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UPS reports decline in second quarter revenue and profit

UPS reports decline in second quarter revenue and profit UNDATED FILE PHOTO - A driver loads packages onto a truck at a United Parcel Service facility in an undated photo. UPS announced November 8, 2002 that it is raising package shipping rates for 2003. The company, based in Atlanta, Georgia, will boost rates, effective January 6, by 3.2% for Next Day Air and 2.9% for Worldwide Express delivery. (Photo by UPS/Getty Images) (Getty Images/Getty Images)

SANDY SPRINGS, GA — Sandy Springs-based UPS reports a decline in its second quarter revenue and profit.

The company reports a nearly 9% drop in net income from a year ago, as it has seen decreased shipping volumes from some of its largest customers like, Amazon.

Earlier this month, UPS announced it would offer voluntary buyouts to all of its full-time drivers for the first time in its history.



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