United parcel service cfo says b2b volume began to recover in the quarter - conf call

United parcel service ceo says co is continuing expansion of weekend operations, including sunday surepost & saturday commercial delivery and pickup services - conf call.united parcel service ceo says before co's 2020 peak season, nearly 75% of u.s. population will get saturday ground residential service.united parcel service ceo says to further invest in co's full-time management teams, co is providing additional financial incentives.united parcel service cfo says b2b volume began to recover in the quarter.united parcel service cfo says at the end of the quarter, b2b shipments climbed to 37% of total u.s. volume.united parcel service cfo says for full year 2019, split was 46% b2b.united parcel service cfo says expects full year capex of $5.6 billion.united parcel service cfo says u.s. domestic average daily volume growth is expected to be lower than what co saw in q2.united parcel service cfo says expects demand for residential packages to continue in the u.s., around the world.united parcel service cfo says u.s. domestic margins could be lower in the second half of the year relative to the first half.united parcel service cfo says ended q2 with more than $8 billion in cash and equivalents.
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