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This Jan. 29 photo shows UPS cargo planes at Miami International Airport in Miami. UPS reports quarterly earnings on Tuesday, July 23, 2013. (AP Photo/Alan Diaz)

UPS profit falls on shift to lower cost services

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By DAVID KOENIG

AP Business Writer

DALLAS (AP) -- UPS said Tuesday that second-quarter profit fell 4 percent as customers shifted from premium toward lower-priced shipped services.

The company called the results disappointing and said it was adapting to the changing market.

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