UPS’ Fourth-Quarter Income Jumps
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.
February 1, 2011UPS to Sell Logistics Tech Business
UPS Inc. said Friday it will sell its UPS Logistics Technologies unit to Thoma Bravo, a private equity firm.
November 19, 2010UPS 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.
November 18, 2010UPS Sets 4.9% Rate Increase for 2011
UPS Inc. has set a 4.9% net increase for 2011 for ground packages, air express and U.S.-origin international shipments.
November 1, 2010UPS 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.
October 25, 2010UPS’ 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, 2010UPS’ Third-Quarter Income Jumps 80%
UPS Inc. said Thursday its third-quarter income jumped 80% to $991 million, or 99 cents a share, from $549 million, or 55 cents, a year ago.
October 22, 2010Preparations Under Way at UPS, FedEx for Holiday Surge in Shipping Demand
Officials with the largest package delivery companies said they are in the early stages of preparing themselves for the familiar flood of holiday shipments.
October 17, 2010UPS to Hire 50,000 Seasonal Workers
UPS will to hire 50,000 seasonal employees for this year’s holiday season, matching last year’s total, news services reported.
October 7, 2010UPS Buys 130 Hybrid Trucks
UPS Inc. said it has purchased 130 hybrid electric vehicles, which the package carrier will launch into service next year.
October 4, 2010