UPS profits rise nearly 9% as A380 order comes under review

UPS earned $1.04 billion in net income in the third quarter, an 8.9% rise over $953 million earned in the same period last year, on a 10.5% increase in revenues to $11.66 billion. International package revenues, a good measurement of UPS Airlines' services, grew 17% to $2.25 billion as international package volume climbed 19%. Separately, UPS reached a five-year deal last week with Italian Post to deliver its international express mail. The company also said it has established a team of ...