UPS Inc. said Tuesday it has expanded its health-care distribution network, adding to or enlarging five distribution centers for the growing market sector.
February 5, 2013Business
UPS Reports 4Q Loss on Retirement-Plan Charge; Posts Adjusted Profit for Quarter
UPS Inc. reported a fourth-quarter net loss on a $3 billion retirement-plan charge but posted an adjusted operating profit for the period.
January 31, 2013Business
UPS Gives Up on TNT Merger, Turns Attention to Other Deals
Flush with a $9 billion stockpile after abandoning their $6.8 billion acquisition of TNT NV last week, UPS Inc. officials said they are evaluating other acquisitions consistent with their long-term growth strategy.
January 21, 2013Business
UPS Announces New International Express Air Freight Service
UPS Inc. announced Wednesday a new international express airfreight service for heavy shipments.
January 2, 2013Business
UPS Says Thursday Will Be Busiest Day of Peak Holiday Week
UPS Inc. said that Monday begins its seasonal peak week of the year and that it plans to deliver more than 135 million packages around the world this week, culminating with 28 million deliveries Thursday, its busiest day of the holiday season.
December 17, 2012Business
UPS Raises Parcel Rates; TNT to Sell Cargo Airline
UPS Inc. will increase its rates for parcel shipping by 4.5% for air-express packages and by 4.9% for ground delivery, effective Dec. 31.
November 26, 2012Business
UPS Sets 4.9% Ground Rate Increase for 2013
UPS Inc. said it was raising its 2013 ground rates by an average of 4.9%, effective Dec. 31.
November 19, 2012Business
UPS Unveils Cloud-Based Technology
UPS Inc. announced a new cloud-based platform it said will better enable customers to collaborate with international suppliers.
November 15, 2012Business
UPS Reports Drop in Net Income, But Offers Upbeat Forecast on 4Q
Parcel carrier UPS Inc. said its third-quarter net income fell 56.3% to $469 million from a year earlier due to a one-time charge on pension funding, but its upbeat forecast for the fourth quarter led its stock to jump 3% immediately following the company’s Oct. 23 report.
October 29, 2012Business
UPS, Teamsters Begin Talks on New Labor Contract
UPS Inc. last week began contract talks with the Teamsters union, while the company awaited additional developments in its planned $6.7 billion purchase of TNT Express N.V., its largest-ever planned acquisition.
October 1, 2012