News / UPS sees B2B plummet in Q1, but B2C volumes keeps the trucks rolling

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29/04/2020

Despite the near implosion of its B2B traffic in March, UPS suffered only mild damage from the pandemic on its balance sheet for the first quarter.

Net income sank from $1.11bn in the first quarter last year to $965m, which sent diluted earnings per share down ...

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