UPS just revealed a $92.6 billion surprise, and it’s bad news for one of its biggest customers
UPS is breaking up with Amazon – and so far it’s paying off. The delivery company issued its Q3 results on Tuesday, beating expectations and showing that scaling back its business schlepping packages for a major competitor was a smart gamble that could put its financials back on track. “We’re driving more premium growth, improving revenue quality and mix, and creating greater operating leverage through a more efficient network,” CEO Carol Tomé said in the earnings call. “All of this is str...
Original Source
Read the full article at Fastcompany →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.