dudebro
Well-Known Member
Only because it dropped 15 bucks after we announced 1q earnings in 2020 then another 12 on early COVID news, before it turned around. Moreover, anyone can own as much stock as they can afford.From my limited understanding the other common carriers have been increasing their surcharges close to the same rates as UPS.
Everybody was trying to take advantage during the pandemic.
Didn’t UPS stock almost doubled from 2020 to 2023…?
We're still generally more expensive than our competition, we're not the tightest ship in the shipping business anymore, and the appetite for confiscatory shipping charges has run out of the market for a while.