Filed in Express

Thursday, April 25, 2013

UPS reported today that first quarter revenue rose 2.2 percent year-over-year to $13.43 billion, with operating profit up 0.7 percent at $1.58 billion. Quarterly earnings per share—at $1.04—saw a 7.4 percent gain and beat Wall Street analysts expectations of $1.01 per share.

Thursday, March 21, 2013

UPS has officially acquired the 49 percent interest of Vietnam-based VN Express in the joint delivery venture between the companies, whom initially first partnered in 1994, with VN Express serving at UPS’s authorized agent in Vietnam, prior to establishing a joint stock company in 2010.

Thursday, January 31, 2013

Transportation and parcel bellwether UPS reported today that fourth quarter revenue increased 2.3 percent annually to a record $14.57 billion, and adjusted operating profit saw a 41 percent gain to record $2.05 billion. And earnings per share at $1.32 saw a 3 percent gain, falling short of Wall Street estimates of $1.38 per share.

Thursday, January 03, 2013

UPS this week rolled out a new express air freight service geared towards urgent, time-sensitive and high-value international shipments.

Wednesday, December 12, 2012

DHL U.S. CEO provides LM with an update of its expansion in Miami and recent Global Buyer Initiative update.

Tuesday, September 11, 2012

According to a Wall Street Journal report, the Chinese government has granted both companies the green light to provide intra-China express package services.

Thursday, July 12, 2012

While transportation and logistics bellwethers UPS and FedEx are well-established in all corners of the world, one area where their presences could be even greater felt is China.

Friday, May 11, 2012

FedEx is set to acquire TATEX, a France-based B2B express transportation company focused on heavy shipments.

Thursday, April 26, 2012

The company’s U.S. Domestic and Supply Chain and Freight segments paced quarterly growth for the company, with 13 and 19 percent gains in operating profit, respectively.

Tuesday, April 17, 2012

FedEx said this morning it is in discussions about a potential plan to acquire TATEX, a France-based B2B express transportation company focused on heavy shipments. This potential deal follows FedEx’ early April acquisition of Poland-based courier company Opek Sp.Z o.o.