UPS reported an adjusted third-quarter profit of $1.76 per share, a 12% year on-year rise that topped analysts' average estimate of $1.63 per share. Revenue was up almost 6% to $22.2 billion. During the third quarter, volumes in its dominant U.S. business grew at the highest rate in more than three years, Dykes said.

United Parcel Service Inc. returned to sales and profit growth for the first time in nearly two years as the company benefited from higher volumes, more profitable packages, and steadying labor costs.