Investors in package delivery companies United Parcel Service (NYSE: UPS) and FedEx Corporation (NYSE: FDX) are likely pleased with 2016 so far. In a year when global growth has disappointed, both stocks have outperformed the S&P 500, partially because of both are taking advantage of positive trends in e-commerce growth and the ongoing strength of the consumer.
UPS, in particular, has been firing on all cylinders as of late. With this in mind, let’s take a look at UPS’s recent earnings call and five ways management is adjusting to circumstances.