UPS Inc
Business

UPS Airlines’ Mechanics Ratify Contract

UPS Inc. said its aircraft mechanics represented by the Teamsters union have ratified a new labor contract that runs through Nov. 1, 2013.

Transport Topics
April 7, 2011
Business

UPS, FedEx Suspend Some Japan Service Due to Earthquake

UPS Inc. and FedEx Corp. suspended some package-delivery service in and around Tokyo because of Japan’s earthquake Friday, while several truck and auto makers scrambled to assess the damage in that country, Bloomberg reported.

Transport Topics
March 14, 2011
Business

UPS Posts $1.12 Billion 4Q Profit as Volume, Rates Rise

UPS Inc. nearly doubled its fourth-quarter net earnings, which shot up to $1.12 billion as volumes and pricing improved across almost all business segments, the parcel carrier said Feb. 1.

February 7, 2011
Business

UPS Boosting Dividend

Two days after posting a big fourth-quarter profit, UPS Inc. said it is boosting its dividend by 5 cents per share.

Transport Topics
February 3, 2011
Business

UPS’ Fourth-Quarter Income Jumps

TT File Photo

UPS Inc. said Tuesday its fourth-quarter and full-year net income rose as it delivered almost 4 billion packages in 2010, and that it expects its 2011 profits to hit an all-time high.

Transport Topics
February 1, 2011
Business

UPS to Sell Logistics Tech Business

UPS Inc. said Friday it will sell its UPS Logistics Technologies unit to Thoma Bravo, a private equity firm.

Transport Topics
November 19, 2010
Business

UPS Freight Improves U.S.-Canada Freight-Lane Times

UPS Freight said Tuesday it has improved transit times between U.S. cities and Calgary and Edmonton, Alberta, Canada.

Transport Topics
November 18, 2010
Business

UPS Sets 4.9% Rate Increase for 2011

UPS Inc.

UPS Inc. has set a 4.9% net increase for 2011 for ground packages, air express and U.S.-origin international shipments.

Transport Topics
November 1, 2010
Business

UPS Projects 7.5% Higher Holiday Volume

UPS Inc. said it expects its holiday volume to be 7.5% higher than a year ago and has added flights in China to meet surging export demand, Bloomberg reported.

Transport Topics
October 25, 2010
Business

UPS’ Third-Quarter Net Income Soars 80%

UPS Inc. said Oct. 21 its third-quarter net income jumped 80% to $991 million from a year earlier, on the strength of higher rates and rising profits for domestic and international packages.

October 25, 2010

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