Here’s a look at five things from the earnings presentation that give clues to what UPS will report in its next earnings. Both companies have had issues dealing with peak demand during Christmas, most notably with UPSin the winters of 2013 and 2014.
Category: United Parcel Service
FedEx Profit Disappoints as Ground-Delivery Spending Rises
FedEx Corp.’s second-quarter profit fell short of analysts’ estimates as the operator of the world’s biggest air-freight carrier boosted investment in a complementary business: ground delivery. Operating income fell 12 percent in the ground operation as spending on network expansion fueled a rise in costs, FedEx said in a statement Tuesday.