5 Biggest Delivery Companies In The World

1. United Parcel Service 

United Parcel Service is an American company dealing in package delivery, logistics, and related services. The company, headquartered in Atlanta, employs over 400,945 people. The firm generated a revenue of $97.29 billion in 2021. The company is aiming to achieve carbon neutrality by 2050, citing environmental concerns. 

At the end of the second quarter of 2022, 38 hedge funds in the database of Insider Monkey held stakes worth $613 million in United Parcel Service, compared to 50 in the previous quarter worth $159.5 million.

In its Q2 2022 investor letter, Mayar Capital, an asset management firm, highlighted a few stocks and United Parcel Service, Inc. (NYSE:UPS) was one of them. Here is what the fund said:

“United Parcel Service, Inc. (NYSE:UPS)has been a beneficiary of the pandemic-related shift to e-commerce. Revenues increased 15% in the year, with strong leverage in the business boosting operating profit by al- most 67%. Management is focusing on a ‘Better not Bigger’ strategy for the business and divested the UPS Freight business early in the year. Mean- while, the company is expected to increase distributions to shareholders in 2022, from both dividends and share buybacks.” 

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