UPS Announced 2020 Rates

Effective December 29, 2019, the published rates for our services will increase. Below is an overview of the 2020 Rates. A Rebill fee will be assessed for each request to change the billing account for a shipment. A Prohibited Item fee will apply to packages containing prohibited articles or restricted articles not in compliance with all UPS…

UPS 3Q19 Results

During the third quarter of 2019, consolidated revenue increased 5.0% to $18.3 billion and net income increased 13.7% to $1.8 billion. U.S. Domestic Segment Revenue increased 9.8% to $11.5 billion. Operating profit increased 25.7% to $1.2 billion. International Segment Revenue decreased 4.5% to $3.4 billion. Operating profit increased 20.3% to $693 million. Supply Chain and…

UPS 2Q19 Results

During the second quarter of 2019, consolidated revenue increased 3.4% to $18.1 billion and net income was flat at $1.68 billion. U.S. Domestic Segment Revenue increased 7.7% to $11.1 billion. Operating profit increased 8.0% to $1.2 billion. International Segment Revenue decreased 2.7% to $3.5 billion. Operating profit increased 1.7% to $665 million. Supply Chain and…

UPS 1Q19 Results

During the quarter 2019, consolidated revenue was flat at $17.1 billion and net income dropped 17.4%.   U.S. Domestic Segment Revenue increased 2.5% to $10.5 billion. Operating profit decreased 11.9% to $666 million.   International Segment Revenue decreased 2.1% to $3.46 billion. Operating profit decreased 11.1% to $528 million.   Supply Chain and Freight Segment…