UPS is seeing year-on-year volume growth in the U.S. in the second half of the year, following nine quarters of weak demand since the end of the early pandemic e-commerce surge in late 2021
surpassed Wall Street estimates for quarterly profit and raised its full-year adjusted operating margin forecast on Thursday, after it hived off its volatile truckload brokerage business, Coyote Logistics.
. This has exacerbated the shift from premium air services to less expensive ground services and then to the even more low-profit SurePost services, where UPS picks up packages and hands about 60 per cent of them off to the U.S. Postal Service for final delivery.
Share Ups Profit Services Company Shift Estimate United States Postal Service United Parcel Service USPS
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