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UPS Revenue Rises as It Ships Fewer Packages

October 26, 2021

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United Parcel Service Inc. continues to make more money as it ships fewer packages.

The delivery company’s third-quarter revenue rose 9.2% from the prior year to $23.2 billion, as the average revenue per piece UPS shipped increased 13%. The number of items it shipped daily fell 2%, marking the second consecutive quarter that shipping volume fell after roughly a decade of increases.

Read More on The Wall Street Journal