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UPS Overhaul Sees Profit Growth

From CNBC: United Parcel Service posted second-quarter earnings results that beat Wall Street expectations and raised its full-year outlook. “We launched a major transformation of our company that was transformative and came with some bumps, but we’re through those bumps, and we have returned our company to revenue and profit growth, and that’s the guidance that we gave for this year,” CEO Carol Tomé told CNBC. UPS is in the midst of a turnaround strategy aimed at positioning the company for long-term and sustainable growth. The company is focused on enhancing automation in its networks and tapping into growing markets, including healthcare logistics … (click to read more)

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