From Forbes
JUP,
I agree with you, but until you see these numbers change, I doubt UPS will see a need to change their SOP.
UPS Ratios & Returns
Price-to-sales 1.33
Return on Equity 30.3
Profit Margin 5.0%
FDX Ratios & Returns
Price-to-sales 0.71
Return on Equity 0.0
Profit Margin 3.4%