Edition:
United States

United Parcel Service Inc (UPS.N)

UPS.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

UPS Reports Q1 Earnings Per Share $1.55
Thursday, 26 Apr 2018 07:00am EDT 

April 26 (Reuters) - United Parcel Service Inc ::UPS DELIVERS 1Q 2018 EPS OF $1.55, UP 17%.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $7.03 TO $7.37.Q1 EARNINGS PER SHARE $1.55.UPS - QTRLY REVENUE OF $17,113 MILLION VERSUS $15,510 MILLION.UPS - REAFFIRMS FULL-YEAR 2018 ADJUSTED EPS GUIDANCE.UPS - WEATHER CONDITIONS MUTED Q1 U.S. DOMESTIC RESULTS.UPS QTRLY U.S. DOMESTIC SEGMENT REVENUE INCREASED TO $10.2 BILLION, UP 7.2% OVER 1Q 2017.Q1 EARNINGS PER SHARE VIEW $1.54, REVENUE VIEW $16.46 BILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $7.24 -- THOMSON REUTERS I/B/E/S.UPS - QTRLY INTERNATIONAL REVENUE INCREASED 15%.UPS - CAPITAL EXPENDITURES IN 2018 ARE PLANNED BETWEEN $6.5 BILLION TO $7.0 BILLION.UPS - PROJECTS FREE CASH FLOW OF $4.5 BILLION TO $5.0 BILLION IN 2018.UPS - FOR U.S. DOMESTIC SEGMENT IN 1Q 2018, OPERATING PROFIT INCLUDES HEADWINDS FROM SEVERE WINTER WEATHER OF $85 MILLION.  Full Article

UPS To Invest $500 Mln In Canada And Create More Than 1,000 New Jobs
Wednesday, 21 Mar 2018 03:47pm EDT 

March 21 (Reuters) - United Parcel Service Inc ::UPS® TO INVEST $500 MILLION IN CANADA AND CREATE MORE THAN 1,000 NEW JOBS.UPS - ‍ADDING MORE THAN A MILLION SQ FT IN FACILITY SPACE ACROSS CANADA​.UPS - ‍INVESTMENT IN CANADA IS INCLUDED IN CO'S PREVIOUSLY STATED CAPITAL EXPENDITURES FOR 2018​.UPS - PLANS TO INVEST MORE THAN $500 MILLION TOWARDS FACILITY EXPANSIONS, TECHNOLOGICAL ENHANCEMENTS IN CANADA.UPS - ‍UPS CANADA SET GOAL TO HAVE 50% OF ITS FLEET RUNNING ON ALTERNATIVE FUELS BY END OF 2018​.  Full Article

CNMC Fines With 68 Mln Euros 10 Messaging And Business Package Companies
Friday, 9 Mar 2018 07:50am EST 

March 9 (Reuters) - COMISION NACIONAL DE LOS MERCADOS Y LA COMPETENCIA (CNMC)::SPAIN'S COMPETITION WATCHDOG FINES 10 MESSAGING AND BUSINESS PACKAGE COMPANIES FOR SETTING UP CARTELS TO DIVIDE CUSTOMERS‍​.TOTAL FINE FOR CORREOS EXPRESS (CEX), FEDEX, UPS, DHL, TNT, MBE, GLS, TOURLINE, ICS AND REDYSER AMOUNTS TO ABOVE 68 MILLION EUROS.  Full Article

UPS Names Jim Barber Chief Operating Officer
Tuesday, 6 Mar 2018 09:00am EST 

March 6 (Reuters) - United Parcel Service Inc ::UPS NAMES JIM BARBER CHIEF OPERATING OFFICER, APPOINTS NANDO CESARONE PRESIDENT, INTERNATIONAL.UPS - APPOINTMENT OF JIM BARBER AS CHIEF OPERATING OFFICER.UPS - ‍NANDO CESARONE IS NAMED INTERNATIONAL PRESIDENT, REPLACING BARBER​.  Full Article

UPS Worldwide Expands Express Service
Monday, 26 Feb 2018 09:30am EST 

Feb 26 (Reuters) - United Parcel Service Inc ::UPS WORLDWIDE EXPRESS SERVICE EXPANDS TO HELP BUSINESSES DELIVER URGENT SHIPMENTS IN HIGH GROWTH MARKETS.SAYS ‍IN ASIA PACIFIC REGION, SOUTH KOREA IS ONE OF 14 COUNTRIES INCLUDED IN EXPANSION OF UPS EXPRESS SERVICE​.SAYS ‍ EXPANDED UPS WORLDWIDE EXPRESS PACKAGE SERVICE TO REACH 124 COUNTRIES AND TERRITORIES.SAYS COMMITTED TO INVESTING $2 BILLION IN ITS EUROPEAN NETWORK BY 2019​.SAYS ‍BRAZIL IS ONE OF 10 COUNTRIES IN LATIN AMERICA TO EXPAND SERVICE​.SAYS ‍5 NEW COUNTRIES RECEIVED EXPRESS SERVICE INCLUDING BANGLADESH AND MADAGASCAR​.SAYS EXPANDED SERVICE IN 57 COUNTRIES AND TERRITORIES INCLUDING BRAZIL, INDIA AND SOUTH KOREA​.  Full Article

