The company reported weakness in the international airfreight market and provided a downbeat current-quarter earnings outlook.
Many businesses that depended on air travel or airfreight were suddenly surprised.
GF-X.com, which is creating a marketplace on the Internet for trading airfreight capacity.
Wolfe also leads the dozen airfreight and logistics analysts in StarMine's database in three-year performance, with an excess return averaging 11.5%.
People handling airfreight are aware of valuable consignments because every cargo shipment carries a waybill, which is similar to a passenger's boarding pass.
Airfreight is a big added cost for races outside Europe, so halving the footprint and weight, versus the previous solution significantly reduced costs.
In 2006 Wolfe generated a 9.6% excess return, that being how much his stock picking in one of his sectors, airfreight and logistics, beat the sector return.
And in terms of fuel consumption, railroads are more than 10 times as efficient as trucks and about 30 times more efficient than airfreight, according to the Dept. of Energy.
FORBES: With Economy Chugging Along, Rail Stocks Seen As Best Transport To Higher Gains
Through a strategy of acquisition and diversification, he has transformed the group into Europe's biggest rail-freight operator, Germany's biggest bus operator, and the world's number two in airfreight and number three in sea-freight.
But each day its 226 offices in 70 countries keep track of 3, 000 shipping containers and 2 million pounds of airfreight as it moves jeans for Gap, laptops for Hewlett-Packard and phones for Motorola.
The 100-year-old UPS now has a broader array of services, including freight forwarding, heavy airfreight and logistics planning, and is taking full advantage of burgeoning international trade to fuel growth, says Bank of America analyst Scott D.
The 100-year-old UPS now has a broader array of services, including freight forwarding, heavy airfreight and logistics planning, and is taking full advantage of burgeoning international trade to fuel growth, says Bank of America (nyse: BAC - news - people ) analyst Scott D.
应用推荐