What's Going On With UPS Shares Today?

Zinger Key Points
  • United Parcel Service, Inc. (NYSE: UPS) wins major air cargo contract from United States Postal Service (USPS), strengthening partnership.
  • UPS becomes USPS' primary air cargo provider, enhancing its market position.

United Parcel Service, Inc. UPS shares are down more than 1.4% at $146.60 on the last check Monday, April 1. 

The company recently disclosed winning a significant air cargo contract from the United States Postal Service (USPS). The contract, effective immediately, will boost the existing relationship between the two companies. 

With this agreement, UPS will become the USPS’ primary air cargo provider and move most USPS air cargo in the US.

Last week, UPS provided three-year financial targets, expecting FY26 consolidated revenue of $108 billion–$114 billion, adjusted operating margin above 13%, and free cash flow of $17 billion – $18 billion.

Also, the company sees the U.S. Domestic Package segment adjusted operating margin of at least 12% and the International Package segment adjusted operating margin between 18% and 19%.

Investors can gain exposure to the stock via IShares Trust IShares U.S. Transportation ETF IYT and Direxion Daily Transportation Bull 3X Shares TPOR.

Now ReadUPS’s Strategic Investment Plan Promises Growth, But This Analyst Questions Market Performance Amid Demand Slowdown

Image: Shutterstock

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