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Consultant’s Insight: UPS expects to benefit from Red Sea, Panama Canal issues
The macroenvironment continued to impact UPS’ international services, resulting in volume shifts from air to ground in the fourth quarter. However, UPS anticipates that high-value goods will shift from ocean to air transport because of the Red Sea and Panama Canal issues, thus benefiting UPS’ revenue and volumes. Houthi rebels continue to fire missiles at […]
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