NYSE:UPSLogistics
FedEx Pulls Ahead In Value As UPS Bets On Higher Margins
FedEx has surpassed United Parcel Service (NYSE:UPS) in market capitalization for the first time.
The change in market value leadership comes as UPS pushes ahead with a broad business transformation.
UPS is refocusing on higher margin areas such as healthcare, selling non core assets, and reducing its exposure to Amazon.
For you as an investor, the shift in market capitalization between FedEx and UPS highlights how capital is being allocated across the global logistics sector. UPS remains...