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CLAIM #60125 · United Parcel Service Inc (UPS) · 2023Q2 earnings call · Aug 8, 2023 · due Dec 31, 2023

We're looking at ESMO improving in the back end of the year. So from a macro standpoint, I think the trends are stable to improving in the U.S., obviously, under some more pressure internationally.

Brian O. Newman · CFO

PENDING
graded after results covering Dec 31, 2023 are reported

In context

w partners here in the United States, now up to 27 partners. One thing we're doing to continue to grow DAP is to make it easier to onboard the platforms. So we are introducing widgets, which are basically pre-programmed applications that a DAP partner can put into its website and avoid the user interface and API onboarding that can slow things down. The first widget that we introduced is a locator widget. So our DAP partner can put the locator widget into its website, and then you push a button and up pops the closest UPS store to ship that package. So we're going to continue to make it easier to do business with as we continue to grow with this important part of our business. Bruce Chan: And then, Brian, just on the e-commerce demand trends, any broad commentary there? Brian Newman: Yes. We're looking at ESMO improving in the back end of the year. So from a macro standpoint, I think the trends are stable to improving in the U.S., obviously, under some more pressure internationally. Carol Tomé: I mean clearly, what happened with e-commerce is the blew up during COVID-19. It blew up. And so now everything is kind of reverting back to where it was before COVID. We see that around the globe, which makes sense. And so this is a great place to think about growth from here on out. Operator: Our next question will come from the line of Scott Schneeberger of Oppenheimer. Scott Schneeberger: Brian, I believe you said you're expecting a bottoming in Europe and Asia in the third quarter. Just want to get a sense of cadence and your optimism that it will improve in fourth quarter, just what you're seeing in trajectory on both there. And then also, if you could put into perspective just the domestic cost per piece, how you see that trajectory on that metric specifically? Thanks.

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SEC filings for UPS · Claim quote is verbatim from the 2023Q2 earnings call.