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UPS Purchases 14 New 747-8F Jumbo Freighters
10.27.16 | US
New Cargo Aircraft Add Fleet Capacity and Flexibility in UPS Global Air Network
Editor’s note: Photos, Videos and Fact Sheet are available at this link.
UPS (NYSE:UPS) today announced it has ordered 14 new Boeing 747-8 cargo jets to meet increased demand for the company’s air shipping services. UPS’s long term strategy is to increase customers’ access to global markets and air shipments are a major growth opportunity for the company. The 747-8s will enable UPS to begin a cascade of aircraft route reassignments that will add significant air capacity to the company’s busiest lanes, thereby optimizing global air network capacity well beyond the impact of adding new cargo jets.
UPS Drives Higher Profit In 3Q16
10.27.16 | US
- 3Q16 Diluted Earnings per Share Increased to $1.44
- U.S. Domestic Deliveries per Day Climb 5.7% Driven by Ecommerce
- Deferred Air Shipments Jump 10% and Next Day Air Increased 5.9%
- International Operating Profit up 14% on Daily Package Growth of 7.5%
- Daily Export Shipments up 7.1% Led by Double-Digit Gains in Asia
- Total UPS Revenue up 4.9% with Headwinds from Fuel and Currency
UPS (NYSE:UPS) today announced third-quarter 2016 diluted earnings per share of $1.44, a 3.6% increase over the same period last year. International operating profit increased 14% to $576 million, achieving the seventh consecutive quarter of double-digit growth.
Longitudes: The UPS Blog
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