UPS Quarterly Profits Break Record

December 5, 2006: UPS’s third-quarter after-tax profits rose to $1.04 billion, with strong growth in domestic and international shipments. Profit in the largest business line, domestic packages, rose 8.8 percent and international profits jumped 22 percent.

UPS reported only one weak spot: integration of Menlo Forwarding (UPS Cartage Services Inc.) and Overnite (UPS Freight).

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