Daily Archives: October 23, 2018

Signing The STOP Act Helps Stem The Flow Of Dangerous And Illicit Goods Into U.S.

“The STOP Act will provide the necessary tools for our law enforcement agencies so they can better screen and intercept dangerous inbound packages,” said David Abney, Chairman and CEO of UPS. “While private shippers like UPS already provide advanced data on every single package they import into America, postal operators have no such obligation. This legislation will close a loophole in our border security by ensuring that every package coming into the U.S. from abroad will receive consistent and

By | 2018-10-23T17:00:00+00:00 October 23rd, 2018|companies, News|0 Comments

UPS 3Q18 Earnings Per Share Up More Than 20%

Third-quarter adjusted results exclude a pre-tax charge of $97 million, or $0.09 per share after tax, due to transformation-related costs. 3Q 2018 Adjusted3Q 2018 3Q 2017 Revenue $10,437 M $9,651 M Operating profit $949 M $988 M $1,011 MFor the U.S. Operating profit was up 24% to $242 million and adjusted operating profit increased 33% to $260 million. Transformation Strategy CostsWe supplement the presentation of our operating profit, operating margin, pre-tax income, net income and earnings pe

By | 2018-10-23T17:00:00+00:00 October 23rd, 2018|companies, News|0 Comments