AppleMagazine

DEMAND FOR FAST, ONLINE DELIVERY DRIVES UPS 3Q

UPS is doing booming business in next-day deliveries in the United States while keeping costs under control, but the weakening global economy is contributing to disappointing revenue growth.

The delivery giant said that its third-quarter profit rose 16% to $1.75 billion. Revenue, however, fell short of Wall Street expectations.

UPS also announced that Chief Operating Officer Jim Barber will retire

You’re reading a preview, subscribe to read more.

More from AppleMagazine

AppleMagazine4 min read
‘Shardlake’ Is A Tudor-era Mystery Series. It’s Also A Win For Disabled Characters, Its Star Says
Matthew Shardlake steps out of the pages of the late C.J. Sansom’s popular historical mystery novels and into a new show, bringing with him disability representation. “We don’t see a lot of leading disabled characters,” says Arthur Hughes, who plays
AppleMagazine4 min read
GOOGLE & APPLE NOW THREATENED BY THE US ANTITRUST LAWS THAT HELPED BUILD THEIR TECHNOLOGY EMPIRES
The U.S. Justice Department’s double-barreled antitrust attack on Google’s dominant search and Apple’s trendsetting iPhone is reviving memories of the epic battle that hobbled Microsoft before it roared back to yet again become the world’s most valua
AppleMagazine1 min read
FCC Fines Wireless Carriers For Sharing User Locations Without Consent
The Federal Communications Commission has leveraged nearly $200 million in fines against wireless carriers AT&T, Sprint, T-Mobile and Verizon for illegally sharing customers’ location data without their consent. “These carriers failed to protect the

Related Books & Audiobooks