Delivery package giant UPS said second quarter earnings soared 71 percent over the 2009 quarter, while revenue grew 13 percent.
Each of the company's business segments posted a profit.

"UPS fired on all cylinders in the second quarter even in the face of a mixed global economic environment," said Scott Davis, UPS's chairman and CEO. "Thanks to superb execution, our U.S. domestic reorganization is producing better than expected results. Substantial growth in our international segment continues to outpace the market. It's clear the strategic direction we've set for the company is proving successful."

The company posted 84 cents a share in earnings, up from 44 cents a share during the second quarter of 2009. Meanwhile, total revenue was $12.2 billion, compared to $10.8 billion in 2009.

UPS Freight saw revenue grow 10 percent to $2.16 billion from $1.79 billion a year ago. The boost was driven by improved yield and higher weight per shipment, the company said. Operating profit in the segment was $133 million, up from 2009's $126 million.

Within its international package segment, operating profit increased 78 percent to $521 million on a 23 percent jump in revenue.

The company has increased its expectations for 2010 earnings to a range of $3.35 to $3.45 per share, a 45 to 50 percent boost over last year.

"UPS's performance in the second quarter was driven by our ability to respond to customer's needs through our broad product portfolio and integrated global network," said Kurt Kuehn, UPS's chief financial officer. "Despite the anticipated slow pace of the U.S. recovery and a cautious outlook for Europe, we are confident in our ability to grow the business and improve profits."