UPS 4Q Results

UPS today announced earnings per share of $1.27 for the fourth quarter. During the quarter, the company delivered 1.5 billion packages, up 5.7% over last year. Record deliveries for Peak Season of 762 million were materially above last year and over plan. Demand for UPS Ground rose in the fourth quarter with volume growth of…

UPS 3Q Results

UPS today announced earnings per share of $1.45 for the third quarter. The Domestic segment continues to benefit from online retail customer demand for both UPS Next Day Air and Ground services, which drove a 3.9% increase in revenue over 3Q 2016.  The U.S. consumer increasingly prefers to shop online and UPS is benefiting from…

UPS Announced 2018 Rates

UPS today announced U.S. rate changes. Effective December 24, 2017, the rates for UPS Ground, UPS Air and International services, as well as UPS Air Freight rates within and between the U.S., Canada and Puerto Rico, will increase an average net 4.9%. UPS continues to make investments in the speed, scope and coverage of our…

UPS 2Q Results

UPS today announced earnings per share of $1.43 for the second quarter, a 6% increase over the same period last year. Total revenue was $14.6 billion, up 3.8% over the same quarter last year.  Revenue growth was reduced by changes in fuel surcharges and currency exchange rates. U.S. Domestic Segment Revenue of $9.02 billion, up 2.4%…