UPS

By Jeff Berman · August 19, 2015
UPS said this week it has officially completed the closing of its $1.8 billion acquisition of Coyote Logistics. The deal was made official on July 31.
By Jeff Berman · July 31, 2015
Rumors of transportation and logistics titan UPS acquiring Chicago-based transportation management services provider Coyote Logistics for $1.8 billion have become a reality, with UPS announcing today that the deal is now official.
By Jeff Berman · July 29, 2015
UPS Access Point locations serve as a replacement delivery address when consumers are not at home to receive a package or when consumers want a delivery to go somewhere other than their residence.
By Jeff Berman · July 28, 2015
Citing currency exchange rates and lower fuel surcharges, second quarter revenue for transportation and logistics titan UPS dropped 1.2 percent to $14.1 billion, the Atlanta-based company reported today. Even though revenue was slightly down, earnings per share saw a 12 percent annual gain at $1.35, which was above Wall Street estimates of $1.27.
By Jeff Berman · July 17, 2015
This service, which functions as an express freight service geared towards urgent, time-sensitive, and high-value international shipments, was initially launched by Big Brown in January 2013.
By Jeff Berman · July 15, 2015
Transportation and logistics bellwether UPS said this week it has expanded its UPS Preferred multimodal freight services portfolio with the introduction of a less-than-container load (LCL) option for China-to-Europe rail shipments.
By LM Staff · June 17, 2015
FedEx Corp. today reported adjusted earnings of $2.66 per diluted share for the fourth quarter ended May 31, compared to adjusted earnings of $2.54 per diluted share a year ago, thereby falling short of what many market analysts expected.
By Jeff Berman · May 21, 2015
Various media outlets reported this week that UPS will pay $25 million to settle allegations that it filed false claims to the federal government over guarantees it made related to delivery of Next Day air overnight packages.
By Jeff Berman · May 20, 2015
As the supply chains of high-tech shippers continue to mature and innovate, coupled with rapid growth, it is not a huge surprise to see them further leverage current strategies and lay the groundwork for newer ones, when it comes to further expanding their manufacturing supply chain capabilities. That was a key theme in the fifth Annual UPS Change in the (Supply) Chain (CITC) survey that was rolled out today.
By Bob Trebilcock · May 14, 2015
UPS and FedEx have changed they way they charge our customers to ship their orders. That's creating an opportunity for our industry to play a role in reducing packaging and shipping costs.
By Jeff Berman · May 13, 2015
Earlier this week, UPS opened up a healthcare-dedicated air freight forwarding facility at Amsterdam Schipol, Netherlands, which it said serves as an expansion of its European-based temperature-controlled supply chain capabilities.
By LM Staff · April 29, 2015
Richard Peretz, UPS Corporate Controller and Treasurer, will assume the role of Chief Financial Officer, replacing Kurt Kuehn, whom will be retiring following a 38-year career with Big Brown.

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