UPS Inc
Business

UPS Expands Worldwide Expedited Service

UPS Inc.

UPS Inc. said it has expdanded its worldwide expedited service by tripling the coverage area and speeding up the delivery timeframe to two to five business days.

Transport Topics
February 22, 2013
Business

UPS Boosts Dividend, Sets Reverse Logistics Deal

UPS Inc.

UPS Inc. said its board approved an 8.8% dividend increase, and separately said it will provide reverse logistics services in an arrangement with Jabil Circuit Inc.

Transport Topics
February 15, 2013
Business

UPS Expands Health-Care Logistics Network

UPS Inc.

UPS Inc. said Tuesday it has expanded its health-care distribution network, adding to or enlarging five distribution centers for the growing market sector.

Transport Topics
February 5, 2013
Business

UPS Reports 4Q Loss on Retirement-Plan Charge; Posts Adjusted Profit for Quarter

UPS Inc.

UPS Inc. reported a fourth-quarter net loss on a $3 billion retirement-plan charge but posted an adjusted operating profit for the period.

Transport Topics
January 31, 2013
Business

UPS Gives Up on TNT Merger, Turns Attention to Other Deals

Flush with a $9 billion stockpile after abandoning their $6.8 billion acquisition of TNT NV last week, UPS Inc. officials said they are evaluating other acquisitions consistent with their long-term growth strategy.

January 21, 2013
Business

UPS Says Thursday Will Be Busiest Day of Peak Holiday Week

UPS Inc. said that Monday begins its seasonal peak week of the year and that it plans to deliver more than 135 million packages around the world this week, culminating with 28 million deliveries Thursday, its busiest day of the holiday season.

Transport Topics
December 17, 2012
Business

UPS Sets 4.9% Ground Rate Increase for 2013

UPS Inc.

UPS Inc. said it was raising its 2013 ground rates by an average of 4.9%, effective Dec. 31.

Transport Topics
November 19, 2012
Business

UPS Reports Drop in Net Income, But Offers Upbeat Forecast on 4Q

Parcel carrier UPS Inc. said its third-quarter net income fell 56.3% to $469 million from a year earlier due to a one-time charge on pension funding, but its upbeat forecast for the fourth quarter led its stock to jump 3% immediately following the company’s Oct. 23 report.

October 29, 2012
Business

UPS, Teamsters Begin Talks on New Labor Contract

UPS Inc. last week began contract talks with the Teamsters union, while the company awaited additional developments in its planned $6.7 billion purchase of TNT Express N.V., its largest-ever planned acquisition.

October 1, 2012
Business

UPS to Restructure New England Teamsters’ Pension Pact

UPS Inc. said it reached an agreement with the Teamsters union to restructure a pension plan covering 10,200 union workers in the New England region.

Transport Topics
August 27, 2012

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