UPS trims earnings forecast as international revenues fall

Tuesday, July 24, 2012

UPS said it had profit of $1.1 billion in the second quarter ending June 30, 2.2 percent more than in the same 2011 period. Revenue was $13.3 billion for the second quarter, up 1.2 percent over the same 2011 period. The company said its U.S. domestic package revenue was $8 billion in the second quarter, up 4.1 percent from the same 2011 period, while international package revenue was $3 billion, down 4 percent and supply chain and freight revenue was $2.3 billion...

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