A UPS truck is parked near Time's Square in New York, October 22, 2009. United Parcel Service Inc (UPS.N), the world's largest package delivery service, reported a 43 percent drop in earnings that nonetheless topped analysts' forecasts, saying that cost-cutting helped its profit margins. Reuters Pictures 4 weeks ago

A UPS truck is parked near Time's Square in New York, October 22, 2009. United Parcel Service Inc (UPS.N), the world's largest package delivery service, reported a 43 percent drop in earnings that nonetheless topped analysts' forecasts, saying that cost-cutting helped its profit margins.

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  1. UPS Chief Executive Scott Davis speaks during an interview with Reuters in Singapore November 11, 2009. United Parcel Service Inc, the world's largest package delivery service, expects growth in its volumes next year as the global economy recovers, its CEO Scott Davis said on Wednesday. To match interview UPS-CEO.
  2. A UPS truck is parked near Time's Square in New York, October 22, 2009. United Parcel Service Inc (UPS.N), the world's largest package delivery service, reported a 43 percent drop in earnings that nonetheless topped analysts' forecasts, saying that cost-cutting helped its profit margins.
  3. In this Wednesday Sept. 16, 2009 photo, a United Parcel Service Inc. jet taxies into the UPS hub in Anchorage, Alaska as a small plane takes off from the Ted Stevens International Airport. UPS on Thursday, Oct. 22, 2009 posted net income for the three months ended Sept. 30 of $549 million, or 55 cents a share, a 43 percent decline compared with profit of $970 million, or 96 cents a share, a year ago.
  4. In this Sept. 15, 2009 photo, Wilbert Woodward fills out an application for United Parcel Service during a job fair sponsored by the National Urban League in Louisville, Ky. Woodward said he had been looking for a job for five months. The number of newly laid-off workers seeking unemployment benefits fell last week to the lowest level since early July, evidence that job cuts are slowing.
  5. FILE - In this July 22, 2009 file photo, a United Parcel Service (UPS) driver works on his deliveries in Palo Alto, Calif. At package delivery behemoths FedEx and UPS, Wall Street's meltdown meant a sharp drop-off in the number of documents and packages sent overnight.

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