UPS

UPS 3Q revenue drops nearly 15%

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UPS on October 22 reported revenues of $11.2 billion for this year's third quarter, a year-over-year decline of 14.9% from last year's $13.1 billion. The shipper also saw its average volume per day drop 3.9% from 14.9 million packages to 14.3 million. Operating profit during the third quarter dropped to $929 million from $1.63 billion last year, a decrease of 43%.

Report: UPS to test DM service next week

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UPS will jump into the direct marketing arena next week, testing a service that will allow advertisers to provide offers and product samples to UPS customers.

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