United Parcel Service (United Parcel Service Inc., Referred to as “UPS”) announced today in New York, with the supply chain of international parcels and significant growth in the first quarter of this year, the company expects adjusted diluted earnings per share growth of 37% .
Kuhn, chief financial officer said the global economy continues to recover, the Company expects first quarter is the most challenging quarter of this year. Increase in international cargo during the period, operating income up U.S. operations, coupled with growth in freight forwarding and logistics business, operating income will be stronger than expected gross margins are also higher than expected. First quarter adjusted diluted earnings per share will be 0.71 U.S. dollars, international parcel service revenue growth of 18%, supply chain and freight business receipts increased by 14%, consolidated operating income reported during the period rose 7%. Significant growth in international cargo per day, which exports more than 9% increase in freight volume, rather than in the United States rose more than 24% more cargo. Although the United States increased by less than 1% daily cargo, but for the first time in more than two years were recorded on-year growth.