The operating expenses of United Parcel Service (UPS) did not drop significantly in Q4 2024. In fact, there are no available data or information regarding a decrease in UPS's operating expenses during that quarter1.
However, it is important to note that UPS did experience a decrease in operating expenses in its Supply Chain Solutions Segment due to the divestiture of Coyote, which was partially offset by growth in Logistics and other businesses2.
Overall, without further information, it is not accurate to claim that UPS's operating expenses dropped significantly in Q4 2024.