UPS Bullish for Q4 Amid ‘Cost Savings’ Initiatives.

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ID 93709604 © Roman Teraspolsky | Dreamstime.com

Amid the culling of 4% of its workforce, UPS affirmed compliance with the Teamsters contract and boasted more cost-saving measures when announcing its third-quarter performance.

On an annual basis, consolidated revenue for the third quarter was $21.4 billion, and although up from last quarter’s $21.2 billion, this represents…

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