Thread regarding United Parcel Service (UPS) (UPS)

It feels like the whole story right now revolves around “Network of the Future,” and I’m torn. On paper, closing facilities, cutting headcount, and automating more of the network is supposed to make UPS leaner and more efficient. In reality, it mostly looks like shrinking to survive rather than growing into something stronger. Volumes haven’t really bounced back, e-commerce growth isn’t what it used to be, and competition isn’t getting any easier. The dividend is clearly the main attraction at this point, and that yield looks tempting, but I have the impression that it’s meant to keep investors interested instead of being actually viable. With margins under pressure and restructuring costs piling up, I keep wondering how sustainable that payout really is.