Domestic and international growth for UPS in Q3

Third quarter profits at UPS were up 13.7% to $1.8 billion with the US Domestic and International segments driving growth. Both the sectors recorded double digit increases in operating profits but the Supply Chain and Freight segment was down slightly due to trade uncertainty. Volumes on the US Domestic segment were up 9%, with Next […]

UPS first quarter profits increase 15% to $1.3 billion

UPS net income increased 15 per cent in the first quarter of 2018 with international packages and supply chain & freight making up for weaker US domestic profits. Net income increased by 15 per cent to $1.3 billion and revenue was up 10 per cent to $17.1 billion, with average yields rising by 4.3 per […]

UPS promotes Barber and Cesarone to new management roles

UPS has made changes to its senior management team, with Jim Barber being promoted to the role of chief operating officer, and Nando Cesarone taking over as international president. Barber has served as president of UPS International since 2013, with responsibility for distribution, forwarding, small package delivery, brokerage and customs compliance. He assumed responsibility for […]