United Parcel Service (UPS) (GB:0R08), the world’s largest package delivery company, is making major headway in Europe and the move comes on the heels of its recent robust Q2 showing. Its Q2 beat also came with ~12% higher average revenue per piece, $5.2 billion in dividends, and a 50% boost to its share buyback program. Now, the company is all set to expand its footprint in Europe with the acquisition of healthcare logistics provider Bomi Group. This strategic transaction adds temperature-controlled locations across 14 countries, 350 temperature-controlled vehicles, and four million square feet to UPS’ portfolio.
https://www.tipranks.com/news/article/the-cold-chain-push-in-europe-is-making-ups-stock-hot-in-2022?utm_source=advfn.com&utm_medium=referral
United Parcel Service (NYSE:UPS)
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United Parcel Service (NYSE:UPS)
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