Good morning. My name is Greg Alexander, and I will be your facilitator today. 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. Sir, the floor is yours.
UPS reports robust Q4 performance with increased revenue and operating profit, while navigating challenges in the US market and reducing Amazon volume.
Discover how USPS privatization could reshape mail delivery, from rising costs and slower service to Amazon's evolving role in rural logistics.
“Robbery of a letter carrier will now allow us to put a $150,000 reward on your head,” she said. “That is up from $50,000 in a previous reporting poster. Postal inspectors can now offer a $100,000 reward for information leading to the identification, arrest and prosecution of those who steal US Mail, which is an increase from $10,000.”
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%.
United Parcel Service Inc. Cl B closed 14.27% below its 52-week high of $158.95, which the company reached on March 22nd.
U.S. Postal Service (USPS) workers will no longer deliver UPS SurePost packages. Here's how fast you could get your deliveries.
This was the stock's second consecutive day of losses.
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.
UPS SurePost packages will be delivered by UPS drivers only after a contract between UPS and USPS expired this year.
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.
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.