UPS raises full-year revenue outlook as China‑US trade lane rebounds and Amazon mix improves

United Parcel Service (UPS) lifted its full‑year revenue guidance to roughly $91.2 billion, up from the previously forecast $89.7 billion, after reporting second‑quarter revenue of $14.9 billion, a 6 % increase year over year. The company credited a higher‑margin parcel mix achieved by shifting volume away from low‑margin Amazon shipments and streamlining its delivery network, even as restructuring costs pressed earnings lower.

UPS completed an 18‑month “glide‑down” that reduced Amazon’s contribution to revenue to about 9 % from a peak above 13 % during the pandemic boom. CFO Brian Dykes said the China‑to‑U.S. air‑cargo lane returned to year‑over‑year growth in May, with cargo volume up about 20 % after the end of the de‑minimis exemption, helped by higher‑value shipments. CEO Carol Tomé noted that, while Amazon’s share has fallen, the tech giant remains an important partner for the logistics provider.