Top 5 Logistics Companies in USA

1. United Parcel Service, Inc. (NYSE:UPS)

Market Cap as of October 31: $145.12 Billion

Number of Hedge Fund Holders: 38

Founded in 1907, United Parcel Service, Inc. (NYSE:UPS) has grown into one of the biggest logistics companies in the world. United Parcel Service, Inc. (NYSE:UPS) provides logistics services in over 220 countries and territories worldwide and has a fleet of 119,000 delivery vehicles. As of 2022, United Parcel Service, Inc. (NYSE:UPS) has over 534,000 employees worldwide.

On October 27, Deutsche Bank analyst Amit Mehrotra revised his price target on United Parcel Service, Inc. (NYSE:UPS) to $197 from $200 and maintained a Hold rating on the shares.

United Parcel Service, Inc. (NYSE:UPS) has over $10 billion in free cash flows, which allows it to make strategic investments in its operations and disruptive technologies that help the company provide optimized supply chain solutions to its customers. These technologies give United Parcel Service, Inc. (NYSE:UPS) a significant advantage in terms of operational efficiency over peers.  As of October 31, United Parcel Service, Inc. (NYSE:UPS) has a market capitalization of $145 billion and is among the top logistics companies in USA.

As of June 30, Adage Capital Management is the largest shareholder in United Parcel Service, Inc. (NYSE:UPS) and has stakes of $139.6 million in the company.

Here is what Mayar Capital had to say about United Parcel Service, Inc. (NYSE:UPS) in its second-quarter 2022 investor letter:

“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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