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Finance

Why United Parcel Service’s Operating Margin Declined in Q3 2018

Among the major road transportation (IYJ) companies, Old Dominion Freight Line (ODFL) reported an improvement of 280 basis points in its third-quarter operating margin to 21.6% from 18.8% in the third quarter of 2017.

Landstar System (LSTR) reported a 7.5% expansion in its third-quarter operating margin to 50.8% from 43.3% in the third quarter of 2017. Saia (SAIA) and XPO Logistics (XPO), major LTL (less-than-truckload) service providers, are set to release their third-quarter earnings on October 31 and November 1, respectively.

In the final part of this series, we’ll look at analysts’ recommendations for UPS and peers.

View more information: https://marketrealist.com/2018/10/why-united-parcel-services-operating-margin-declined-in-q3/

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See also  CNTFF | Market Realist

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