United's 116th-Ranked $0.79B Volume Hits as Antitrust Probe Targets Logistics Sector UPS Re-Examined in India

On August 15, 2025, United recorded a trading volume of $0.79 billion, a 28.59% decline from the previous day, ranking 116th in market activity. This follows a 0.08% decline in its share price. The logistics sector faces renewed scrutiny as Indian antitrust authorities move to cross-examine executives from key players, including UPS. The Competition Commission of India (CCI) has agreed to re-examine statements from UPS’s India operations, alongside rival firms, in a case initially cleared of collusion in 2023. The probe, driven by allegations from the Federation of Indian Publishers, centers on claims of coordinated pricing and fuel surcharge practices. UPS’s Managing Director in India, Abbas Panju, is among those to be questioned, raising potential regulatory risks for the company amid a rapidly expanding $14.3 billion Indian delivery market.

The CCI’s decision to revisit evidence marks a rare procedural shift in Indian antitrust cases. Previously, investigators relied on oral submissions to exonerate the firms, but publishers argue inconsistencies in earlier statements warrant further review. The case, now referred back to investigators, could prolong legal proceedings by months and impact corporate compliance strategies. While UPS and others have denied wrongdoing, the scrutiny may amplify operational uncertainties in a sector already navigating global antitrust precedents, such as the 2015 European Union fine against similar firms. For United, the renewed focus highlights regulatory vulnerabilities in its international operations, particularly in markets with growing e-commerce-driven demand.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day from 2022 to 2025 yielded a total profit of $10,720. Cumulative returns reached 1.08 times the initial investment, reflecting modest gains amid market fluctuations. High-volume stocks, often linked to investor sentiment and liquidity, provided opportunities for short-term gains, though outcomes remained subject to broader market dynamics.