CLAIM #60610 · United Parcel Service Inc (UPS) · 2026Q1 earnings call · Apr 28, 2026 · due Dec 31, 2026
“And I think even if you look into the back half of this year, our CPP gets down into the low single digits, right?”
Brian Dykes · CFO
How to check this claim
Look at: UPS Cost Per Piece (CPP) growth rate, year-over-year, for the back half of fiscal year
It came true if: CPP growth rate between 0% and 4% (low single digits) in H2
Where: Company-disclosed CPP metrics (10-Q/10-K or earnings call commentary)
In context
“that wasn't structurally impaired from de minimis and it should return to where it was prior in terms of overall volume? Or how do you get back to high teens. I'm just trying to understand. Carol Tomé: Well, clearly, as the trade lanes normalize and we see more volume flowing through the China U.S. trade lane, that will help our margin. But it's not just that. We are investing in the premium opportunities where we're underpenetrated in Europe. Moving away from e-commerce, which is low margin into premium opportunities, and that's going to significantly improve our domestic margins in Europe. So it's a combination of actions that we are driving to drive back to mid to high teens in our international business. And then on the CPP potential. Brian, I'll let you take that. Brian Dykes: Sure. And I think even if you look into the back half of this year, our CPP gets down into the low single digits, right? And that's -- as Carol said, we have -- while we've been going through the network reconfiguration, we have been eliminating some of the less productive older buildings that require more maintenance. We have been heavily investing in automation that drives a much more efficient and agile network that should allow us to keep CCP in the low single digits. And then have that 50 to 100 basis point spread because we've got a more healthy customer mix and grow from there. That's a healthy business that can drive growth and profit improvement for us. Carol Tomé: And with our new outsourced relationship with the USPS, we'll be able to drive density upon the delivery, and that's a real way to lower the cost per piece is to improve the density per delivery. And as you know, we've just kind of compl”
Verify independently
SEC filings for UPS ↗ · Claim quote is verbatim from the 2026Q1 earnings call.