UPS saw full-year profits climb almost 40% in 2017 as it put in a final quarter performance that more than wiped out the $428m loss it recorded in the final stages of 2016.
On the back of an 8% increase in annual revenues of $65.8bn, the US-headquartered company made profits totalling $7.5bn, up 38.8% year-on-year.
Last year’s peak season brought in profits totalling $1.4bn with chief executive David Abney telling investors peak …
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Source: The Loadstar