UPS profit tops estimate as online demand rises

Discussion in 'The Latest UPS Headlines' started by cheryl, Jul 25, 2018.

  1. cheryl

    cheryl I started this. Staff Member

    UPS profit tops estimate as online demand rises - Reuters

    Revenue at the company’s U.S. package services rose 6.3 percent versus a year ago, fueled by e-commerce demand and increased revenue per piece.

    The rapid rise in online shopping has been a boon for so-called “last-mile” shipping, but UPS has struggled to bring down the extra costs of delivering small numbers of packages to individual households.

    Chief Executive David Abney has promised to deliver higher margins by pumping billions of dollars into network upgrades and expansions to handle the growth from e-commerce, and he is under pressure from some analysts and investors who want faster returns on those investments.
  2. But yet they are offering us a garbage contract.

    • Like Like x 2
    • Agree Agree x 1
    • List
  3. Fitbit App :)

    Fitbit App :) Vote! We all agree everybody should vote

    UPS $117.42 up +$5.00

    It's pretty much settled now. Nothing we can say or do to change that. It's in the books. :)

    2023-2028 contract will be interesting.
  4. Thanks Dave
  5. Fitbit App :)

    Fitbit App :) Vote! We all agree everybody should vote

    You're welcome.

    No hard feelings, k?

    Good Luck to you & yours. ❤️
  6. No hard feelings. Enjoy retirement
  7. Jkloc420

    Jkloc420 Well-Known Member

    i already read it, all that furniture and trampolines
  8. Jkloc420

    Jkloc420 Well-Known Member

    enjoy it i guess gumby
  9. I will
  10. Jkloc420

    Jkloc420 Well-Known Member

    you are a communist
  11. Just like @Turdferguson
  12. Jkloc420

    Jkloc420 Well-Known Member

  13. @Tony Q says vote no
  14. Jkloc420

    Jkloc420 Well-Known Member

    that guy drove into the protestors
  15. LMFAO
  16. Jkloc420

    Jkloc420 Well-Known Member

    he wants a yes vote so bad
  17. olroadbeech

    olroadbeech Happy Verified UPSer

    you're welcome

    i order something online 3-4 times a week.
  18. Coldworld

    Coldworld Bad mall donut!!!

    As much as it hurts me to say this I don’t think dave is as stupid as that mgt troll....
  19. Indecisi0n

    Indecisi0n Well-Known Member

    But they need that extra money to expand. Let's give it to them now, I'm sure we will get ours on the other side.