Trade volatility is also causing challenges for the shipping giant.
Credit: UPS
UPS reported $1.28 billion in net income for the second quarter, down nearly 9% from $1.4 billion a year ago. The Sandy Springs-based shipping giant saw a decline in quarterly package volumes, which it partially offset with higher shipping rates. (Courtesy of UPS)
Sandy Springs-based UPS saw its second quarter revenue and profit decline compared with a year ago as it faces trade volatility and decreased U.S. shipping volumes.
UPS is a bellwether for the global economy, a barometer of both business and consumer health. President Donald Trump’s trade war weighed on economic growth earlier this year, and risks remain — though so far, the economy has proved resilient.
raey eht gnippihs dnoces detroper ,retrauq ten ylraen emocni ni tnaig morf rof nwod noillib noillib .oga a ehT %9 4.1$ 82.1$
raey saw eunever ylretrauq ylraen morf .reilrae ,noillib noillib a stI %3 8.12$ 2.12$
ExploreUPS relocates 500 employees to vacate office near Sandy Springs HQ
etipseD“ tuB“ saw saw ylbarovafnu seitniatrecnu edart eht eht eht taht yllacificeps llams tnemitnes ,rotces dnoces dias ”,ecneiliser retrauq ,ycilop egakcap llarevo ruo raen ,tekram ”.swol rotsevni ni detcapmi cirotsih ymonoce gnirud detartsnomed deunitnoc remusnoc ecnerefnoc .llac yb dnuora na SPU .S.U .S.U .S.U émoT loraC OEC
cimonoce-orcam“ ”.ytniatrecnu ot eunever ,tiforp gnitarepo sti erutuf tsacerof denilced gnitic dna SPU
sihT“ yrev gnilttesnu ”,nwonknu edart ,ot ot .emit trawht eht eht eht ,sffirat -llams ehs ehs .dias .dias ,dias gnisir sniamer ycilop llarevo no fo fo ton ton dezis-muidem yam yam ynam si ni tcapmi tcapmi evah ymonoce dnamed remotsuc stsoc seinapmoc ,detnemec tub sessenisub neeb esuaceb eb eb dna dna dna elba elba a émoT egraL segnahC
eW“ ot ot esoht driht kniht ereht rieht eht emos dlos yltnacifingis sksir hsinelper .retrauq fo won deen thgim dezis-muidem yam ”.wonk tsuj tsuj ti yrotnevni ni rehgih evah ecaf nwod t’nod dluoc .stsoc )sessenisub sessenisub eb dna dna dna eW emoS -llams(
ehT“ ”,raw yrev s’yadot eht eht naht ehs .dias cimednap ro ro ro ecalptekram robal noitalfni gnitcapmi hgih scimanyd scimanyd snoitpursid tnereffid desuac yb era
ew“ htiw hcihw ”,ytniatrecnu edart edart ot ot ot s’ereht eht s’taht taht naht sffirat sffirat ekat detals xis lareves .dias denruter yltnecer ro ylno fo .ton wen .detaitogen tol wonk edulcni fi rehgih evah evah sah neppah gniog krowemarf tceffe t’nod slaed slaed ,seirtnuoc tub erofeb neeb neeb era decnuonna a etihW .S.U pmurT émoT erehT erehT ehT oS .esuoH .guA ,1
ton“ — raey hcihw emulov siht eht naht dias elbatiforp ruo sevom tsom erom tsegral ti si ni rof rof reilrae kcabtuc ”.remotsuc remotsuc ynapmoc tub decnuonna a SPU émoT ehT nozamA %05
gnitarelecca“ .raey raey raey lliw ”,emulov emulov siht eht eht dnoces .dias revo fo fo ni sah deldnah flah nwod-edilg yreviled enilced ynapmoc yb neeb tuoba SPU émoT ehT nozamA nozamA %03
