I started this.
UPS profit rises as e-commerce shipping speeds up - CNBC
- United Parcel Service said demand for its Next Day Air and Ground services drove better-than-expected quarterly profit as large retailers rushed packages to online shoppers.
- Next Day Air volume surged an unexpected 30% in UPS’ key domestic business during the second-quarter, as Amazon.com and other large retailers adopted one-day shipping. More profitable Next Day Air and Ground services helped boost margins in the United States.