Discontinued — last reported Q3 '24
Forwarding — Revenue
United Parcel Service, Inc. Forwarding — Revenue decreased by 0.6% to $1.31B in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 1.5%, from $1.33B to $1.31B. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates growth in the company's freight and logistics service demand, while a decrease may reflect reduced global trade volumes or pricing pressure in the freight market.
Detailed definition
This metric represents the total gross revenue generated from the company's air and ocean freight forwarding, truckload...
Peer comparison
Comparable to freight forwarding and logistics revenue reported by global logistics competitors and integrated supply chain providers.
ups_segment_forwarding_revenueHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.31B | $2.63B | $2.87B | $2.59B | $2.39B | $2.16B | $1.80B | $1.51B | $1.38B | $1.33B | $1.28B | $1.32B | $1.31B |
| QoQ Change | — | +13.7% | +9.2% | -9.7% | -7.7% | -9.5% | -16.6% | -16.0% | -9.1% | -3.6% | -3.5% | +2.7% | -0.6% |
| YoY Change | — | — | — | — | +3.5% | -17.6% | -37.1% | -41.5% | -42.4% | -38.6% | -15.5% | -4.4% | -1.5% |
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Frequently Asked Questions
- What is United Parcel Service, Inc.'s forwarding — revenue?
- United Parcel Service, Inc. (UPS) reported forwarding — revenue of $1.31B in Q3 2024.
- How has United Parcel Service, Inc.'s forwarding — revenue changed year-over-year?
- United Parcel Service, Inc.'s forwarding — revenue decreased by 1.5% year-over-year, from $1.33B to $1.31B.
- What does forwarding — revenue mean?
- Total revenue earned from freight forwarding, brokerage, and logistics services.