On an adjusted basis, operating profit increased $58 million or 4.4%, and operating margin expanded to 15.4%, despite challenges created by Hurricane Sandy. Revenue grew 3.0% and revenue per piece increased 1.7%, driven by base rate improvements in both ground and air products.As a result of the pension mark-to-market adjustment, the segment reported an operating loss of $1.8 billion, on a U.S. GAAP basis.
|International Package||4Q 2012||4Q 2012||4Q 2011||4Q 2011|
|Revenue||$3.20 B||$3.15 B|
|Operating profit (loss)||($442 M||)||$499 M||$334 M||$505 M|
|Operating margin||(13.8 %||)||15.6 %||10.6 %||16.0 %|
|Average volume per day||2.7 M||2.6 M|