UPS has reported a 23 percent bounce in third-quarter operating profits.
The strong operating profit growth was led by the US Domestic and International segments. US Domestic performed exceptionally well year-over-year, with volume gains across all products.
“Our results reflect significant progress from our transformation initiatives, and our ability to generate growth and deliver increased efficiencies in a dynamic economic environment,” said David Abney, UPS chairman and CEO. “As we recently announced, we continue to forge new partnerships and create innovative solutions to accelerate growth in the most attractive opportunities.”
Full results can be found here.