UPS Looks to Returns, Big-and-Bulky Deliveries to Boost Shipping Volumes
UPSUPS(UPS) PYMNTS·2024-04-24 00:11

UPS is looking to returns and big-and-bulky deliveries to expand its addressable market at a time when its shipping volumes have been decreasing. The company saw a slower rate of decline in shipping volumes during the first quarter while still facing a challenging macroeconomic environment, UPS executives said Tuesday (April 23) during the company’s quarterly earnings call. During the three months ended March 31, the company saw average daily volumes decrease 3.2% year over year in the U.S. domestic segment ...