CEOCarolTomé

UPS zeroes in on most profitable packages to deliver

UPS zeroes in on most profitable packages to deliver

By Kelly Yamanouchi, The Atlanta Journal-Constitution Troy Warren for CNT With more goods being delivered to doorsteps by an increasing number of companies, shipping giant UPS is zeroing in on the most profitable types of deliveries and customers. “UPS operates in a large and growing marketplace,” said CEO Carol Tomé said during an investor presentation Tuesday The company aims to bring in $98 billion to $102 billion in revenue in 2023, up from $84.6 billion last year. Meanwhile, the small package delivery industry worldwide is expected to bring in $600 billion a year by 2023, up from $452 billion in 2020. “Our focus is…
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