorter term trends are revealing. More broadly: “As goes January, so goes the year?” Let’s hope so, but I digress.)
CEO Carol Tomé is the investors’ insurance policy on ...
Crew member dies as Maersk Frankfurt catches fire on maiden voyage
Maersk Frankfurt owner declares General Average, as fire-fighting continues
More danger to box ships as Houthis expand Red Sea attack arena
Bangladesh 'jam-packed' with cargo as curfew and internet restrictions continue
K+N eyes more cost-cutting after first-half profit and market share declines
'Last chance' for US importers to stock up before possible east coast port strike
New FMC regulation rules out carrier 'lame excuses' for rolling cargo
Maersk Frankfurt heads for open water as container fire subsides
Comment on this article