, the hard-fought battle against the COVID-19 pandemic turned another chapter.
However, as companies adapt to the manufacturing and distribution procedures, significant winners are also expected to emerge. That's according to Bank of America's global research team, which has examined regions and groups to better understand which companies are best positioned to benefit. For example, Bank of America analyst Ken Hoexter has forecasted a domestic US target revenue opportunity of $100 million to $300 million for UPS and FedEx each, according to a December 9 research note. But the actual impacts on the two companies' revenues are low-to-medium given their already heavy shipping volumes.
Further complicating the matter is that companies will likely benefit to varying degrees because of the different roles they play in the rollout process.