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UPS Faces Post-SurePost Challenges: Analyst Sees Long-Term Gain But Near-Term Hurdles - United Parcel Service (NYSE:UPS)

Summary by Benzinga
United Parcel Service, Inc. (NYSE:UPS) shares are trading lower on Thursday. JP Morgan analyst Brian P. Ossenbeck reiterated the Neutral rating on United Parcel Service, Inc. (NYSE:UPS). The analyst notes that the contract between UPS and the United States Postal Service (USPS) for SurePost expired on December 31, 2024, and it seems the two companies did not reach a new agreement. This is separate from the air cargo contract UPS secured with Fed…

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Benzinga broke the news in New York, United States on Friday, January 10, 2025.
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