UPS posts strong 2Q net profit, but ‘cautious’ on US economy

Credit: Rob Finlayson
United Parcel Service (UPS) reported second-quarter net income of $1.23 billion, well more than doubling a net profit of $454 million in the 2014 June quarter, even as revenue dropped 1.2% year-over-year to $14.1 billion. Second-quarter expenses decreased 10.3% year-over-year to $12.14 billion and...

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