Zacks Industry Outlook Highlights United Parcel Service, FedEx and GXO Logistics

What we drew from this source

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• Increased e-commerce, automation and outsourcing are serving GXO well

  80% confidence

• The top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1

  80% confidence

• FedEx's efforts to reward its shareholders even in these uncertain times are praiseworthy

  80% confidence

• Impressive e-commerce demand and expansion efforts should serve UPS well in the coming year

  80% confidence

• Analysts are gradually gaining confidence in the industry's earnings growth potential

  80% confidence

• Due to the decline in shipping demand, particularly in Asia and Europe, volumes are being hurt

  80% confidence

• Consumers' thirst for online shopping is rampant even though economies are reopening

  80% confidence

• The Zacks Transportation-Air Freight and Cargo industry is grappling with persistent supply-chain disruptions

  80% confidence

• The industry has been experiencing significant levels of inflation, including higher prices for labor, freight and fuel

  80% confidence

• Robust free cash flow generation by UPS is a major positive and leads to an uptick in shareholder-friendly activities

  80% confidence

• The space still has fuel left in the tank, especially for operators that target growth opportunities and operating efficiency initiatives

  80% confidence

• A challenging macroeconomic environment is characterized by inflation-induced high interest rates and the resultant weakness in package volumes

  80% confidence