UPS Inc. reported a higher second-quarter profit but cut its full-year earnings forecast, citing concern of a slowing global economy.
July 24, 2012Business
UPS Extends TNT Deal Closure Date to 4Q
UPS Inc. said it expects its $6.3 billion acquisition of TNT Express NV will close in the fourth quarter, from an earlier projected Aug. 31 date, due to more time for review by European regulators.
July 16, 2012Business
UPS Freight Sets 5.9% Rate Increase
UPS Freight, the less-than-truckload unit of UPS Inc. said it was raising its rates an average 5.9%, effective July 16.
July 2, 2012Business
UPS’ $6.3 Billion Offer for TNT Begins Friday
UPS Inc. said its approximately $6.3 billion offer for Dutch package firm TNT Express will begin Friday and run through Aug. 31.
June 21, 2012Business
UPS, Teamsters Agree to Begin Contract Talks in September
The Teamsters union and UPS Inc. agreed this week to begin negotiations in late September on national UPS Inc. and UPS Freight contracts covering about 250,000 union members nationwide.
June 7, 2012Business
UPS Adds Early Deliveries for 2,600 U.S. ZIP Codes
UPS Inc. said it is establishing additional early morning delivery times for air and ground shipments in 2,600 ZIP codes as part of the company’s latest effort to enhance service to business customers.
May 25, 2012Business
UPS Sets $5 Billion Share Buyback; Boosts Cash Toward TNT Purchase
UPS Inc. approved a $5 billion share buyback program and boosted the amount of cash it plans to use to buy Dutch package firm TNT Express NV.
May 7, 2012Business
U.S. Package Operations Help Boost UPS’ 1Q Earnings
UPS Inc. posted a 6% increase in first-quarter net income, boosted by the performance of its U.S. package operations.
April 30, 2012Business
UPS Reports Higher First-Quarter Profit
UPS Inc. reported a higher first-quarter profit, led by a 19% gain in its supply chain and freight unit.
April 26, 2012Business
UPS Sets New Ground Freight Service with Mexico
UPS Inc. announced Wednesday it has set a new ground freight service between the United States and Mexico.
April 11, 2012