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UPS Drives Higher Profit In 3Q16

10.27.16 | US

  • 3Q16 Diluted Earnings per Share Increased to $1.44 
  • U.S. Domestic Deliveries per Day Climb 5.7% Driven by Ecommerce
  • Deferred Air Shipments Jump 10% and Next Day Air Increased 5.9%
  • International Operating Profit up 14% on Daily Package Growth of 7.5%
  • Daily Export Shipments up 7.1% Led by Double-Digit Gains in Asia
  • Total UPS Revenue up 4.9% with Headwinds from Fuel and Currency

UPS (NYSE:UPS) today announced third-quarter 2016 diluted earnings per share of $1.44, a 3.6% increase over the same period last year.  International operating profit increased 14% to $576 million, achieving the seventh consecutive quarter of double-digit growth. 

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UPS Mobilizes Global Logistics Network For Hurricane Matthew With $1 Million In Financial And In-Kind Support

10.24.16 | US

Company Collaborating with American Red Cross, CARE,  Salvation Army, UNICEF and WFP to Provide Life Sustaining Relief Supplies and Logistics Expertise

The UPS Foundation, which leads the global citizenship programs for UPS (NYSE: UPS), today announced more than USD $1 million in emergency funding and in-kind support to help response and recovery efforts following the destructive hurricane that recently ravaged Haiti, the Dominican Republic, Florida, Georgia, South Carolina and North Carolina. The UPS Foundation contributions of logistics support will enable the provision of urgent relief efforts.

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Longitudes: The UPS Blog

Look Ma, No Driver!

Thu, 27 Oct 2016 03:30:20 GMT

A French startup has launched the first fully autonomous, driverless vehicle. The Arma is convenient and cool. But are you ready to take a test drive? Dr. Andy Rogers | Navya This is Part 2 of Routes to the Future: How We’ll Get Around, in which we explore the innovations – and obstacles – of a […]

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