UPS Inc. plans to spend $80 million to expand its facility near Memphis International Airport, according to the development board of Memphis, Tenn.
November 19, 2013Business
UPS’ 3Q Profits More Than Double as Domestic Parcel Business Jumps
UPS Inc.’s third-quarter earnings more than doubled to exceed $1 billion, owing to a year-earlier pension charge as well as help from improved domestic package business and higher less-than-truckload revenue.
November 4, 2013Business
UPS More Than Doubles 3Q Income
Parcel carrier UPS Inc. said its third-quarter net income grew by 133%, primarily due to growth in e-commerce shipments in the United States and increased exports from Europe.
October 25, 2013Business
UPS to Spend $50 Million For 9 More LNG Stations
The use of natural gas as a trucking fuel was back in the spotlight last week, as the largest U.S. trucking company and a key fuel supplier announced new investments.
October 14, 2013Business
UPS Expands Shipment Options to Mexico
UPS Inc. has expanded shipment options to Mexico with a discount door-to-door ground service and expanded preferred less-than container-load expedited ocean freight service.
October 10, 2013Business
UPS Teamsters to Vote Again on Rejected Agreements
Teamsters at UPS Inc. will vote again starting Sept. 18 on seven of the 17 supplemental agreements that were rejected in June when the national master agreement was approved, the union has announced.
September 9, 2013Business
UPS to Buy Two Costa Rican Freight Companies
UPS Inc. has agreed to buy two Costa Rican freight companies, a parcel carrier and freight broker, that it said will improve the ability of customers both inside and outside the country to ship.
September 4, 2013Business
UPS Cargo Plane Crashes in Alabama
A UPS Inc. cargo aircraft crashed outside of Birmingham, Ala., Wednesday morning, killing the plane’s pilot and co-pilot, news reports said.
August 14, 2013Business
UPS Opens Two Distribution Centers in China
UPS Inc. said Tuesday it has opened two new distribution centers in China, increasing access to developing rural and urban areas.
August 13, 2013Business
UPS Profits Dip 4% to $1.07 Bln. on Slumping International Freight
UPS Inc.’s second-quarter net income fell 4% to $1.07 billion from a year earlier, weighed down, company officials said, by slumping international freight forwarding and some customer hesitation to make package shipping commitments during Teamsters union contract talks.
July 29, 2013