UPS still delivers more packages, but FedEx now has the bigger market capitalization as Wall Street rewards the company for its cost-cutting efforts.
United Parcel Service (NYSE:UPS) stock traded at $100.49 as of midday Wednesday, down nearly 11% over the past week. The drop has handed a symbolic crown to its longtime rival. In a historic moment, ...
Parcel shippers should continue to expect price volatility and targeted surcharges as the conflict continues, an expert said.