Reported 8 days ago
FedEx's disappointing earnings report has raised concerns for UPS investors, especially regarding declining demand in the U.S. B2B delivery market. FedEx's forecast cuts suggest a challenging environment, which UPS may also face as it has already reported declines in its own B2B volumes. Despite the potential for long-term recovery with lower interest rates, caution is advised for UPS shareholders as near-term conditions do not show improvement.
Source: YAHOO