United Parcel ServiceNYSE: UPS

UPS, T. Rowe Price, and Eversource Energy each have dividend yields exceeding 4%, suggesting undervaluation. Despite near-term challenges, all three companies retain competitive advantages and long-term growth potential. UPS benefits from distribution scale, T. Rowe Price has a retirement fund franchise that performs well, and Eversource is a regulated monopoly, making them attractive buys.

The latest trading day saw United Parcel Service (UPS) settling at $135.83, representing a -1.68% change from its previous close.

UPS needs to see an improving delivery volume environment in 2024. Investors should keep an eye out for UPS' next earnings report on July 23.

Delivery volume growth should turn positive in 2024. UPS was hit with increased costs in 2023, but they should drop out of comparisons through the year.

The deal is likely to help United Parcel Service (UPS) concentrate on its core businesses.

United Parcel Service Inc (NYSE:UPS) said it has agreed to sell its Coyote Logistics division to RXO for about $1 billion, about $0.6 billion less than it paid for the freight brokerage company. “As UPS positions itself to become the premium small package provider and logistics partner in the world, the decision to sell our Coyote Logistics business allows an even greater focus on our core business,” UPS CEO Carol Tomé said in a statement.

The transportation giant announced Sunday it had offloaded the third-party logistics provider.

United Parcel Service , the world' biggest parcel delivery firm, on Sunday said it would sell its Coyote Logistics business unit to RXO for $1.025 billion.

ATLANTA--(BUSINESS WIRE)--UPS (NYSE: UPS) announced today it has entered into an agreement to sell its Coyote Logistics business unit to RXO, Inc., for $1.025 billion. “As UPS positions itself to become the premium small package provider and logistics partner in the world, the decision to sell our Coyote Logistics business allows an even greater focus on our core business,” said UPS Chief Executive Officer Carol B. Tomé. Based in Chicago, Coyote Logistics is a leading global third-party logisti.