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State of Logistics 2016: Pursue mutual benefit UPS reports Q4 revenue growth but falls short of Wall Street expectations Fighting Amazon’s supply chain takeover Global Logistics: Uncertainty is a constant Global 3PL Management: Factors to keep top of mind More Logistics News Running Your Supply Chain with Greater Efficiency Is your company’s supply chain piled high with more products, suppliers, and trading partners than you can keep track of efficiently? All Resources UPS finished 2016 with strong revenue and volume gains, the Atlanta-based transportation and logistics said on its fourth quarter earnings call today. Quarterly revenue was up 5.5 percent at $16.9 billion, while earnings per share at $1.63 came in below Wall Street expectations of $1.69 and full-year earnings per share was $3.87, with full-year revenue up 4.2 percent to $60.9 billion and setting a new company record. The company’s results also factored in a non-cash, after-tax, mark-to-market pension charge of $1.90 per diluted share, compared to a $0.09 after-tax charge per diluted share for mark-to-market pension charges for the same period a year ago. Along with revenue and volume growth, which showed significant gains during the holiday season, UPS also cited strong service levels, and an “extraordinary” performance on the international side, among others, as drivers for growth. “UPS produced record earnings in 2016,” said UPS CEO David Abney on an earnings call today. “We completed the initial stages of our long-term investment strategy, which enabled UPS to accelerate e-commerce and international shipping growth in the second half of 2016. For the fourth quarter, the international segment delivered another extraordinary performance, with shipment growth exceeding 7 percent and operating profit rising by double digits for the eighth consecutive quarter.” Addressing Peak Season, Abney said UPS delivered more than 712 million packages globally, marking a 16 percent increase […]