UPS

By Jeff Berman · October 25, 2013
Hitting its stride in the second half of year, UPS announced today that third quarter revenue jumped up 3.4 percent to $13.5 billion, and operating profit rose 133.5 percent to $1.8 billion. Quarterly earnings per share—at $1.16—increased 9.4 percent and edged Wall Street analysts’ expectations of $1.15 per share.
By Jeff Berman · October 16, 2013
UPS recently announced it has expanded its UPS Preferred Less-Than-Container Load (LCL) expedited ocean freight service between Asia and three Mexico-based locales in Monterrey, Mexico City, and Guadalajara.
By Jeff Berman · October 11, 2013
UPS this week rolled out a new service that offers shippers a guaranteed economical option for ground package delivery south of the U.S. border.
By Jeff Berman · October 9, 2013
Natural gas utilization continues to be a major action item for transportation and logistics bellwether UPS, with the company announcing this week that it will invest roughly $50 million to build another nine liquefied natural gas (LNG) fueling stations.
By Jeff Berman · October 7, 2013
Transportation and logistics bellwether UPS recently rolled out new shipment service levels for its Temperature True Portfolio, which is comprised of various services focused on protecting temperature-sensitive healthcare products, which includes quality assurance support and 24/7 control tower monitoring.
By Jeff Berman · 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.
By Jeff Berman · September 17, 2013
The drivers for healthcare supply chain executives to make strategic supply chain investments and decisions are more than just a few, given the many moving parts of the healthcare supply chain. This was made clear in the sixth annual UPS “Pain in the (Supply) Chain” healthcare survey.
By Jeff Berman · August 15, 2013
Transportation and logistics bellwether UPS announced this week that it opened up two new China-based contract logistics distribution facilities in Chengdu and Shanghai as part of its commitment to serve the growing domestic Chinese market.
By Jeff Berman · August 14, 2013
In a continued effort to improve service and maintain an efficient network through the Midwest, UPS Freight, the less-than-truckload (LTL) subsidiary of transportation and logistics bellwether UPS, opened up a second facility in Indianapolis, Ind. on Monday.
By LM Staff · August 14, 2013
Various media outlets are reporting that a UPS cargo plane crashed in a field while attempting to land at the Birmingham, Alabama airport around 6 a.m. ET today.
By Jeff Berman · 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.
By John D. Schulz · July 18, 2013
The company was dealt an historic rebuke when the largest union contract in North America covering 235,000 full- and part-time Teamsters at UPS’s parcel division rejected 18 side agreements known as supplemental agreements. The master parcel contract was passed by a narrow 53-47 margin.
By Jeff Berman · July 12, 2013
UPS said today it is lowering its diluted earnings per share guidance to $1.13, which is below the Wall Street estimate of $1.20.
By Jeff Berman · July 2, 2013
The company said that this offering is a proactive shipment monitoring and risk management product that protects consumers against lost profits, as well as help ensure time- and temperature-sensitive shipments reach their destinations while guaranteeing up to the retail value, and other costs, when unexpected events occur, such as weather delays.
By Jeff Berman · June 27, 2013
UPS intends to buy an additional 285 natural-gas powered trucks in 2014, which will cover every new heavy-duty vehicle purchased for its small-package delivery business, according to a Bloomberg News report.

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