UPS expects automation, expansion plans to boost earnings by 2022

“Transformation will lift our earnings, as we generate higher-quality revenue,” said Chief Executive Officer David Abney. The company will increase its sorting capacity in the United States by 350,000 to 400,000 pieces per hour, each year between 2018 and 2020, or about seven times the additional sorting capacity added in 2017, UPS said. …read more

Source:: Yahoo Finance


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