UPS Faces an Identity Crisis
UPS(UPS) The Motley Fool·2024-08-20 16:18
Difficult end-market conditions have challenged the company's execution of its guiding framework.Carol Tome's first earnings call as UPS (UPS 0.73%) CEO took place in the summer of 2020, and her guiding framework has been clear from the outset. As part of the "better not bigger" approach, UPS would focus on growing earnings by optimizing its existing network and targeting growth opportunities rather than chasing delivery volume growth. Unfortunately, recent events have brought that model into question. So, ...