UPS says July performance ‘good,’ but not a predictor of rest of quarter

Expects to have more certainty at end of Q3. Says SMBs “a bit challenged” due to trade uncertainty. Says attrition related to Amazon glide down not as high as expected. Says continues to invest in automation. Says entertaining a buy-out package for “thousands and thousands” of drivers. Says “all hands on deck” to improve U.S. margins. Says well-prepared for peak season.