UPS earnings soar 71 per cent
11-Aug-2010
UPS reported a 71 per cent jump over the adjusted earnings of the prior-year period. Global revenue increased 13 per cent, generating a 57 per cent increase in operating profit to US$1.4 billion. Forwarding was the most successful business unit with tonnage growth exceeding 30 per cent. However, margin expansion was limited due to capacity constraints in the global airfreight market......WOUNDER WHAT CAUSED THIS?
EVERYTHING IS UP EXCEPT THE AIR SIDE. PARK AIRCRAFT, LAY-OFF PILOTS & MECHANICS & THE AIR SIDE CAN'T KEEP UP!
11-Aug-2010
UPS reported a 71 per cent jump over the adjusted earnings of the prior-year period. Global revenue increased 13 per cent, generating a 57 per cent increase in operating profit to US$1.4 billion. Forwarding was the most successful business unit with tonnage growth exceeding 30 per cent. However, margin expansion was limited due to capacity constraints in the global airfreight market......WOUNDER WHAT CAUSED THIS?
EVERYTHING IS UP EXCEPT THE AIR SIDE. PARK AIRCRAFT, LAY-OFF PILOTS & MECHANICS & THE AIR SIDE CAN'T KEEP UP!