The world’s largest delivery company knows how to deliver. In its most recent fiscal year, profits leaped to $4.9 billion, increasing 43% over the year prior. As online shopping continues to boom, so do UPS orders. Couriering packages to people’s homes accounts for a growing portion of the company’s business. The category offers thinner margins compared to bulk business-to-business shipments, but the company has managed to stay ahead by overhauling operations with automation and other supply chain improvements. Plus: If President Trump pressures the Postal Service to renegotiate its rates with Amazon, as he has indicated a desire to do, UPS could gain the leeway to boost its own pricing.
Looking for leads, investment insights, or competitive intelligence?
News about UPS
The company plans a hiring blitz across country this week.
A spike in demand for commercial pilots is distorting the labor market.
While there are some ideological divides, there are similarities too, according to SurveyMonkey.