eW“ htiw ew ew tnaw tnaw emulov emulov yrev ot ot meht taht taht .dias pihsnoitaler trap trap fo fo ,peek ti ti si si evah worg ”,reviled detacilpmoc dna dna dna a émoT ,nozamA
htiw hcihw ,semulov gnippihs was .setar ylretrauq yllaitrap egakcap tesffo ti ni rehgih enilced a SPU
.ytniatrecnu eht sffirat was esaercni ni ni evird enilced ynapmoc ssenisub dna na osla a ,yllanoitanretnI
,yllareneG“ — — raey-revo-raey emulov ”,edart edart eht eht eht sffirat sffirat llams ehs .dias .dias detluser elbatiforp eno fo ton ylraen tsom enal ni ni ni rehgih sdoog doog rof rof rof noitpecxe noitanimile pord yliad egareva era dna dna na a SPU émoT yaM ,enuJ nI .S.U-anihC %53
ExploreAmid UPS struggles, shipper makes first-ever plans to offer buyouts to drivers
.dlrow emulov ot ,emit eht eht eht was emas tser fo esaercni ni morf a SPU anihC tA %4.22
ruO“ lliw su ”,ytniatrecnu ot meht taht ffirat snoitulos .dias etagivan pleh rof sremotsuc gnimoc era émoT
”.tsoPeruS“ erew eht taht was tcudorp ylsuoiverp elim-tsal gnicruosni esaercni ni deldnah yreviled seireviled stsoc dellac yb sa na retfa a SPU .S.U ecivreS latsoP
degagneer“ tey ,raey htiw htiw siht siht .ereht eht eht eht gnippets deppets ehs dias dias elor emoctuo fo wen .htnom pihsredael wonk otni evah sah ssecxe reilrae nwod t’nseod .snoissucsid ”.yticapac .SPSU SPSU SPU émoT yehT s’erehT renietS ehS retsamtsoP siuoL lareneG delttabmE yoJeD divaD
.raey tinu ylppus gnilles was eunever tsal sti sti ni ni thgierf enilced ynapmoc niahc ssenisub egarekorb osla retfa a ehT scitsigoL etoyoC
”.tneiciffe“ ,raey raey dluow ot siht siht eht naht os dias hsup snoitarepo fo krowten erom ekam ssel regral sboj sboj sti sti sti ti ti ni ni sah sah dah rof raf detcepxe seireviled kcabtuc tuc tuc sesolc esolc tub .sgnidliub sgnidliub noitirtta sa dna dna dima tuoba a a SPU tI reilraE nozamA 005,9 000,02 %01
ExploreUPS announces major cutback in Amazon relationship
.raey raey ot siht os selor ecuder tnemeganam tsal sah .raf sesnepxe stcepxe tuc ynapmoc ynapmoc desolc yb sgnidliub noillib dna osla ehT ehT 47 000,21 5.3$
dluow yratnulov ot emit siht eht reffo fo ,htnom sti sti ti ni .yrotsih emit-lluf rof tsrif srevird stuoyub decnuonna lla SPU reilraE
na“ saw detnedecerpnu gnippihs dias .noitarugifnocer krowten gnitagivan evissam ”epacsdnal ti tnaig ssenisub dna a ehT
ExploreTeamsters accuse UPS of lagging in promised AC for delivery vehicles
lagelli“ hcihw degru ,noinu ot eht eht stneserper tcejer .sreffo sreffo srebmem sti ”.drazahpah ,seeyolpme dellac tuoyub dna tuoba SPU ehT sretsmaeT sretsmaeT naeS tnediserP neirB’O lareneG 000,043
— raey dluow htiw hcihw ot erunet ecivres tnemeriter sseldrager sedivorp rep tuoyap ,egakcap fo fo fo on muminim ni denrae .pac ,stifeneb eb ta yna dna noitidda a ,SPU ehT 000,01$ 008,1$
ev’eW“ lliw ohw eht eht eht eht ekat trats os nees .dias margorp fo fo tol gnivael tseretni ni ”,raf dne ynapmoc tuoyub ta a émoT srevirD .tsuguA
As business team lead, Kelly Yamanouchi edits and writes business stories. She graduated from Harvard and has a master’s degree from Northwestern.