I would like to welcome everyone to the UPS fourth quarter 2024 earnings conference call. [Operator instructions] It is now my pleasure to turn the floor over to your host, Mr. PJ Guido, investor relations officer.
Discover the impact of UPS SurePost contract ending with USPS. Explore changes in package delivery and solutions for P.O. box and rural customers.
This was the stock's second consecutive day of losses.
United Parcel Service Inc. Cl B closed 14.27% below its 52-week high of $158.95, which the company reached on March 22nd.
"Millions of packages moved away from SurePost and the United States Postal Service ... Our Parcel Select product still exists and any business can use it now at our published rates." USPS had ...
U.S. Postal Service (USPS) workers will no longer deliver UPS SurePost packages. Here's how fast you could get your deliveries.
UPS recently ended a contract with the United States Postal Service and delivery changes are coming to some post office box users as a result.
The Postal Service market is expected to grow from an estimated USD 246.9 billion in 2024 to USD 297.7 billion in 2033, at a CAGR of 2.10%.
The United States Postal Service (USPS) and UPS SurePost have terminated their contract, which will impact package delivery practices and services in specific regions.
UPS SurePost packages will be delivered by UPS drivers only after a contract between UPS and USPS expired this year.
Discover how USPS privatization could reshape mail delivery, from rising costs and slower service to Amazon's evolving role in rural logistics.
A shared concern for LEX 18 viewers over the past month has been continued mail delivery delays. Businesses and customers of the USPS have shared frustrations, hoping their questions will be answered.