UPS Forecasts Holiday Volume

UPS expects to deliver more than 630 million packages between Black Friday and New Year’s Eve, an increase of more than 10 percent over holiday deliveries last year. This UPS peak holiday shipping period includes an additional shipping day before Christmas versus 2014. The company plans to deliver about 36 million packages on Tuesday, Dec.…

UPS 3Q Results

UPS today announced third quarter 2015 diluted earnings per share of $1.39, a 5.3% increase over the same period last year. International operating profits were up more than 10% to $507 million, driving company-wide results higher. Currency exchange rates and lower fuel surcharges reduced total revenue slightly to $14.2 billion. On a currency-neutral basis revenue…

UPS Announced 2016 Rates

Effective December 28, 2015, UPS Ground rates and accessorial charges will increase by an average net 4.9 percent. UPS Air and International services and accessorials, including UPS Air Freight rates within and between the U.S., Canada and Puerto Rico, will increase an average net 5.2 percent. UPS Freight® rates will increase an average net of…

UPS 2Q Results

UPS today announced second quarter 2015 diluted earnings per share of $1.35, a 12% increase over adjusted results for the same period last year. All three segments improved operating profit and margin, led by International and Supply Chain and Freight performance. Currency exchange rates and lower fuel surcharges reduced total reported revenue growth. Total revenue…