UPS 2nd Quarter Profits: $1.12 Billion
Headed into contract negotiations, UPS continues to make big profits.
UPS announced it made $1.12 billion in profits after taxes for the 2nd Quarter on $13.35 billion in revenue. Not a bad haul for three months.
Operating profit for U.S. domestic package jumped more than 12 percent. Package volume is up 3.5 percent. Not only are we delivering more packages; the company is making more money on every package we deliver. Average revenue per package increased 0.6 percent.
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