United Parcel Service (UPS) has announced its third-quarter earnings, marking a significant turnaround with a return to revenue and profit growth for the first time in nearly two years. The company reported a revenue increase to $22.2 billion, outperforming forecasts and leading to a surge in stock value. Analysts noted a 48% hike in profits as domestic deliveries ramped up in anticipation of the holiday season. Despite this positive momentum, UPS cautioned about potential challenges from cheap deliveries impacting peak season forecasts. Nonetheless, the solid earnings results have resulted in a rally of UPS shares, signaling a recovery from a difficult 18-month period.