What impact did the United States Domestic Package segment have on UPS's Q3 2024 revenue?

The United States Domestic Package segment had a negative impact on UPS's Q3 2024 revenue, contributing to the overall revenue decline. 1. **Revenue Decline**: The United States Domestic Package segment revenue fell by 1.9% year-over-year to $14.12 billion. This decline reflected a 2.6% decrease in revenue per piece, primarily due to changes in product mix. 2. **Operating Margin Impact**: The adjusted operating margin for the U.S. Domestic Segment was 7.1%, which is lower than the consolidated adjusted operating margin of 9.5%. This indicates that the domestic package segment contributed less to the overall profitability of the company. 3. **Comparative Analysis**: When compared to the six-analyst average estimate of $14.55 billion, the reported revenue from the domestic package segment was below expectations. This suggests that the segment performed less well than anticipated, negatively influencing the overall revenue outcome for the quarter. 4. **Broader Context**: The decline in revenue from the U.S. Domestic Package segment is part of a broader trend of revenue decreases across UPS's segments, including international package and supply chain solutions. This implies that the challenges faced by the domestic package segment are not isolated, affecting the overall financial performance of the company. In summary, the United States Domestic Package segment's revenue decline and lower operating margin contribute to UPS's Q3 2024 revenue shortfall, reflecting broader challenges across the company's service offerings.