UPS profit beats estimates as cost cuts offset weak delivery demand
cnbc.com/2024/04/23/united-parcel-service-ups-q1-earnings.html
United Parcel Service's (UPS) newly launched electric delivery truck is seen in Compton, California, U.S., September 13, 2023.
United Parcel Service reported better-than-expected quarterly profit on Tuesday as cost cuts offset still-soft demand for package delivery.
The world's biggest parcel delivery firm also is grappling with higher labor costs tied to its new Teamsters…
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