September 13, 2018 / 1:22 PM / a month ago

UPS expects automation, expansion plans to boost earnings by 2022

Sept 13 (Reuters) - United Parcel Service Inc expects its automation and expansion plans to add between $1.00 and $1.20 to its adjusted earnings per share by 2022, the world’s biggest package delivery company said on Thursday.

Atlanta-based UPS is in the early stages of its $20 billion capital spending project to automate and expand facilities. (Reporting by Sanjana Shivdas in Bengaluru and Lisa Baertlein in Chicago; Editing by Shounak Dasgupta)

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