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UPS rides the ecommerce boom and price increases to a surge in profit

On an operating basis, United Parcel Service Inc. (UPS) had a stellar fourth quarter, benefiting greatly from increased shipping volume, including a surge in ecommerce orders, during the coronavirus pandemic. Revenue in its fourth quarter, which ended Dec. 31, 2020, was about $24.90 billion, up 21.0% from the $20.57 billion in Q4 2019. UPS reported […]

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