United Parcel Service Inc Class B

UPS: XNYS (USA)
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UPS' US Domestic Margins Should See Progress in the Year Ahead

Business Strategy and Outlook

UPS is the giant among global small-parcel delivery companies, and it’s one of three commercial providers that dominate the global landscape; FedEx and UPS are the major US incumbents, while DHL Express leads in Europe. The company divested its less-than-truckload division, UPS Freight, in the second quarter of 2021 as part of CEO Carol Tomé's "better, not bigger" framework. In September 2023, UPS also divested its asset-light truck brokerage unit, Coyote, which it acquired in 2015.

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