DEMAND FOR FAST, ONLINE DELIVERY DRIVES UPS 3Q
Oct 26, 2019
2 minutes
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
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