Journal of Commerce--UPS Freight increased its revenue 19 percent to $660 million in the second quarter, improving its revenue per hundredweight and profitability, the company said.
The industrial trucking unit of package delivery giant UPS improved its revenue per hundredweight, or yield, 11.2 percent over the same quarter last year. Higher yield signals increases in both fuel surcharge revenue and LTL rates. UPS will raise its non-contract rates and accessorial charges 6.9 percent Aug. 1.
Read more!
The industrial trucking unit of package delivery giant UPS improved its revenue per hundredweight, or yield, 11.2 percent over the same quarter last year. Higher yield signals increases in both fuel surcharge revenue and LTL rates. UPS will raise its non-contract rates and accessorial charges 6.9 percent Aug. 1.
Read more!
