UPS Inc. posted better-than-expected second-quarter earnings July 26, thanks in part to a big leap in the price of domestic parcel revenues during the three-month period that ended June 30.
July 26, 2022UPS News Updates
UPS Beats Q2 Estimates, but Delivery Volume Drops More Than Expected
UPS Expands Cargo Services in India to Seize Airfreight Boom
UPS Inc. opened a second airport cargo-handling facility in India to capture soaring pandemic-driven demand for airfreight.
July 19, 2022IndiGo Founder Partners With UPS for Logistics Venture
The biggest shareholder of India’s largest airline, IndiGo, teamed up with UPS Inc. to tap the South Asian nation’s growing logistics market.
May 26, 2022UPS Reports Strong Q1 Earnings Amid Lower Package Volume
UPS Inc. reported first-quarter earnings that exceeded Wall Street expectations, saying its quarterly income increased to $3.3 billion compared with $2.77 billion in the first quarter of 2021.
April 26, 2022Amazon, UPS’ Biggest Customer, Is Also Its Biggest Competitive Threat
Amazon delivered more than 5 billion packages in the U.S. in 2021, while UPS delivered roughly 5.5 billion U.S. packages, according to company figures and industry estimates. Amazon has said it could surpass UPS this year, and it’s not alone in that prediction.
April 14, 2022UPS Puts Forth Black History Month Initiatives
UPS Inc. detailed recent actions it has taken to support and empower Black communities to mark the start of Black History Month.
February 18, 2022UPS Surges After 2022 Forecasts Exceed Wall Street’s Estimates
UPS Inc. on Feb. 1 announced record fourth-quarter and full-year financial results, as online holiday shopping boosted home parcel deliveries while an increase in medical shipments kept the company’s drivers and trucks busy.
February 1, 2022UPS Reports Strong Third-Quarter Gains
UPS Inc.’s strategy to focus on more profitable segments of the shipping business paid off in the third quarter as its revenue per item shipped rose 13% and earnings climbed.
October 26, 2021UPS, FedEx, USPS Set Holiday Shipping Dates
Though it’s not yet Halloween, delivery companies UPS Inc., FedEx Corp. and the U.S. Postal Service have released their recommended deadlines to ship packages in time for the holidays.
October 12, 2021UPS, FedEx, Walmart Hunting for Holiday Staffing
NEW YORK — All employers want for Christmas is some holiday help. But they might not get their wish. Companies like UPS Inc., FedEx Corp. and Walmart Inc. that typically hire thousands of seasonal workers are heading into the holidays during one of the tightest job markets in decades, making it unlikely they will find all the workers they need.
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