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Bank of America just cut UPS to sell, and the catalyst has nothing to do with shipping demand or Amazon competition. The real threat is a regulatory change that turns UPS's fastest, highest-volume lanes into a compliance liability that surcharges alone may not fix.
Bank of America (BofA) has reiterated its 'Neutral' rating on United Parcel Service Inc (NYSE:UPS) and cut its price target to $108 from $115, citing weaker domestic package volumes and lower earnings expectations. The broker lowered its 2026 revenue estimate to $91.3 billion from $92.5...
The enhancements give customers more control and information when using options like Smart Pickup, a UPS executive said.
UPS says it has invested $50M in elevating service for freight shippers that use its parcel network between Mexico and the U.S. with the introduction of guaranteed day delivery and freight-specific pricing. The post UPS upgrades service level for US-Mexico industrial shippers appeared first on FreightWaves.
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