UPS To Deploy First Electric Truck To Rival Cost Of Conventional Fuel Vehicles
Thursday, 22 Feb 2018 09:00am EST 

Feb 22 (Reuters) - United Parcel Service Inc ::UPS TO DEPLOY FIRST ELECTRIC TRUCK TO RIVAL COST OF CONVENTIONAL FUEL VEHICLES.UPS - COLLABORATING WITH WORKHORSE GROUP TO DESIGN VEHICLES FROM GROUND UP, WITH ZERO TAILPIPE EMISSIONS​.UPS - ‍NEW TRUCKS WILL JOIN COMPANY'S ROLLING LAB​.UPS - PLANS TO DEPLOY 50 PLUG-IN ELECTRIC DELIVERY TRUCKS THAT WILL BE COMPARABLE IN ACQUISITION COST TO CONVENTIONAL-FUELED TRUCKS WITHOUT ANY SUBSIDIES.UPS - AFTER REAL-WORLD TEST DEPLOYMENTS, UPS AND WORKHORSE WILL FINE-TUNE DESIGN IN TIME TO DEPLOY A LARGER FLEET OF TRUCKS IN 2019 AND BEYOND​.UPS - ‍WILL TEST ELECTRIC TRUCK​ PRIMARILY ON URBAN ROUTES ACROSS COUNTRY, INCLUDING ATLANTA, DALLAS AND LOS ANGELES.  Full Article

UPS Board Announces Increased Quarterly Dividend
Thursday, 8 Feb 2018 04:05pm EST 

Feb 8 (Reuters) - Ups ::BOARD ANNOUNCES INCREASED QUARTERLY DIVIDEND.INCREASES REGULAR QUARTERLY DIVIDEND BY 10 PERCENT TO $0.91PER SHARE.  Full Article

UPS Announces New Worldwide Express Freight Midday Service
Thursday, 8 Feb 2018 09:30am EST 

Feb 8 (Reuters) - United Parcel Service Inc ::UPS ANNOUNCES NEW WORLDWIDE EXPRESS FREIGHT MIDDAY SERVICE.UPS - INTRODUCTION OF UPS WORLDWIDE EXPRESS FREIGHT™ MIDDAY, AN EXTENSION OF CURRENT UPS WORLDWIDE EXPRESS FREIGHT SERVICE.UPS - UPS WORLDWIDE EXPRESS FREIGHT SERVICE HAS EXPANDED TO LEBANON, LATVIA, AND LITHUANIA AND ADDED OUTBOUND SERVICE TO SAUDI ARABIA.UPS - ALSO ANNOUNCED EXPANSION OF UPS WORLDWIDE EXPRESS PRODUCT TO MORE THAN 7,000 POSTAL CODES IN 57 COUNTRIES.  Full Article

UPS Announces Development Of New Package Operations Center
Tuesday, 6 Feb 2018 12:53pm EST 

Feb 6 (Reuters) - United Parcel Service Inc ::UPS ANNOUNCES DEVELOPMENT OF NEW PACKAGE OPERATIONS CENTER.UPS SAYS THE NEW PACKAGE OPERATIONS CENTER WILL ADD MORE THAN 153,000 SQ. FT. OF NEW PROCESSING CAPACITY AND IS EXPECTED TO BEGIN OPERATING IN LATE 2018.  Full Article

UPS Expands International Special Commodities Program
Tuesday, 6 Feb 2018 09:00am EST 

Feb 6 (Reuters) - United Parcel Service Inc ::UPS - ANNOUNCED A EXPANSION TO ITS INTERNATIONAL SPECIAL COMMODITIES PROGRAM.UPS - CUSTOMERS CAN SHIP BIOLOGICAL SUBSTANCES, DANGEROUS GOODS IN EXCEPTED QUANTITIES, SHIPMENTS UTILIZING DRY ICE TO MORE THAN 50 ADDITIONAL DESTINATIONS.  Full Article

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UPS to spend $130 million on new natural gas vehicles, fueling stations

LOS ANGELES Package delivery company UPS on Tuesday said it will invest $130 million to buy 730 compressed natural gas vehicles and build five more domestic CNG fueling stations as the industry moves to shift from petroleum-burning vehicles to those that use less-polluting alternative fuels.