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Pandemic e-commerce boom may be slowing
E-commerce spending may be slowing after a pandemic boom, according to the latest financial reports from UPS and Amazon. UPS shares fell to the lowest in three months this week after domestic US volume in its second quarter ...
UPS reports revenue surge fuelled by online shopping boom
United Parcel Service (UPS) has reported a 13.4% year-on-year jump in revenue for its second quarter, reaching $20.5 billion. This means it beat analysts' forecasts of around $17.5 billion. The company reported an average d...
Business Insider takes a look inside UPS driver training school
Hayley Peterson, a senior correspondent for Business Insider, took a look inside Integrad, the UPS driver training school, to see how students learn to drive and deliver safely for the world’s largest courier company. ...
China flights have been made voluntary for UPS pilots
The union representing UPS pilots has reached an agreement with the company to make flights to mainland China voluntary as the coronavirus crisis unfolds. Pilots and crewmembers with concerns about their safety can opt to be...
UPS predicts record-breaking holiday returns volume
UPS is expecting record-breaking parcel returns volume this holiday season, both before and after Christmas. The courier company has predicted that on January 2nd, which it has dubbed National Returns Day, 1.9 million return...
UPS operating profit up by more than 20% year-on-year
UPS reported an operating profit up by more than 20% year-on-year for its third quarter earnings report, the highest in the company’s history. Consolidated revenue rose 5% to $18.3 billion. Daily volume for US shipment...