UPS Earnings: Up but Down

UPS released its earnings last week. Volume fell here but grew overseas. Pricing power in the US was good and revenue surged despite weak volume because big investments in technology resulted in worker hours falling 2%. UPS mgt also had concerns about oil. In short: great $$$$, mediocre US outlook, a better situation in Asia, good times for technology firms, bad times for workers and fears about oil.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.