United Parcel Service reported its first revenue and earnings gains in two years early Thursday, sending its shares into a brisk rally in premarket trade. Freight delivery peer FedEx picked up on the positive turn, its shares also rising early Thursday. The company reported consolidated operating profit of $2.0 billion, up 47.8% vs. the third quarter of 2023, and up 22.8% on a non-GAAP adjusted basis.