International Shipping Boosts UPS Profits

Share this content:
Strong gains in international shipping contributed to a 19 percent jump in adjusted net income and an 8.2 percent rise in revenue for the fourth quarter, United Parcel Service said yesterday.


For the full year, consolidated revenue increased 7.1 percent while operating profit rose 8.5 percent.


International package revenue rose 17 percent in the quarter, and operating profit increased 56 percent. U.S. package revenue rose 7 percent in the quarter while operating profit was up 9.6 percent.


UPS said its U.S. package volume should grow about 4 percent in 2004 while continued strength in the international segment should bring a 20 percent increase in profitability.


Loading links....
close

Next Article in Direct Mail

Sign up to our newsletters

Company of the Week

Since 1985, Melissa Data has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa Data offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

Find out more here »

DMN's Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here