UPS Profits: $2 Billion in Third Quarter of 2024, Volume Up

UPS released their profits and revenue financials yesterday for the third quarter of 2024, with higher than expected profits despite a slowdown in online sales in the United States.

Profits were $2.0 billion, up 22.8% over last year. Revenue was up 5.6%, to $22.2 billion for the quarter.

US Package volume was up 6.6% compared to the third quarter of 2023.

Read more here.

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