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U.S. ecommerce deliveries lift UPS quarterly profit
By Eric M. Johnson and Nick Carey SEATTLE/DETROIT (Reuters) - United Parcel Service Inc on Thursday reported a higher-than-expected quarterly net profit, citing a jump in ecommerce deliveries in its U.S. domestic package service, and confirmed its forecast for 2017. The world's largest package delivery company said revenue at its core U.S. domestic package service rose 8 percent to $9.7 billion. Like its main rival FedEx Corp, UPS has experienced a boom in ecommerce packages over the last decade.
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