Discontinued — last reported Q4 '23
United Parcel Service, Inc. Next Day Air — Revenue remained flat by 0.0% to $2.47B in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 7.5%, from $2.67B to $2.47B. Over 2 years (FY 2021 to FY 2023), Next Day Air — Revenue shows relatively stable performance with a -0.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase suggests higher demand for urgent shipping services or successful implementation of premium pricing strategies, while a decrease may indicate a shift toward slower, lower-cost shipping alternatives or increased competitive pressure in the express delivery market.
This metric represents the total gross revenue generated from premium, time-definite overnight parcel delivery services...
Comparable to express or overnight shipping revenue segments at major global logistics competitors, often benchmarked against total air freight volume and yield per package.
ups_segment_next_day_air_revenue| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $10.01B | $10.70B | $9.89B |
| YoY Change | — | +6.9% | -7.5% |