The two-year transformation of UPS Inc., summarized by CEO Carol B. Tomé in her now-familiar mantra of “better, not bigger,” has played out amid an environment of steadily rising volumes. The mantra hasn’t changed, but the environment has.
The Atlanta-based transportation and logistics giant (NYSE: UPS) posted first-quarter results on Tuesday that offered insight into the company’s ability to manage through an uncertain macroeconomic outlook that led to the first period of weaker-than-expected...
https://www.freightwaves.com/news/ups-adjusts-to-a-changed-macroenvironment