MAAT INDEX

CLAIM #60338 · United Parcel Service Inc (UPS) · 2024Q3 earnings call · Oct 24, 2024 · due Dec 31, 2024

in the fourth quarter, we'll see SCS go back to 9 -- about 9% and domestic to around 9.5%.

Brian Dykes · CFO

PENDING
graded after results covering Dec 31, 2024 are reported

In context

oing to be -- they'll be slightly positive. We've now lapped the Teamster contract, yields are now turning positive. That's good. Peak season surcharges. Just big picture, like when do we start to see more meaningful margin improvement? Does that start right away in '25? Or does that take some more time? Carol Tome: First, why don't we address the path to the fourth quarter? Brian Dykes: Sure, sure. So, hi, Scott, and thank you for the question. So on the USPS contract, so we put a network in place that was all part of the plan. There's no incremental impact to domestic in the fourth quarter from the USPS contract. The cost that we -- the cost that Carol referred to was start-up costs associated with getting the contract stood up that was -- that impacted SCS, doesn't impact domestic. And in the fourth quarter, we'll see SCS go back to 9 -- about 9% and domestic to around 9.5%. So I don't think that's going to impact us there. Carol Tome: No. And then in terms of when are we going to see more meaningful margin expansion, let us get through the fourth quarter and then we'll give you our outlook for 2025. Scott Group: Thank you. Operator: Your next question comes from the line of Stephanie Moore from Jefferies. Please go ahead. Stephanie Moore: Great. Thank you. Good morning. I was hoping you could talk a little bit about our domestic RPP trends throughout the quarter. Maybe if you could talk a little bit about how they trended as the months progressed and really what this means for 4Q and your thoughts into 2025 if you have them? Thanks. Brian Dykes: Sure. Thanks for the question, Stephanie. Yes, so we saw positive momentum going from Q2 to Q3 in domestic rev per

Verify independently

SEC filings for UPS · Claim quote is verbatim from the 2024Q3 earnings call.