UPS Rides on Increase in Home Deliveries & Strong Liquidity - NASDAQ
We recently issued an updated report on United Parcel Service, Inc. UPS.
The company is being aided by a significant increase in home deliveries amid the prevalent coronavirus pandemic. Notably, the need for door-to-door delivery of essentials during this crisis is increasing. Also, UPS Airlines, one of the largest cargo carriers across the globe, is aided by the increase in e-commerce sales amid the plaguing pandemic. UPS Airlines expanded its fleet by adding MD-11 and Boeing 747-8 freighter jets. With many passenger airlines (usually carrying freight as well as passenger luggage) currently shrinking their fleets due to tepid air-travel demand, cargo carriers like UPS Airlines are flying a lot of packages.
We recently issued an updated report on United Parcel Service, Inc. UPS.
The company is being aided by a significant increase in home deliveries amid the prevalent coronavirus pandemic. Notably, the need for door-to-door delivery of essentials during this crisis is increasing. Also, UPS Airlines, one of the largest cargo carriers across the globe, is aided by the increase in e-commerce sales amid the plaguing pandemic. UPS Airlines expanded its fleet by adding MD-11 and Boeing 747-8 freighter jets. With many passenger airlines (usually carrying freight as well as passenger luggage) currently shrinking their fleets due to tepid air-travel demand, cargo carriers like UPS Airlines are flying a lot of packages.
