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UPS targets $3.5B cost reduction in 2025 through network reconfiguration and growth in healthcare and SMBs
Earnings Call Insights: United Parcel Service, Inc. (UPS) Q1 2025 CEO Carol Tome highlighted key developments, including consolidated revenue of $21.5 billion for Q1 2025, down 0.7% year-over-year, ...
Sourcing Journal on MSN
Experts Say Added Costs From FedEx, UPS Will Drive Up Parcel Costs Through Remainder of 2025
FedEx and UPS's changes, compounded with President Donald Trump's changes to de minimis, have increased costs year on year for the express parcel market, which is expected to fall 2.1 percent above ...
It is no secret that United Parcel Service’s UPS bottom line is being hurt by high costs, mainly on the labor front. High labor costs, in addition to softness concerning parcel volumes, are hurting ...
CEO Carol Tome highlighted key developments, including consolidated revenue of $21.5 billion for Q1 2025, down 0.7% year-over-year, and a consolidated operating profit of $1.8 billion, up 0.9% ...
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