Wednesday, December 3, 2014

United Parcel Service (UPS) Investor Conference Review

Until last week, it had been three years since United Parcel Service (NYSE: UPS  ) last had an investor conference, and much had changed with its end-market conditions in the interim. At the recent conference, management updated UPS investors on its long-term outlook and on how it is adjusting to these changes. With this in mind, it's time to look at what is new with UPS and what it might mean to the shipping and logistics company's investors.



United Parcel Service's end-market trends

 Before getting into details, here is a chart of UPS' trailing-four-quarters segmental income so Fools can see the relative importance of each business.


Source: United Parcel Service Presentations.



Since 2011, there have been three separate and somewhat unexpected changes in end markets for UPS and its main rival, FedEx (NYSE: FDX  )


READ THE FULL EQUITY RESEARCH ARTICLE LINKED