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UPS revenues rose 11.5% to $27.8 billion in its fourth-quarter 2021 results. Operating profit was up 91% at $3.9 billion, compared to the fourth quarter of 2020, and 37.7% on an adjusted basis. Domestic revenue rose 12.4% to $17.7bn and international revenue by 13.1% to $5.4bn.
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UPS says it has now delivered a billion Covid-19 vaccine doses – and with near-perfect on-time accuracy in just a year.
The global UPS network and dedicated UPS employees not only supported healthcare customers and global organizations, but also joined in public-private partnerships to provide vaccines and cold chain expertise to ...
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UPS announced third-quarter consolidated revenue of $23.2 billion, up 9.2% 2020. Consolidated operating profit was $2.9 billion, up 22.6% and 23.4% on an adjusted basis. Diluted earnings per share were $2.65 for the quarter, 18.3% above the same period in 2020, and up 18.9% on an adjusted basis.
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UPS has officially opened its expanded air hub at East Midlands Airport. The36,000sq m operation can now sort up to 22,500 packages per hour – more than twice the capacity of the previous facility and scale up more easily during peak periods. There are six daily flights to key markets, ...
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UPS announced a second-quarter 2021 consolidated revenue of $23.4 billion on 27 July, a 14.5% increase over the second quarter of 2020. The company also revealed a consolidated operating profit of $3.3 billion, up 47.3% compared to the second quarter of 2020, and up 40.8% on an adjusted basis. While ...
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UPS is expanding its suite of cold chain technologies for pharmaceutical traffic. UPS Cold Chain Solutions will provide pharmaceutical companies, healthcare providers and laboratories a full, end-to-end cold chain service offering, including storage and distribution, transportation, visibility, and quality assurance.
UPS Healthcare is expanding its cold chain storage capacities with some ...
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UPS reported first-quarter 2021 consolidated revenue of $22.9 billion, a 27% increase over the first quarter of 2020. Consolidated average daily volume increased 14.3% year over year. Consolidated operating profit was $2.8 billion, up 158% compared to the first quarter of 2020, and up 164% on an adjusted basis. Diluted ...
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Daniel Carrera has been appointed as the new president of UPS Europe. A Spanish national, he is the second European president of UPS Europe. He has held several senior leadership positions across the region, and was most recently president, West Europe District, alongside acting as the international ambassador for diversity and ...
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UPS’s Polar Speed arm has opened a new 100,000sq ft healthcare logistics facility in Birmingham to help address the increasing need for last-mile Covid-19 vaccine delivery and other healthcare logistics support. The combined hub, depot, and warehouse facility will be staffed by more than 100 employees, with capacity to store ...
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UPS is relaxing its ban on facial hair in its latest employee guidelines, reports the BBC. The parcels giant now allows public facing employees to sport facial hair like beards and moustaches as long as they are worn in a business-like manner and do not create safety concerns.
It said the ...
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