Wider Data On Industry

Hello you very intelligent and amazing individuals that make up this forum. I truly hope you are doing well and staying positive.

I was kindly wondering for instance when conducting a review on a certain stock such as UPS (United Parcel Service) a courier service. After reviewing all the financials and the annual report its always best to look at wider economic data. For instance the value of the courier business in 2023 and if the service is in demand and what the total spend on courier services will be in 2023. Can i kindly ask please do you know any websites or journals where i can find this further data or is there any government websites please? If anyone kindly had any thoughts on this i would be forever grateful and thankful for your support.

Sending you lots of good wishes and i truly hope your investments are successful in the long term. Take care.

UPS is more than a simple courier service. Here’s a great overview of the entire business → United Parcel Service - Wikipedia

I would say that due to the diversification of their service offerings, that you would need to investigate not only the domestic and international shipping market futures, but also the future growth of their more consumer-oriented business ventures to get a full picture of the future growth of the business.

I would suggest looking at any Commerce revenue projections for the various business lines that UPS currently runs.

Here’s what PWC thinks of the transportation / logistics industry.

You may also want to look at the future projection of e-commerce, as many purchases via e-comm are delivered by these transportation services companies.

Hope that helps.