UPS ( UPS 1.34%), one of the world's top shipping couriers, was once a reliable blue chip stock. Its shares closed at a record high of $192.88 on Feb. 2, 2022 -- marking a 286% gain from its IPO price of $50 in 1999. As of this writing, it trades at approximately $107.

Businesses in the area around the UPS Flight 2976 crash site have endured, and continue to face, challenges to resuming normal operations.

Last year UPS announced the largest network reconfiguration in its 118-year history. In November, a Wyoming, Michigan location closed as part of the restructuring. Across its U.S. footprint the company is looking to realign with expected volume levels and enhance productivity through additional automation, according to UPS.

United Parcel Service is undertaking the most aggressive retrenchment in its history, eliminating 68,000 jobs and closing 73 facilities as it refocuses on profitability and a leaner network. The cuts,

If it can keep its streak of annual dividend increases as well as its turnaround strategy going, UPS can beat the market in the next five years. The parcel delivery giant hopes the next few years will be better than the past five.

The company announced better-than-expected Q3 2025 results last October, and positive momentum from FedEx's solid performance has enhanced sentiment throughout

UPS closed its distribution center in Montgomery, Alabama, in February 2026. The company eliminated 128 jobs. Workers received no severance pay or relocation help. UPS filed a WARN notice on December 23,

The National Transportation Safety Board has released a new investigative update into the crash of UPS Airlines Flight 2976, providing additional detail on the structural failure that occurred shortly after takeoff.