United Parcel Service (UPS) reported a significant turnaround in its financial performance, marking its first profit growth in nearly two years. The company’s average daily U.S. volume increased by 6.5%, contributing to an impressive 48% rise in operating profits compared to the same period last year. Following the earnings announcement, UPS shares surged by approximately 10%, reflecting positive investor sentiment. The results indicate a rebound for UPS, which comes at a crucial time as the company prepares for the upcoming holiday season. Analysts have noted that this growth could signal an overall improvement in economic conditions, despite previous concerns about economic health.