UPS 2004 Annual Report Download - page 29

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Management’s discussion and analysis 27
Year Ended December 31, Change
Revenue (in millions): 2003 2002 $ %
U.S. domestic package:
Next Day Air $ 5,580 $ 5,349 $ 231 4.3%
Deferred 2,982 2,868 114 4.0
Ground 16,460 15,707 753 4.8
Total U.S. domestic package 25,022 23,924 1,098 4.6
International package:
Domestic 1,134 943 191 20.3
Export 4,001 3,276 725 22.1
Cargo 426 461 (35) (7.6)
Total International package 5,561 4,680 881 18.8
Non-package:
UPS Supply Chain Solutions 2,126 1,969 157 8.0
Other 776 699 77 11.0
Total Non-package 2,902 2,668 234 8.8
Consolidated $ 33,485 $ 31,272 $ 2,213 7.1%
Average Daily Package Volume (in thousands): #
U.S. domestic package:
Next Day Air 1,185 1,111 74 6.7%
Deferred 918 895 23 2.6
Ground 10,268 10,112 156 1.5
Total U.S. domestic package 12,371 12,118 253 2.1
International package:
Domestic 786 779 70.9
Export 481 443 38 8.6
Total International package 1,267 1,222 45 3.7
Consolidated 13,638 13,340 298 2.2%
Operating days in period 252 252
Average Revenue Per Piece: $
U.S. domestic package:
Next Day Air $18.69 $19.11 $ (0.42) (2.2)%
Deferred 12.89 12.72 0.17 1.3
Ground 6.36 6.16 0.20 3.2
Total U.S. domestic package 8.03 7.83 0.20 2.6
International package:
Domestic 5.73 4.80 0.93 19.4
Export 33.01 29.35 3.66 12.5
Total International package 16.08 13.70 2.38 17.4
Consolidated $8.77 $8.37 $0.40 4.8%