In 2023, the economic performance of the logistics group and
express courier services UPS were significantly lower in all
business segments operated by the American company. The
Last year's revenues, at $90.96 billion,
recorded a decrease of -9.3% on the 2022 financial year, with the
Shipments nationwide totaled 59.96 billion
turnover (-6.6%), international shipments 17.83 billion
(-9.5%) and other logistics solutions €13.17 billion (-19.9%). The
operating costs decreased by -6.2% to €81.82 billion
Dollars. Operating profit amounted to €9.14 billion
(-30.25), with a contribution of €5.08 billion from domestic shipments
(-27.5%), €3.23 billion from international exports (-25.3%) and
€834 million from other logistics activities (-52.9%). UPS has
Closed the 2023 financial year with a net profit of 6.71
billion dollars (-41.9%).
Even in the fourth quarter of 2023 alone, the
negative trend throughout the year:
revenues stood at $24.92 billion, with a
decrease of -7.8% compared to the same period of the previous year.
Quarterly operating profit was $2.48 billion
(-22.5%) and net income of $1.61 billion (-53.5%).