UPS is gaining momentum in 2nd quarter volume growth
Citing good momentum through the first five weeks of the quarter, UPS executives today said US domestic volume growth was “well ahead” of expectations for the second quarter and international export volume continued to climb at its expected double-digit rate. The gain in domestic volume follows a first quarter in which UPS reported significant international export package growth and a strong 16.2% gain in net income. UPS today said it continues to expect a strong 2005 with full-year net income growth of 16-to-20% over the adjusted USD2.90 reported for 2004.
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