UPS is consolidating some parcel operations to improve efficiency. (Photo: Jim Allen/FreightWaves) UPS’ domestic parcel volumes returned to growth in the second quarter for the first time since late 2021, but the company’s stock was down 13% late Tuesday as revenue and operating profit fell below analysts’ predictions and the parcel logistics company tightened full-year guidance. UPS now projects 2024 revenue of $93 billion versus a previous forecast of up to $94.5 billion and capital expenditures of $4 billion, $500 million less than before. It’s been a busy few weeks for UPS (NYSE: UPS). The company on Monday announced it...