The name change to United Parcel Service was to remind the company expansion that operations were still United under the same organisation and Parcel identified the type of business offered as part of its Service. Average daily shipments were up 2. But remember, this is a multiyear.
Wanted to come back to transformation again, sort of think about, if you think there will be — I guess may be a bigger picture about the timing of it.
So it really is moving kind of across the world right now.
Now turning to the International segment, which continued to deliver outstanding financial results due to the broad UPS product portfolio and superior network.
We continue to see solid volume United parcel service ups. And Scott Price was brought into this company to really help us to transform, and he also is coordinating our strategy, and we have made a lot of progress in this area.
Average revenue per piece increased 3. United Parcel Service, Inc. Thanks for the time today. Operator Chris Wetherbee of Citi. But this contract has got to be ratified.
But as I mentioned a second ago, Southeast Asia now, our emerging market strategy is kicking in to play here. LLC Hey, good morning. Let me add two points to that.
So we closely monitor all of our customers, especially our larger customers, and any competitor announcements. Error in this transcript? Good morning and welcome to the UPS second quarter earnings call. We do not see an impact on volume, and we continue to see solid results in both areas.
And we did notify our customers of the peak surcharges in January so that they could better prepare this year.
Thanks for the question, Brian. We have another online question. So framing it within that perspective, I would say there is a lot of similarities. First, let me emphasize, we have a unique relationship with the Postal Service. Jack Atkins - Stephens, Inc.
Operator We have a question from the line of David Vernon, Bernstein. One of the highlights of the quarter was the improvement in both the U.
In Europe, positive fundamentals and the Central Bank stimulus remain in place, helping to offset concerns about Brexit and other issues. Have you seen or do you expect to see any impact? The charge resulted primarily from the successful and well-received Voluntary Retirement Plan offer that closed in June.
This is David, and, yes, there is a lot of interest based on the number of questions that were submitted about this.
But that exposure is very much limited and the reason that it is, is because we really see it as our duty to utilize our flexible global network and our broad portfolio to help our customers adapt to any changing trade dynamics.
United parcel service ups also enable the business to remain flexible to meet customer needs, increasing shareowner value. It looks like Amazon is taking further steps to expand its in-house logistics.
Pricing initiatives and higher fuel surcharges more than offset the headwinds and mix. Can you add more color on the International Package growth, how did Asia do, why were the U.
And in Asia, recent economic reports show growth continues to be strong, with China leading the way, despite rising trade-related concerns. Thanks, Scott, and good morning, everyone. My understanding is there may have been some pricing actions that were taken.
So this certainly did not surprise us.United Parcel Service, Inc. (NYSE:UPS) Q2 Earnings Call July 25, AM ET Executives Scott Childress - United Parcel Service, Inc.
David P. Abney - United Parcel Service, Inc. Richard. The UPS sustainability efforts extend beyond the environment to include doing more to connect communities, empower people and enhance the global economy.
United Parcel Service (UPS) is an American multinational package delivery and supply chain management company. The global logistics company is headquartered in the U.S. city of Sandy Springs, Georgia, which is a part of the Greater Atlanta metropolitan area.
United Parcel Service, Inc. UPS is scheduled to report second-quarter results on Jul 25, before the market opens. In the first quarter. United Parcel Service, Inc. (UPS) delivers packages and documents throughout the United States and in other countries and territories.
The Company also provides global supply chain services and. UPS is announcing a major expansion to its ocean Less-Than-Container-Load (LCL) service with the addition of direct sailings in lanes. The origin and destination countries cover most of the globe.Download