UPS – strong growth in Q3

Consolidated revenues at UPS during the third financial quarter of 2020 (Q3) were 15.9% up on Q3 last year to $21.2 billion.

Net income grew significantly too – by 11.8% to $2.0 billion in Q3.

“Our performance highlights the agility of our global integrated network amid the ongoing challenges of the pandemic.  Our results were fuelled by continued strong outbound demand from Asia and growth from small and medium-sized businesses,” said Carol Tomé, UPS chief executive officer.  “UPSers are everyday heroes who are keeping the world’s supply chains moving.  I want to thank our team for their ongoing commitment to our customers and the communities we serve.”