United Parcel Service (UPS) says it is investing $120 million to purchase 400 robots that will unload its delivery trucks as part of a broader $9 billion automation initiative.

United Parcel Service Inc. will invest $120 million in 400 robots used to unload trucks, according to people familiar with the matter, revealing new details on the logistics giant’s $9 billion automation plan that aims to boost profits by decreasing labor costs.

UPS' stock price has fallen hard since peaking in 2022. The company turned an important corner in 2024. Working from a position of strength, UPS is looking to make more changes to its business. If you see a large brown delivery truck, you probably know ...

United Parcel Service said on January 31, 2023 that its board of directors declared a regular quarterly dividend of $1.62 per share ($6.48 annualized). Shareholders of record as of February 17, 2023 will receive the payment on March 10, 2023. Previously ...

Maintain HOLD rating on UPS; prefer to wait for volume recovery before considering a more positive stance.

River Road Asset Management, an investment management company released its “River Road Large Cap Value Select Fund” Q4 2024 investor letter. A copy of the letter can be downloaded here. In the fourth quarter, AMG River Road Large Cap Value Select Fund ...

In the latest market close, United Parcel Service (UPS) reached $125.01, with a +1.4% movement compared to the previous day. This change outpaced the S&P 500's 0.16% gain on the day. Meanwhile, the Dow gained 0.86%, and the Nasdaq, a tech-heavy index, lost ...

UPS laid out the impact of its new deal with the Teamsters union, including front-loaded wage and benefit gains that will eat into earnings this year. The deal, though better than the alternative, is a near-term headwind. All eyes were on UPS this summer ...

We recently compiled a list of the 5 Stocks Gaining On Earnings Optimism. In this article, we are going to take a look at where United Parcel Service, Inc. (NYSE:UPS) stands against the other stocks. The earnings season continues to move stocks higher as ...