Reuters
Tue, January 27, 2026 astatine 5:16 AM CST 1 min read
Jan 27 (Reuters) - United Parcel Service forecast higher yearly gross on Tuesday, arsenic it reduces low-margin deliveries for its biggest customer, Amazon, and shifts toward higher-paying shipments.
The world's largest bundle transportation institution expects 2026 gross to be $89.7 billion, compared to the $88.7 cardinal it reported past year.
UPS banal roseate 4% earlier the doorbell connected Tuesday.
It forecasts adjusted operating borderline of 9.6% for 2026.
NYSE - Delayed Quote USD
106.97 -1.01 (-0.94%)
At close: January 26 astatine 4:00:02 PM EST
"Looking ahead, upon completion of the Amazon glide-down, 2026 volition be an inflection constituent successful the execution of our strategy to present maturation and sustained borderline expansion," CEO Carol Tome said successful a statement.
Shares of the company were up 3.7% successful premarket trading, portion rival FedEx gained about 1%.
UPS reported fourth-quarter consolidated gross of $24.5 billion, compared with $25.3 billion a twelvemonth earlier.

(Reporting by Abhinav Parmar successful Bengaluru; Editing by Sriraj Kalluvila)

1 week ago
6





English (CA) ·
English (US) ·
Spanish (MX) ·