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UPS Revenue Rises Amid Surge in Pandemic Driven Online Purchases

United Parcel Service driver sits in truck

A United Parcel Service (UPS) driver leaves with his truck from a UPS facility that is delivering vaccines to Washington, DC, and Maryland areas March 15, 2021 in Landover, Maryland. (Photo by Alex Wong/Getty Images)

Tuesday, 27 April 2021 06:55 AM EDT

United Parcel Service Inc reported a 27% rise in first-quarter revenue on Tuesday, as it benefited from a surge in online purchases during the COVID-19 pandemic.

The world's biggest parcel delivery company, which is also delivering COVID-19 vaccines company, said adjusted earnings per share jumped 141% to $2.77 in the quarter.

Total revenue gained 27% at $22.9 billion.

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