MAAT INDEX

CLAIM #65146 · United Parcel Service Inc (UPS) · 2026Q2 earnings call · Jul 28, 2026 · due Dec 31, 2026

We talked about SMB, but we will see volume growth in the back half of this year.

Brian Dykes · CFO

PENDING
graded after results covering Dec 31, 2026 are reported

In context

Brian Dykes (Chief Financial Officer): That's right. When you look at it, we are starting to see momentum in some very important international trade lanes. That momentum will carry through into the back half of the year. We're seeing volume recover as trade lanes settle. Also, in the back half of this year, the completion of the elimination of global de minimis in September will drive a significant year-over-year comp benefit. I would also say our international business will perform a bit better than seasonality because of the volume momentum we have going into the fourth quarter, especially with surge fees and other fees we typically see in the market. So we're positive there. And to add to Carol's point on the U.S., Ken, we will see volume growth excluding Amazon in the back half of this year across all segments. We talked about SMB, but we will see volume growth in the back half of this year.

Verify independently

SEC filings for UPS · Claim quote is verbatim from the 2026Q2 earnings call.