We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties. You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies. In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
UPS to Benefit From Export Services Expansion From Kyushu: Here's How
Read MoreHide Full Article
United Parcel Service, Inc. (UPS - Free Report) recently announced that it is gearing up to improvise its export services from Kyushu. To this end, UPS has begun providing faster export services from additional cities in Kyushu, enabling businesses in the region to grow through UPS’ global logistics network.
Effective March 31, export shipments from almost 800 postal codes in the cities of Iizuka, Koga, Yukuhashi, Miyawaka, Kanda Town, and Kurate Town in Fukuoka prefecture, and Oita and Nakatsu City in Oita prefecture shall now reach their respective destinations globally one business day faster. This service includes a same-day uplift to UPS's daily weekday flights from Kitakyushu Airport.
Pickup cutoff times have been increased by up to 2.5 hours in more than 700 postal areas in Kitakyushu City.
We would like to remind investors that UPS launched daily weekday flights from Kitakyushu Airport in 2023. In December 2024, the company also announced export services utilizing JR Kyushu's bullet train, a step that linked the Shinkansen network with an international air cargo network for the first time.
Makoto Kato, president of UPS Japan, stated, "As the only international express delivery provider with regular flights from Kyushu, we are delighted to provide yet another enhancement to our services to help the region's businesses reach more customers located across the world. A diverse customer base is a key element of a resilient supply chain, and reaching those customers quickly can make all the difference for businesses looking for a competitive edge. With growth expected in industries such as high tech, automotive and cross-border e-commerce in the region, we'll continue to provide the products and services our customers need to make the most of every opportunity."
SKYW has an expected earnings growth rate of 16% for the current year. The company has an impressive earnings surprise history. Its earnings outpaced the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average beat of 16.7%. Shares of SKYW have risen 9.1% over the past six months.
Frontier Group
Frontier Group flaunts a Zacks Rank of 1 at present.
ULCC has an expected earnings growth rate of more than 300% for the current year.
The company has an encouraging track record with respect to earnings surprise, having surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed once. The average surprise is 1.1%. Shares of ULCC have surged 43% in the past six months.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report predicting the 7 stocks that will soar highest in the coming month.
Image: Bigstock
UPS to Benefit From Export Services Expansion From Kyushu: Here's How
United Parcel Service, Inc. (UPS - Free Report) recently announced that it is gearing up to improvise its export services from Kyushu. To this end, UPS has begun providing faster export services from additional cities in Kyushu, enabling businesses in the region to grow through UPS’ global logistics network.
Effective March 31, export shipments from almost 800 postal codes in the cities of Iizuka, Koga, Yukuhashi, Miyawaka, Kanda Town, and Kurate Town in Fukuoka prefecture, and Oita and Nakatsu City in Oita prefecture shall now reach their respective destinations globally one business day faster. This service includes a same-day uplift to UPS's daily weekday flights from Kitakyushu Airport.
Pickup cutoff times have been increased by up to 2.5 hours in more than 700 postal areas in Kitakyushu City.
We would like to remind investors that UPS launched daily weekday flights from Kitakyushu Airport in 2023. In December 2024, the company also announced export services utilizing JR Kyushu's bullet train, a step that linked the Shinkansen network with an international air cargo network for the first time.
Makoto Kato, president of UPS Japan, stated, "As the only international express delivery provider with regular flights from Kyushu, we are delighted to provide yet another enhancement to our services to help the region's businesses reach more customers located across the world. A diverse customer base is a key element of a resilient supply chain, and reaching those customers quickly can make all the difference for businesses looking for a competitive edge. With growth expected in industries such as high tech, automotive and cross-border e-commerce in the region, we'll continue to provide the products and services our customers need to make the most of every opportunity."
UPS’ Zacks Rank
Currently, UPS carries a Zacks Rank #4 (Sell).
Stocks to Consider
Investors interested in the Zacks Transportation sector may also consider SkyWest (SKYW - Free Report) and Frontier Group (ULCC - Free Report) .
SkyWest
SkyWest currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
SKYW has an expected earnings growth rate of 16% for the current year. The company has an impressive earnings surprise history. Its earnings outpaced the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average beat of 16.7%. Shares of SKYW have risen 9.1% over the past six months.
Frontier Group
Frontier Group flaunts a Zacks Rank of 1 at present.
ULCC has an expected earnings growth rate of more than 300% for the current year.
The company has an encouraging track record with respect to earnings surprise, having surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed once. The average surprise is 1.1%. Shares of ULCC have surged 43% in the past six months.