UPS reports disappointing commence to 2023

“2023 is proving to be an engrossing 365 days,” UPS Chief Executive Carol Tome mentioned all the plot throughout the firm’s first-quarter earnings name this day. A weakening economic atmosphere and excess shipping skill resulted in a disappointing Q1 earnings announcement from UPS as financials and volumes declined for the quarter. Consolidated earnings declined 6.2% to $2.5 billion, while consolidated […]