United Parcel Service, Inc. and Old Dominion Freight Line, Inc.: A Detailed Gross Profit Analysis

UPS vs. Old Dominion: A Decade of Profit Growth

__timestampOld Dominion Freight Line, Inc.United Parcel Service, Inc.
Wednesday, January 1, 201468748800026187000000
Thursday, January 1, 201575749900027335000000
Friday, January 1, 20167446270005467000000
Sunday, January 1, 20178753800007529000000
Monday, January 1, 201811442430007024000000
Tuesday, January 1, 201911702160007798000000
Wednesday, January 1, 202012285980007814000000
Friday, January 1, 2021177506000012810000000
Saturday, January 1, 2022225612600013094000000
Sunday, January 1, 2023207219900017231000000
Monday, January 1, 202425022000000
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Unleashing insights

A Tale of Two Giants: UPS and Old Dominion Freight Line

In the world of logistics and freight, United Parcel Service, Inc. (UPS) and Old Dominion Freight Line, Inc. have carved out significant niches. Over the past decade, from 2014 to 2023, these companies have shown remarkable growth in gross profit, reflecting their strategic prowess and market adaptability.

UPS: A Steady Climb

UPS, a global leader in package delivery, has seen its gross profit fluctuate but generally rise, peaking in 2023 with a 172% increase from its 2016 low. This growth underscores UPS's ability to adapt to changing market demands and expand its service offerings.

Old Dominion: A Freight Powerhouse

Old Dominion, specializing in less-than-truckload shipping, has consistently increased its gross profit, achieving a 202% growth from 2014 to 2022. This steady rise highlights its operational efficiency and strong market position.

Both companies exemplify resilience and innovation in the logistics sector, setting benchmarks for profitability and growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025