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.

This holiday season, the B2C market took advantage of the unique consumer experience offered by UPS My Choice. Reflecting its popularity, subscribers have grown to almost 2.5 million. This innovative service reduces missed deliveries to customers and lowers UPS operating costs.
       

Adjusted
       

Adjusted

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

Strong demand for UPS products in Asia and Europe led to a 5.5% increase in average daily export volume, increasing revenue to $3.2 billion.

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