Prediction: UPS Will Thrive in the AI Boom. Here's the Key Factor Driving Growth.

This has been another frustrating year for investors in United Parcel Service (NYSE: UPS). Shares of the transportation stock have dropped about 30% on the year as U.S. revenue and parcel volumes have slipped significantly. Margins aren't nearly as wide as they were during the pandemic, and management hasn't given much guidance for what will come.That said, UPS isn't exactly up a creek without a paddle. The company has been actively restructuring its logistics network to cut costs and refocus on profitability. While it still has a way to go, several new developments could help speed up its turnaround. One of those is artificial intelligence (AI).UPS runs one of the most complex logistics networks in the world, with millions and millions of packages moving through it each day. The more efficient this system runs, the more profit UPS can collect.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool