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Filed in Express

Wednesday, September 18, 2013

The Memphis-based company also said that quarterly revenue—at $11.0 billion—was up 2 percent, and operating income—at $795 million—saw a 7 percent gain. Operating margin—at 7.2 percent—moved up from 6.9 percent a year ago. FedEx reported earnings per share of $1.53, which was up 5.3 from $1.45 from last year, topping Wall Street estimates of $1.50 per share.
Posted on 09/18 at 10:20 AM
NewsUPSFedExExpressPermalink


Monday, August 12, 2013

Last week, Rotunda Capital Partners, a middle market private equity firm, announced it sold off global logistics services provider Worldwide Express to an investment group, which included a significant investment from Worldwide’s management team.
Posted on 08/12 at 08:10 AM
NewsTruckloadUPSLTLExpressParcel ShippingPermalink


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.
Posted on 04/25 at 09:36 AM
NewsGlobal LogisticsUPSExpressPermalink


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.
Posted on 03/21 at 10:13 AM
NewsGlobal LogisticsUPSExpressPermalink


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.
Posted on 01/31 at 11:00 AM
NewsUPSParcelExpressPermalink


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.
Posted on 01/03 at 11:59 AM
NewsPalletsUPSExpressPermalink


Wednesday, December 12, 2012

DHL U.S. CEO provides LM with an update of its expansion in Miami and recent Global Buyer Initiative update.
Posted on 12/12 at 02:35 PM
NewsDHLParcelExpressPermalink


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.
Posted on 09/11 at 01:06 PM
NewsUPSFedExChinaExpressPermalink


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.
Posted on 07/12 at 10:19 AM
NewsGlobal LogisticsUPSFedExParcelExpressParcel ExpressPermalink


Friday, May 11, 2012

FedEx is set to acquire TATEX, a France-based B2B express transportation company focused on heavy shipments.
Posted on 05/11 at 09:21 AM
NewsGlobal LogisticsFedExExpressPermalink



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