UPS announced on 29 April first-quarter 2025 consolidated revenues of $21.5 billion, down 0.7% from the first quarter of 2024. Consolidated operating profit was however up 3.3% at $1.7 billion, compared to the first quarter of 2024.
UPS chief executive, Carol Tomé, said: “As a trusted leader in global logistics, we will leverage our integrated network and trade expertise to assist our customers as they adapt to a changing trade environment. Further, the actions we are taking to reconfigure our network and reduce cost across our business could not be timelier. The macro environment may be uncertain, but with our actions, we will emerge as an even stronger, more nimble UPS.”