UPS Q2 Volume Gain Ahead of ScheduleUnited Parcel Service reported yesterday that domestic package volumes for the second quarter of 2005 are rising ahead of expectations and that international volumes are increasing as expected.
The company did not specify the exact rate of the domestic volume increase but said that international volumes are expected to rise at a double-digit percentage rate for the second quarter. UPS attributed the volume growth to an increased focus on the midsize customer market, including a realignment of its senior U.S. management to focus on midsize companies.
UPS expects 2 percent volume growth for the year, and the company is ahead of that projection. For the first quarter of 2005, UPS reported a 3 million-piece increase over volumes in the same period in 2004.
Scott Hovanyetz covers telemarketing, production and printing and direct response TV marketing for DM News and DMNews.com. To keep up with the latest developments in these areas, subscribe to our daily and weekly e-mail newsletters by visiting www.dmnews.com/newsletters