Category: UPS Press Release

Transformation Improves Efficiency and Revenue Quality

• 1Q19 EPS of $1.28; 1Q19 Adjusted^ EPS of $1.39
• Weather Lowered U.S. Profit by about $80M or $0.07 EPS
• U.S. Daily Air Volume Rose Nearly 8%; Growth Across All Products
• U.S. Revenue Yields Up, Led by Ground Products
• Supply Chain and Freight Operating Profit Up Nearly 18%; Adjusted Operating Profit Increased More Than 24%
• International Operating Margin of 15.3%; Adjusted Operating Margin of 17.7%
• Cash from Operations of $2.3B; Free Cash Flow about $760M
• UPS reaffirms adjusted diluted EPS in the range of $7.45 to $7.75

With support from The UPS Foundation, Gavi, and other partners, Zipline drones will serve up to 2,000 health facilities and 12 million people in Ghana.

The UPS Foundation, which leads the global citizenship programs for UPS (NYSE: UPS), and Gavi, the Vaccine Alliance, have announced support for the expansion of a medical drone network into Ghana. Zipline, a California-based automated logistics company, will use drones to make on-demand, emergency deliveries of 148 high priority products including emergency and routine vaccines, blood products and life-saving medications. The service will operate 24 hours a day, seven days a week, from four distribution centers—each equipped with 30 drones—and deliver to over 2,000 health facilities serving 12 million people across the country.

Small Biz Owners to compete for up to $25,000 to help grow their business

The UPS Store, Inc. is inviting entrepreneurs and small business owners from across the country to enter the Small Biz Challenge, a contest that is offering eligible small business owners a chance to win up to $25,000 and an editorial feature in Inc. Magazine.

The UPS Store® network, with over 4,800 independently owned and operated franchise locations across the United States, understands that starting and growing a business is hard work.  In an effort to help small businesses thrive, The UPS Store, Inc. is on the hunt for small business owners who think they have what it takes to compete in a live business challenge competition where their business skills will be tested.  We are searching for the most quick-witted, well-rounded small business owners who can handle absolutely any thing that comes their way.

UPS Capital, a subsidiary of UPS (NYSE:UPS), announced today the integration of its suite of shipping insurance APIs into AscendTMS, helping provide access to transactional insurance coverage for small and mid-size shippers.

“Our goal is to provide businesses a frictionless, digital experience for obtaining protection against loss and damage to their shipments and filing claims,” said Mark Robinson, president of UPS Capital. “Investments in our technology suite and collaboration with top technology providers, such as AscendTMS, enable us to deliver this experience.”

While the vast majority of shipments move without issue, a recent study commissioned by UPS Capital revealed that 92% of shippers experience some type of loss, damage or delay each year¹.  Offering transactional shipment insurance across a variety of transportation modes can help mitigate the financial risks of day-to-day supply chain incidents.

UPS (NYSE:UPS) earned the number four spot in Morning Consult’s Most Loved Brands, a ranking of the brands that define American culture and commerce. The company has achieved a top-five rank every year since Morning Consult began publishing the list in 2017.

“This distinguished recognition shows that consumers recognize our commitment to industry-leading service,” said Kevin Warren, chief marketing officer. “As we pursue groundbreaking logistics solutions, we will continue to prioritize the demands of the 21st-century consumer, so that our business customers can benefit from the services that support UPS’s strong brand position.”

In addition to fourth overall, UPS tied for the second most trusted brand in America, and ranked among the top 10 brands for nine of the 10 measured demographic categories: Millennials (10), Gen X (4), Boomers (1), Consumer Elites (8), Rural Consumers (1), Suburban Consumers (5), Urban Consumers (6), Men (4) and Women (5).