United Parcel Service Stock News

This holiday seasons demonstration of early shopping may help another nail-biting aspect of the holiday shipping deadlines.

In mid-October, President Biden announced that the Port of Los Angeles would begin operating 24 hours a day, seven days a week, joining the nearby Port of Long Beach, which had been doing so since September. The move followed weeks of White House negotiations with the International Longshore and Warehouse Union, as well as shippers like UPS and FedEx, and major retailers like Walmart and Target. The purpose of expanding port hours, according to the New York Times , was to relieve growing backlogs in the global supply chains that deliver critical goods to the United States. Reading this, you might be forgiven for imagining that an array of crucial items like medicines or their ingredients or face masks and other personal protective equipment had been languishing in shipping containers anchored off the West Coast. You might also be forgiven for imagining that workers, too lazy for the moment at hand, had chosen a good nights sleep over the vital business of unloading such goods from boats lined up in their dozens offshore onto trucks, and getting them into the hands of the Americans desperately in need of them.

Deutsche Bank Aktiengesellschaft lowered shares of United Parcel Service (NYSE:UPS) from a buy rating to a hold rating in a research report sent to investors on Monday, Price Targets.com reports. Deutsche Bank Aktiengesellschaft currently has $221.00 price objective on the transportation companys stock, down from their previous price objective of $253.00. Other research analysts have []

Here are the deadlines from USPS, UPS and FedEx:

The USPS and FedEx have a shipping deadline of December 15 for packages to arrive by Christmas Day. UPS did not set a deadline yet, but they want everyone to ship as early as possible.

Move over UPS, FedEx and USPS. By early next year, Amazon will be the largest delivery service in the U.S., according to Amazon CEO of worldwide consumer service Dave Clark in a Monday (Nov. 29) report from CNBC. Clark said the company, equipped with its fleet of planes, trucks, vans and ships, is on track []

Walter & Keenan Financial Consulting Co. MI ADV lifted its position in United Parcel Service, Inc. (NYSE:UPS) by 1.4% during the 3rd quarter, Holdings Channel reports. The firm owned 4,789 shares of the transportation companys stock after buying an additional 66 shares during the quarter. Walter & Keenan Financial Consulting Co. MI ADVs holdings in []

Spirit of America Management Corp NY grew its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 7.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,050 shares of the transportation companys stock after purchasing an additional 150 shares during the period. []

Private Advisor Group LLC boosted its holdings in United Parcel Service, Inc. (NYSE:UPS) by 29.3% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 112,982 shares of the transportation companys stock after acquiring an additional 25,623 shares during the quarter. Private Advisor Group LLCs []

Canton Hathaway LLC lifted its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 20.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 630 shares of the transportation companys stock after purchasing an additional 105 shares during the quarter. Canton []

FARMERS & MERCHANTS TRUST Co OF LONG BEACH raised its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 2.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,380 shares of the transportation companys stock after purchasing an additional 79 shares during []