鈥淲hat you鈥檙e seeing right now clearly is something of a relief rally when people have been pretty negative on the prospects for both FedEx and UPS,鈥 said Ari Rosa, an analyst at Citigroup.
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UPS Stuns Wall Street With Strong Profit and 34,000 Job Cuts
The results suggest CEO Carol Tom茅鈥檚 revival efforts are gaining traction after UPS struggled with slow demand, high expenses and uncertainty fueled by tariffs.
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