Comment / Coyote out, USPS in, and yet another dispiriting UPS SCS update

ID 148876175 © Bulat Silvia | Dreamstime.com

The energised management team at UPS was relieved yesterday, for the first time in at least a year, discussing a strong Q3 24 performance.

In short, we are where we expected the integrator to be, if you recall guidance from the Investor Day at the end of March. Margins are improving, earnings are bouncing back and growth is again on the menu, finally.

For the core US domestic business, Q3 24 represented the second consecutive quarter of average daily volume (ADV) growth, ...