Market News AIOpen the app

UPS shares are falling on Thursday because fuel prices are going up.

MarketRead the original at benzinga.com
Bad for UPS

United Parcel Service shares fell as rising diesel and jet fuel prices are creating a lag in fuel surcharge recovery and are squeezing domestic and international margins.

UPS · United Parcel Service Inc.

AI read · Bad for UPS

The AI's read

Rising diesel and jet fuel prices are lifting costs faster than UPS can collect fuel surcharges, squeezing the company’s margins despite revenue growth and automation gains.

Get alerts for UPS

Follow United Parcel Service Inc. (UPS) free. When we publish a story about it, you get the plain-English explanation as an alert.

Get alerts for UPS
Free on the App Store and Google Play, or on the web.