Originally Posted by
BoilerUP
UPS beat earnings projections last quarter, and had 30% growth in Next Day Air volume (note: Amazon is typically Second Day Air). They have repeatedly affirmed EPS guidance of $7.45-7.75.
Also, it is widely reported Amazon is 10% of total UPS volume and 5% of total revenue; who knows if that’s accurate or not, Atlanta isn’t telling.
UPS just announced a high nine-figure additional investment in SDF, and has roughly thirty more factory-new growth airframes to take delivery of in the next three years including fifteen 747-8s.
None of that sounds like the actions of a struggling logistics company...
What he said. I’m pretty sure just the -8 order equals more capacity than every jet Amazon has on order. Add in the steady trickle of new 76s and it appears that management sees a lot of money to be made. Only time will tell, but I’m betting that I’ll be happy with my choice when I retire with a pension and a fat B plan.