UPS

By John Schulz · April 26, 2013
UPS said yesterday that it has reached a tentative agreement with the Teamsters on two, new five-year contracts for UPS’s small package and freight business units.
By Jeff Berman · 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.
By John D. Schulz · March 25, 2013
UPS and the Teamsters union are “far apart” during their ongoing contract talks that began with optimism last year that an agreement could be reached before the current five-year deal expires July 31.
By Jeff Berman · 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.
By Jeff Berman · February 28, 2013
This service, said UPS, provides shippers with time-in-transit improvements that leverage its existing North American freight network.
By Jeff Berman · February 12, 2013
Company officials said this expansion was made to address market trends related to increased manufacturing and consumer demand in many regions, with these lanes originating in Asia, Europe, the Middle East, Africa, and South Africa. With this expansion, UPS has more than 1,700 direct LCL lanes serving 116 countries.
By Jeff Berman · February 7, 2013
Transportation and logistics bellwether UPS continues to make inroads in its healthcare logistics portfolio, with this week’s announcement that it is expanding its global healthcare distribution network in five North American markets, including: Burlington, Ontario, Louisville, Ky., Mira Loma, Calif., Atlanta, Ga., and Reno, Nev.
By Jeff Berman · 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.
By Jeff Berman · January 30, 2013
Lack of clearance from European Commission halts UPS' plans for significant European expansion
By Patrick Burnson · January 23, 2013
The Forum's biennial report, covering 132 economies worldwide, measures the abilities of economies to enable trade and highlights areas where improvements are most needed.
By Jeff Berman · January 14, 2013
Expected decision to nix the deal halts UPS' plans for significant European expansion
By Jeff Berman · January 3, 2013
UPS this week rolled out a new express air freight service geared towards urgent, time-sensitive and high-value international shipments.
By Jeff Berman · December 18, 2012
If you see a few more UPS delivery trucks than usual in your neighborhood this week, do not be surprised. There are more than a few reasons for that.
By LM Staff · December 3, 2012
The company said rates for each service will increase by a net average of 4.9 percent and take effect on January 7, 2013.
By Jeff Berman · November 19, 2012
According to company officials, non-contractual 2013 rates will be comprised of a net increase of 4.5 percent for UPS Air and International Services and UPS ground packages are going up 4.9 percent.

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