United Parcel Service Return on Assets Analysis

In a previous article, I discussed the three big trends that have changed the nature of end-market demand for FedEx and United Parcel Service, Inc. (NYSE:UPS) since the last recession: burgeoning e-commerce demand, creeping protectionism that's slowing the growth of world trade, and customer preferences for cheaper, less time-sensitive deliveries. All have had an impact, and both companies have had to make significant operational changes in response. Today, I'll look at whether these changes have made UPS less productive.


READ THE FULL EQUITY RESEARCH ARTICLE LINKED