$UPS

The UAW opposes U.S. tariffs on Canada, citing strong labor standards. Union Pacific earned $91.1M more in fuel surcharges than fuel costs in Q2. Lucid recalls 27,185 Air sedans due to fire risk. Porsche sells MHP to Tata Consultancy Services for €320M.

U.S. retailers and businesses face higher fuel surcharges due to the U.S.-Israeli war on Iran, with some shippers profiting from these fees. Union Pacific reported $91.1 million more in fuel surcharge revenue than fuel costs in Q2, boosting profits by $83.2 million. UPS and FedEx have also increased surcharges, though they claim modest impacts on profits. Maersk's Q2 profit rose to $3 billion, partly due to emergency surcharges and rate surges.

After the Supreme Court struck down Trump's tariffs, companies like Walmart, Amazon, and Apple received billions in refunds. Walmart ($2.9B) cut prices on items, Amazon ($600M) absorbed costs, and Apple ($2.2B) plans U.S. reinvestment. Target ($994M) and Home Depot ($730M) also lowered prices. Consumers unlikely to get direct refunds.

Pfizer (PFE), UPS, and Chevron (CVX) offer high yields and have reaffirmed dividends. PFE yields 6.15%, UPS 6.39%, and CVX 3.44%. PFE and UPS trade below 5-year prices. CVX has strong free cash flow and low debt. All have CEO commitments to maintaining payouts.

United Parcel Service (UPS) issued US$325.11 million in callable, senior unsecured floating-rate notes maturing in 2076 to fund global investments. The company plans to invest over US$2.00 billion in International, Healthcare, and Supply Chain Solutions while maintaining its dividend. UPS projects $100.1 billion revenue and $7.2 billion earnings by 2029, requiring 3.6% yearly revenue growth.

UPS plans to invest over $2 billion through 2028 to enhance operations in key markets, including new logistics hubs in the Philippines, Canada, and Hong Kong. The company aims to improve speed and control in logistics, targeting sectors like healthcare and automotive. Recent investments include temperature-controlled facilities and expanded hubs in Taiwan and South Korea. UPS cites strong regional demand and high-growth sectors as drivers for these expansions.

UPS is investing $2 billion in air hubs and healthcare logistics, expanding operations in Asia-Pacific, Europe, and the Americas. The company aims to improve transit times and handle higher-value shipments, reducing reliance on low-margin Amazon deliveries. Key projects include new hubs in the Philippines, Hong Kong, and South Korea, with a focus on healthcare and supply chain solutions. UPS reported over $3 billion in healthcare revenue in Q1 and Q2 2026.

UPS is investing $2 billion through 2028 in international, healthcare, and supply chain businesses. The funds will support new facilities and tech-enabled logistics centers, aiming to enhance global supply chain adaptability. UPS also invested $48 million in temperature-controlled facilities for healthcare initiatives, according to the company.

UPS completed its 18-month plan to reduce Amazon shipments, cutting 2 million packages daily and $4.5B in related costs. UPS's Q2 U.S. revenue rose 6% with a 9.3% increase in revenue per piece. Amazon's shipping costs increased 19% to $27.9B in Q2, outpacing its 15% online sales growth. Amazon is expanding its delivery network, handling 6.7B U.S. parcels in 2025, making it the largest parcel carrier.

UPS plans to reduce Amazon delivery volume by 50% from 2025 to 2026, aligning with its strategy to focus on higher-margin services. The stock has fallen 10.5% since the announcement due to concerns about margin performance. UPS raised revenue and earnings guidance but lowered margin expectations, with fuel surcharges playing a significant role in revenue increases.