United's $0.99 Billion Surge Boosts Trading Rank to 99th as UPS Slumps 0.85%

On September 8, 2025, , . . Meanwhile, .

Recent developments suggest shifting dynamics in the logistics sector as United navigates evolving supply chain demands. The company has reportedly prioritized infrastructure upgrades to address seasonal capacity constraints, a move analysts say could stabilize long-term margins amid fluctuating freight volumes. Operational adjustments, including route optimization strategies, are being closely monitored for their impact on cost structures.

Market participants remain attentive to United’s capital allocation decisions, with recent disclosures indicating potential reinvestment of surplus cash into technology-driven efficiency programs. These initiatives align with broader industry trends toward automation, though execution risks persist given current macroeconomic uncertainties.

To run this back-test accurately I need to make sure we’re working from the same set of assumptions and an agreed-upon stock universe. Could you please confirm (or amend) the items below? 1. Market universe • Do you want all U.S. common stocks that were listed at the time (NYSE + NASDAQ + AMEX), or a narrower universe such as the current S&P 500 constituents? • If you prefer “all U.S. stocks,” our platform will have to pull daily data on several thousand tickers; let me know if that scope is acceptable. 2. Daily selection rule • Rank by the previous trading day’s dollar volume or share volume? • Execution price: buy the selected names at the next day’s open and liquidate at the same day’s close (i.e., one-day holding period), equal-weighting the 500 positions. Is that what you intend? 3. Practical details • Transaction costs/slippage: ignore for now (i.e., 0 bps), unless you want a specific charge applied. • Risk controls: none (pure daily re-balance), unless you’d like stop-loss, take-profit or max-hold-days limits. Once I have these clarifications I can set up the retrieval plan and run the back-test.