UPS has become the latest logistics firm to beat analysts’ expectations for Q2 with revenue growth of 13.3% year over year compared to a 4.0% decline in analysts’ forecasts. The firm has benefited from “changes in demand that emerged from the pandemic” according to CEO Carol Tomé though the firm only expects to see “a more gradual recovery” in the rest of the year. UPS’s growth was led by the package delivery business but also included a surge in forwarding and logistics revenues. Future growth depends on investment as well as the economy with...