Salem Radio Network News Saturday, September 20, 2025

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UPS lowers 2023 revenue expectations, citing tentative labor deal

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( ) -q-21- UNDATED (Correspondent Jeremy House) “and households nationwide.”

Revenue declined at UPS in the second quarter.

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TAG: Correspondent Jeremy House reporting. UPS earned $2.08 billion and posted revenue of $22.06 billion.

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VERBATIM: The package delivery company also lowered its full-year revenue expectations by $4 billion, primarily due to a tentative labor contract reached late last month with its 340,000 unionized workers. UPS reached a tentative deal with the International Brotherhood of Teamsters. The agreement potentially averted a strike that threatened to disrupt package deliveries for millions of businesses and households nationwide.

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