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Revenue growth lifts UPS profit, confirms 2016 outlook
July 29, 2016 by publisher · Leave a Comment
By Nick Carey CHICAGO (Reuters) – United Parcel Service Inc reported a higher quarterly net profit on Friday that met analyst expectations as revenue grew across its business units, and the company reaffirmed its full-year earnings outlook despite global economic uncertainty. Like other package delivery companies, UPS has benefited from a rapid rise in ecommerce, but has also struggled to bring down the extra costs associated with making stops at individual residential addresses rather than at businesses. …
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Revenue growth lifts UPS profit, confirms 2016 outlook