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UPS reported 14.5% year over year revenue growth in Q2’21 with a 7.1% drop in domestic, deferred package deliveries being offset by higher shipping rates and a surge in freight forwarding revenues. The domestic package decline was because “many of our brick-and-mortar enterprise... Read more →
Logistics provider UPS has reported a 21.0% year over year increase in revenues for Q4’20, beating analysts expectations by 9.0 percentage points. Outside the core package business there was a 40.1% surge in forwarding revenues, accelerating from 19.1% growth in Q3’20. The expan... Read more →
