UPS profit rises ahead of peak holiday season

[cheryl]

UPS profit rises ahead of peak holiday season - Reuters

United Parcel Service Inc reported better-than-expected quarterly profit and revenue on Tuesday, bolstered by strong e-commerce demand that has driven the delivery giant to raise shipping rates and cherry-pick more profitable customers.

The Atlanta-based company, which is heading into the peak holiday delivery season, raised its forecast for full-year adjusted operating margin to 13% from 12.7%.

UPS shares jumped 6.7% to $217.46 on the results, which also lifted rival FedEx 1.7%.

UPS again plans to hold customers to agreed-upon holiday volumes to avoid overloading its facilities and staff. Volume growth for its biggest customers, including No. 1 user Amazon.com, will decline as UPS works to deliver more packages for small businesses and commercial users.

 

[IVE GOTTA PACKAGE 4U]

They can start by getting rid of all those Amazon overweights and big pieces of furniture

 

[Sportello]

Cha-Ching$$$$$

 

[Jkloc420]

They can start by getting rid of all those Amazon overweights and big pieces of furniture

And dog food

 

[Sportello]

And dog food

I’m the guy that makes you set it inside the door, package boy.

I am up over $900k on UPS alone today.
Invest wisely.

 

[IVE GOTTA PACKAGE 4U]

I’m the guy that makes you set it inside the door, package boy.

I am up over $900k on UPS alone today.
Invest wisely.

Your package is be sitting in the bottom of the driveway buddy boy unless you have a big old fat Christmas tip Mr Big bucks

 

[Sportello]

Your package is be sitting in the bottom of the driveway buddy boy unless you have a big old fat Christmas tip Mr Big bucks

I tip the garbage man, not you. I have the number to the center, Ms Small Change.

Don’t speed on my street, I’ll call it in. Corporate hates uppity Union.

 

[IVE GOTTA PACKAGE 4U]

I tip the garbage man, not you. I have the number to the center, Ms Small Change.

Don’t speed on my street, I’ll call it in. Corporate hates uppity Union.

My telematics will show that and not speeding down your street

If it's dark outside I might piss in the front lawn

 

[burrheadd]

I’m the guy that makes you set it inside the door, package boy.

I am up over $900k on UPS alone today.
Invest wisely.

Ain’t sitting inside your front door

The number is 1-800-yada-yada

 

[Fido]

I tip the garbage man, not you. I have the number to the center, Ms Small Change.

Don’t speed on my street, I’ll call it in. Corporate hates uppity Union.

I’ll call them for you

 

[eats packages]

Honestly one of the most predictable earnings beats I've ever seen.
We're literally experts on managing exorbitant labor costs and bulking up on extra workers.