UPS continued to make money in the third quarter as it shipped fewer packages
United Parcel Service Inc. continues to make more money as it ships fewer packages.
The delivery company’s third-quarter revenue rose 9.2% from the prior year to $23.2 billion, as the average revenue per piece UPS shipped increased 13%. The number of items it shipped daily fell 2%, marking the second consecutive quarter that shipping volume fell after roughly a decade of increases.
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