Why United Parcel Stock is a Must-Watch Despite 11.7% Fall in 2024
UPS(UPS) ZACKS·2024-11-04 20:25
Logistics and transportation giant United Parcel Service, Inc. (UPS) has not been having the best time. In fact, at the beginning of the year, the company announced a plan to lay off 12,000 employees after a particularly difficult 2023.This multinational shipping and receiving and supply chain management company, founded in 1907, has expanded to become one of the world's largest shipping couriers. However, shipping demand has recently decreased as people have been on an in-store holiday shopping spree post- ...