United Parcel Service (UPS) Inks 3-Year Shipping Agreements with PeriShip Global

United Parcel Service, Inc. (NYSE:UPS) is one of the best depressed stocks to buy in 2025. On July 29, the company entered into key agreements with PeriShip Global, LLC, a wholly owned subsidiary of VerifyMe Inc. (NASDAQ: VRME).

United Parcel Service (UPS) Inks 3-Year Shipping Agreements with PeriShip Global

Leonard Zhukovsky / Shutterstock.com

A regulatory filing indicates that PeriShip Global has entered into a UPS Digital Channel Program Agreement with the shipping and logistics giant. It has also entered into a UPS Partner API Access Agreement with UPS Digital, Inc. The three-year agreements will accord PeriShip access to designated UPS services at promotional rates.

Some of the services that the VerifyMe subsidiary stands to enjoy include proactive monitoring, weather tracking, and issue resolution through UPS digital channel applications. UPS will also provide PeriShip with the opportunity to develop interfaces to certain UPS APIs and access to UPS Access services.

United Parcel Service, Inc. (NYSE:UPS) is a global package delivery and supply chain management company. It provides a wide range of logistics solutions, including domestic and international package delivery, freight forwarding, and supply chain management services.

While we acknowledge the potential of UPS to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than UPS and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: Top 10 Medical AI Companies to Buy According to Analysts and 10 Best Rare Earth Stocks to Buy Now.

Disclosure: None. This article is originally published at Insider Monkey.