The strongest version of this narrative is that UPS is executing a deliberate pivot away from low-margin, high-volume e-commerce deliveries toward more profitable niches like healthcare and SMB logistics. The company’s operational streamlining—automation, workforce reductions, and facility closures—aligns with this strategy, suggesting a calculated response to industry pressures rather than reactive cost-cutting. The emphasis on returns and healthcare, where UPS claims market leadership, reinfor...