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 profits remain strong despite natural disasters

Profits in the third quarter dipped marginally for UPS with the US domestic package sector declining but international packages and supply chain & freight performing strongly. Third quarter net profits were down 0.5 per cent to $1.26 billion, with operating profits remaining at $2 billion. US domestic package operating profits were down 5.6 per cent […]

UPS revenue grows 6.2% but fuel and currency hit operating profits

Revenue at UPS has grown 6.2 per cent in the first quarter of 2017 to $15.3 billion but fuel costs and currency effects affected operating profits. Operating profits dipped 2.1 per cent to $1.78 billion with declines in the US domestic package and international package sectors though net profit was up 2.4 per cent to […]

Domestic and international packages make up for weak freight at UPS

UPS has seen second quarter net profits increase by 3.2 per cent to $1.27 billion with US domestic and international packages making up for supply chain & freight weakness. The operating profit was up four per cent to $2 billion, with US domestic growing 2.7 per cent to $1.2 billion, followed by international package up […]

UPS first quarter profits increase by 10%

UPS has seen first quarter profits increase by 10.2 per cent to $1.1 billion with growth in all business areas except supply chain & freight. The company saw the net profit increase from $1 billion in the first quarter of 2015 and operating profit was up by nine per cent to $1.8 billion. Among the […]