United Parcel Service (UPS) faces several shareholder alerts and is a part of a class action lawsuit. Despite reporting
Q4 results aligned with expectations, the
stock price fell. Several law firms urge shareholders with large losses to contact them. The company remains a strong buy recommendation for some, as it maintains $1.63 dividend. Despite this, they face accusations of
fraud and theft. The
Q1 earnings beat market expectations but there are concerns of increasing job cuts. The company plans to increase the use of robots in their new US warehouse. UPS' transition to
electric vans is facing challenges due to battery shortages.Under the threat of a
strike by Teamsters, the company continues its business continuity training. The company also plans to close at least 200 facilities. However, a new contract was approved, averting the strike. The company continues to expand its capacity with the opening of a new warehouse, acquisition of the
Bomi Group and plans to grow their healthcare logistics business.
United Parcel Service Class B UPS News Analytics from Mon, 20 Jun 2022 07:00:00 GMT to Mon, 17 Feb 2025 19:58:14 GMT -
Rating 0
- Innovation 2
- Information 6
- Rumor -6
