UPS Announces Multiple Tech-Enabled Services, New Customers And Partners

Continued Rapid Introduction of Services and Capabilities Supporting Customer Needs

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UPS Releases 3Q 2019 Earnings

Operating Profit Up More Than 20%, with Margin Expansion in All Segments

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Jim Barber, UPS Chief Operating Officer Announces Retirement

10.22.19 | US

UPS (NYSE:UPS) today announced Jim Barber, 59, UPS Chief Operating Officer will retire at the end of December 2019.  As UPS COO, Barber is responsible for the company’s global small package, freight, supply chain and freight forwarding units and global engineering. Serving UPS for nearly 35 years, he joined the company as a delivery driver in 1985 and rose through positions of increasing responsibility.

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UPS Releases 3Q 2019 Earnings

10.22.19 | US

Operating Profit Up More Than 20%, with Margin Expansion in All Segments

  • 3Q19 EPS of $2.01, Up More Than 16%; Adjusted* EPS Up 13.7% to $2.07
  • U.S. Daily Volume Grew Above 9%; Next Day Air Volume Jumped Nearly 24%
  • U.S. Operating Profit Rose Over 28%; Grew Nearly 26% on an Adjusted Basis
  • Positive Operating Leverage in U.S. Driven by Lower Unit Cost
  • International Operating Profit Up 24.4%; and 20.3% on an Adjusted Basis
  • Supply Chain and Freight Operating Margin of 7.3%; Adjusted Margin of 7.6%
  • Reaffirms 2019 Adjusted EPS and Raises Adjusted FCF Target to Over $4.0B

UPS (NYSE:UPS) today announced third-quarter 2019 adjusted earnings per share of $2.07, a 13.7% increase over the same period last year.  The company delivered strong operating profit growth of more than 20%, led by the U.S. Domestic and International segments. U.S. Domestic performed exceptionally well year-over-year, with volume gains across all products.  

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Longitudes: The UPS Blog

We’ve Moved!

Mon, 15 Jul 2019 03:30:16 GMT

New look, same great content. Longitudes | UPS   We started Longitudes in 2014 with one goal: to share UPS’s best and brightest ideas with the world. We’ve grown tremendously during the past five years — bringing together UPS and external thought leaders in logistics, technology, sustainability and global trade. But with that growth comes […]

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