UPS revenues rise 14.5%

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UPS announced a second-quarter 2021 consolidated revenue of $23.4 billion on 27 July, a 14.5% increase over the second quarter of 2020. The company also revealed a consolidated operating profit of $3.3 billion, up 47.3% compared to the second quarter of 2020, and up 40.8% on an adjusted basis. While diluted earnings per share were $3.05 for the quarter, 50.2% above the same period in 2020, and up 43.7% on an adjusted basis.