UPS poised to gain from net shopping service plans to stay ahead of competitors with route improvements
UPS is a solid company poised to benefit from an improving economy and the growth of Internet shopping. It’s also building its competitive edge by developing more efficient route plans and taking advantage of opportunities in Europe.
“It’s got a good yield, it’s a very strong company — and it’s growing,” Stephen Desmond, stock analyst said. “Over time, I think it will do well.”
UPS, which gets 90percent of its income from delivering packages, has three big competitors: Deutsche Post, which owns DHL Express; Federal Express; and post offices around the world, with the most competition coming from the U.S. Postal Service.
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