I would like to welcome everyone to the UPS fourth quarter 2024 earnings conference call. [Operator instructions] It is now my pleasure to turn the floor over to your host, Mr. PJ Guido, investor relations officer.

Discover the impact of UPS SurePost contract ending with USPS. Explore changes in package delivery and solutions for P.O. box and rural customers.

United Parcel Service Inc. Cl B closed 14.27% below its 52-week high of $158.95, which the company reached on March 22nd.

UPS recently ended a contract with the United States Postal Service and delivery changes are coming to some post office box users as a result.

"Millions of packages moved away from SurePost and the United States Postal Service ... Our Parcel Select product still exists and any business can use it now at our published rates." USPS had ...

U.S. Postal Service (USPS) workers will no longer deliver UPS SurePost packages. Here's how fast you could get your deliveries.

This was the stock's second consecutive day of losses.

Gallup found that among 15 government agencies, the U.S. Postal Service is the only one with majority support. Yet, USPS is a poster child of financial failure and inefficiency, thanks to its government monopoly and subsidy. It is also a microcosm of what DOGE faces and what the left will do with government if allowed.

The Postal Service market is expected to grow from an estimated USD 246.9 billion in 2024 to USD 297.7 billion in 2033, at a CAGR of 2.10%.

UPS managed to negotiate a contract with USPS and took over its airlift needs from FedEx. The prior USPS-FedEx contract expired at the end of September 2024. UPS management expects the deal to be margin- and EPS-accretive in the first year.

The American Postal Workers Union is encouraging customers to contact elected leaders to make them aware of the problem.

UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most profitable customer.