Transport Topics Online
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
4/26/2012 11:45:00 AM Write a Letter to the Editor Write a letter to the Editor

UPS Reports Higher First-Quarter Profit


UPS Inc.

UPS Inc. reported a higher first-quarter profit, led by a 19% gain in its supply chain and freight unit.

Net income rose 6% to $970 million, or $1 per share, from $915 million, or 91 cents a share, a year ago.

Revenue rose 4.4% to $13.14 billion, the company said Thursday.

Its supply chain and freight unit’s operating profit rose to $166 million, while revenue grew 1.3% to $2.71 billion.

The U.S. package segment’s operating profit rose 13% to $995 million, while revenue rose 6.1% to $8 billion

International package operating profit slipped to $408 million from $453 million, while revenue rose 2.3% to $2.97 billion.

The company maintained its full-year earnings guidance of $4.75 to $5 per share.

UPS is ranked No. 1 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.

By Transport Topics

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2012, Transport Topics Publishing Group. All rights reserved.


  RELATED ARTICLES

 
LATEST NEWS



 
LATEST JOBS
Follow Us

Newsletters

TTExpress
This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.

Services

Advertising




© American Trucking Associations, Inc., All Rights Reserved TTNews.com Privacy Statement