Barrons.com
UPS Has Big New Goals, and Bad News on Shipping Costs
People see United Parcel Service’s brand as like a “middle-aged man at a bar drinking whiskey,” the logistics company told investors. Making the shift, and other changes, will position UPS to benefit from substantial growth in shipping it believes is on the way, management said at a Wednesday presentation to review its business prospects for the next few years. Shipping small packages to many customers is more complicated than shipping bulk orders to distribution centers.
