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Brown Cafe UPS Forum
The Latest UPS Headlines
UPS Reaps the Reward of Price Increases
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<blockquote data-quote="Returntosender" data-source="post: 2988509" data-attributes="member: 29240"><p>9:18 ET - Investors will be heartened to see that margins in United Parcel Service's (UPS) large domestic unit came in at their highest level in nearly two years. The metric hit 14.3% in 2Q, and UPS hasn't been about 14% since 3Q15. That comes even as UPS took on about $35M in additional operating costs this period as it expands into Saturday delivery. If there's one thing tempering enthusiasm for the period, it's that UPS says the period was aided by 10c/sh, primarily from new fuel surcharges and workers compensation, reducing the bottom line beat to just a penny or two. UPS slips 0.7% premarket.</p></blockquote><p></p>
[QUOTE="Returntosender, post: 2988509, member: 29240"] 9:18 ET - Investors will be heartened to see that margins in United Parcel Service's (UPS) large domestic unit came in at their highest level in nearly two years. The metric hit 14.3% in 2Q, and UPS hasn't been about 14% since 3Q15. That comes even as UPS took on about $35M in additional operating costs this period as it expands into Saturday delivery. If there's one thing tempering enthusiasm for the period, it's that UPS says the period was aided by 10c/sh, primarily from new fuel surcharges and workers compensation, reducing the bottom line beat to just a penny or two. UPS slips 0.7% premarket. [/QUOTE]
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UPS Reaps the Reward of Price Increases
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