News: United Parcel Service Inc (UPS)

UPS on New York Consolidated

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19 Dec 2014
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Wed, Dec 24 2014

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U.S. Postal Service eyes e-commerce to offset declining mail

CHICAGO - Facing a slump in the mail it had been delivering since the days of America's Revolutionary War, in 2012 the U.S. Postal Service began aggressively targeting e-commerce and lapsed customers as the way to salvage its declining business.

U.S. Postal Service eyes e-commerce to offset declining mail

CHICAGO, Dec 24 - Facing a slump in the mail it had been delivering since the days of America's Revolutionary War, in 2012 the U.S. Postal Service began aggressively targeting e-commerce and lapsed customers as the way to salvage its declining business.

UPS, FedEx cap air express deliveries: WSJ

- United Parcel Service Inc  and FedEx Corp started limiting air express deliveries after a last-minute increase in shipped packages caused some retailers to exceed agreed-upon limits, the Wall Street Journal reported, citing people briefed on the situation.

Gasoline price drop could boost U.S. holiday spending: UPS CFO

ATLANTA - Lower U.S. gasoline prices could boost consumer spending ahead of the holiday season, a critical period for the retail sector, a top executive at United Parcel Service Inc said on Tuesday.

UPS CEO: Unplanned holiday surge could cost retailers

ATLANTA - United Parcel Service Inc's chief executive officer said on Monday the company's closer collaboration with major retailers should bring a smooth holiday season, but he said UPS would charge customers more or even refuse packages if last-minute sales by a major customer threaten the company's system.

UPDATE 2-UPS CEO: Unplanned holiday surge could cost retailers

ATLANTA, Nov 17 - United Parcel Service Inc's chief executive officer said on Monday the company's closer collaboration with major retailers should bring a smooth holiday season, but he said UPS would charge customers more or even refuse packages if last-minute sales by a major customer threaten the company's system.

UPS CEO: Retailers could pay for late unplanned peak surge

ATLANTA, Nov 17 - United Parcel Service Inc's chief executive officer said on Monday the company's closer collaboration with major retailers should bring a smooth holiday season, but he said UPS would charge customers more or even refuse packages if last-minute sales by a major customer threaten the company's system.

UPS sees full-year 2015 EPS range $5.45 to $5.70 - CFO

CHICAGO, Nov 13 - United Parcel Service Inc expects full-year 2015 earnings per share to fall within a range of $5.45 to $5.70, the company's chief financial officer Kurt Kuehn said on Thursday.

Teamsters step up union drive at FedEx Freight, Con-way

CHICAGO, Nov 10 - After years of failed efforts, the Teamsters union has won a toehold in the trucking units of FedEx and Con-way and is targeting more facilities at both, potentially threatening what analysts see as a core competitive advantage for the companies.

Ex-UPS exec's son pleads guilty to fraud scheme over Maxim magazine

NEW YORK - The son of a former United Parcel Service Inc vice president pleaded guilty to a scheme in which he impersonated his father to fraudulently obtain millions of dollars intended to finance the purchase of Maxim magazine.

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