UPS revenues up by more than 6%

As reported by Post & Parcel
Friday, April 28, 2017

UPS has announced that its revenues for the first quarter (Q1) of 2017 were up 6.2% on last year at $15,315m.

The company said that revenue grew “in all segments and in all major product categories”.

“Revenue came in strong this quarter with all segments adding to the topline,” commented David Abney, UPS chairman and CEO. “We are accelerating investments to create the industry’s leading smart global logistics network and value-creating portfolio. UPS customers are benefiting from expanded capacity, choice and improved time-in-transit, while technology solutions continue to deliver efficiencies.”

E-commerce deliveries played a leading role in driving up revenues.

Read the article here

Ken Wood is the founder of LJM Consultants. LJM helps clients negotiate “Best in Class” UPS/FedEx agreements. LJM was recently named the “best parcel auditing company in America” and was also inducted into Inc. Magazine’s Top 500/5000 fastest growing companies in America for 2013. To learn how LJM Consultants can help your company get the parcel contract you deserve, call 631-844-9500 or email kenwood@myLJM.com.