UPS reports record Q1 profits in each of its segments

Asia-Pacific export growth drives average daily volume increase

A UPS MD-11F at Kansas City Airport. Photo/UPS

Once again, UPS knocked it out of the ballpark as it reported record first-quarter profits in all of its segments. Total revenue increased 27% to $14 billion while total operating profit jumped a staggering 158% to $2.8 billion. An improving environment saw total average daily volumes increase 14.3% year over year and the international average […]

 

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