UPS cuts revenue view on lower e-commerce demand, new labor contract

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A lawsuit walks into a UPS store connected July 05, 2023 successful Austin, Texas.

Brandon Bell | Getty Images News | Getty Images

United Parcel Service connected Tuesday lowered its 2023 gross forecast, wounded by softening e-commerce request and an improved labour declaration it offered to workers.

UPS present expects 2023 consolidated gross to beryllium astir $93 billion, compared with its earlier forecast of astir $97 billion.

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