UPS Delivers an Earnings Increase

[A300Capt]

But, there's no money in freight....right?

UPS Delivers an Earnings Increase

MIAMI (Reuters) - United Parcel Service (NYSE: UPS -news ), the world's No. 1 package carrier, on Tuesday posted a rise in quarterly earnings helped by good overseas shipments. Atlanta-based UPS said second-quarter profit was $692 million , or 61 cents a share. A year earlier, profit was $611 million, or 54 cents a share. Wall Street had forecast that UPS, which transports at any time the equivalent of 6 percent to 7 percent of America's gross domestic product, to earn between 58 cents and 61 cents a share, with a mean forecast of 59 cents, according to 20 analysts surveyed by Thomson First Call.

 

[JDMcFly]

Speaking of freight, off subject.. But Fedex hasn't updated my tracking info in 3 days..

I don't know if they just aren't updating it, or if it's floating somewhere outside LAX.

I like UPS tracker better.. blah.. okay.

I thought freight+mail was always where the money was

 

[derg]

[ QUOTE ]
But, there's no money in freight....right?

[/ QUOTE ]

That's what Delta's former CEO Ron Allen said, "There's no money in frieght".

Dummy!

 

[Sprint100]

If I were about 70 lbs. heavier, I'd be rubbing my big ol' belly right now LOL!!!!!!!!!!!!

 

[pilot602]

Capt. -

So, uh, this means they'll want you to take a pay cut, right?

 

[aloft]

I was just gonna say, not too long ago they were warning that they might have to furlough...