A surge in online shopping helped UPS post record revenue during the last three months of 2020 By JOSEPH PISANI and MICHELLE CHAPMAN AP Business Writers February 2, 2021, 8:22 PM • 2 min read Share to FacebookShare to TwitterEmail this article NEW YORK — A surge in online shopping […]

A pandemic-fueled boom in online shopping — particularly during the holiday season — has led United Parcel Service Inc. to a stellar fourth quarter. The Atlanta-based delivery giant logged adjusted profits of $2.3 billion, or adjusted earnings of $2.66 — a more than 26{409126f2c1f09c9e510a010c163a4bce2c3ccfc4019bdf864d6cb2d5d8752f38} gain over the prior year and […]

Amazon. AMZN 1.89{409126f2c1f09c9e510a010c163a4bce2c3ccfc4019bdf864d6cb2d5d8752f38} com Inc. is poised to cap off its pandemic-fueled 2020 financial performance with record quarterly sales driven by a surge in online holiday shopping with people stuck at home. Analysts surveyed by FactSet on average see Amazon reporting $119.7 billion in quarterly revenue, with the company generating […]