United Parcel Service (United Parcel Service) Fuel Expense for Air Freight (USD Mil) : 1,282.00 (As of Dec. 2023)

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What is United Parcel Service Fuel Expense for Air Freight (USD Mil)?

Fuel expenses is one of the biggest operating expenses in the air freight industry.

United Parcel Service's Fuel Expense for Air Freight (USD Mil) for the quarter that ended in Dec. 2023 was 1,282.00 , which higher from pervious quarter (Sep. 2023)'s result by 13.25%.

United Parcel Service's Fuel Expense for Air Freight (USD Mil) for the annual that ended in Dec. 2023 was 4,775.00 , which lower from pervious year (Dec. 2022)'s result by 20.65%.

The historical rank and industry rank for United Parcel Service's Fuel Expense for Air Freight (USD Mil) or its related term are showing as below:

UPS's Fuel Expense for Air Freight (USD Mil) is not ranked ^*
in the Transportation industry.
Industry Median:
* Ranked among companies with meaningful Fuel Expense for Air Freight (USD Mil) only.

United Parcel Service Fuel Expense for Air Freight (USD Mil) Historical Data

The historical data trend for United Parcel Service's Fuel Expense for Air Freight (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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United Parcel Service Fuel Expense for Air Freight (USD Mil) Chart

United Parcel Service Annual Data

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Fuel Expense for Air Freight (USD Mil)

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Average Daily Package Volume (K)

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Total Volume (Mil)

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United Parcel ServiceQuarterly Data

Trend

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Fuel Expense for Air Freight (USD Mil)

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Average Daily Package Volume (K)

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Total Volume (Mil)

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Competitive Comparison of United Parcel Service's Fuel Expense for Air Freight (USD Mil)

For the Integrated Freight & Logistics subindustry, United Parcel Service's Fuel Expense for Air Freight (USD Mil), along with its competitors' market caps and Fuel Expense for Air Freight (USD Mil) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

United Parcel Service (NYSE:UPS) Fuel Expense for Air Freight (USD Mil) Explanation

Fuel expenses typically represent around 20-30 percent of an airline’s total expenses, which is one of the biggest operating expenses in the air freight industry. Any fluctuation in fuel price will respectively affect the financial position of airlines.

United Parcel Service (United Parcel Service) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » United Parcel Service Inc (NYSE:UPS) » Definitions » Fuel Expense for Air Freight (USD Mil)

Comparable Companies

Traded in Other Exchanges

UPS:Mexico UPA:Germany UPAB:Germany UPAB:Germany UPAB:Germany UPS:Canada UPSS34:Brazil UPSI:Austria

Address

55 Glenlake Parkway, N.E. Atlanta, Atlanta, GA, USA, 30328

Website

https://www.ups.com

As the world's largest parcel delivery company, UPS manages a massive fleet of more than 500 planes and 100,000 vehicles, along with many hundreds of sorting facilities, to deliver an average of about 25 million packages per day to residences and businesses across the globe. UPS' domestic U.S. package operations generate around 64% of total revenue while international package makes up 20%. Air and ocean freight forwarding, truckload brokerage, and contract logistics make up the remainder.

Executives

Nando Cesarone	officer: President, UPS International	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Laura J Lane	officer: Chief Corp Affairs & Comms Off	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Brian Newman	officer: Chief Financial Officer	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Brothers Norman M. Jr	officer: Sr VP, Gen Counsel & Sec	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Darrell L Ford	officer: Chief Human Resources Officer	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Kathleen M. Gutmann	officer: Senior Vice President	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Kevin M Warren	officer: Chief Marketing Officer	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Bala Subramanian	officer: Chief Digital & Tech Officer	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Philippe R Gilbert	officer: Pres, Supply Chain Solutions	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Juan R. Perez	officer: Senior Vice President	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Scott A. Price	officer: Chief Transformation Officer	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Russell Stokes	director	ONE FINANCIAL CENTER, SUITE 3700, BOSTON MA 02111
Wayne M. Hewett	director	5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Charlene A Thomas	officer: Chief Human Resources Officer	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Kathleen E Johnson	director	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328