UPS Raises Outlook as CEO Plans to Stay On to Oversee Union Talks

United Parcel Service Inc. boosted its financial guidance for the year, suggesting the courier expects to benefit from high prices and resilient demand through the holiday season. Carol Tomé intends to lead United Parcel Service Inc. for another two years or more to negotiate another labor deal with its unionized delivery drivers. Bloomberg's Lee Klaskow joins to discuss. (Source: Bloomberg)

United Parcel Service Inc. boosted its financial guidance for the year, suggesting the courier expects to benefit from high prices and resilient demand through the holiday season. Carol Tomé intends to lead United Parcel Service Inc. for another two years or more to negotiate another labor deal with its unionized delivery drivers. Bloomberg's Lee Klaskow joins to discuss. (Source: Bloomberg)