UPS reports 56% 3Q profit decrease amid ‘slowing’ global trade

United Parcel Service 767. Courtesy, UPS United Parcel Service (UPS) posted third-quarter net income of $469 million, down 56.3% from a $1.07 billion net profit in the 2011 September quarter. It said much of the earnings decrease can be attributed to an after-tax, non-cash charge of $559 million...

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