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UPS Inc. posted a 3.5% increase in third-quarter net income to $1.26 billion, compared with the same three months in 2014, even as quarterly revenue dipped by 0.4% to $14.24 billion.

UPS Inc. posted a 3.5% increase in third-quarter net income to $1.26 billion from $1.21 billion, even as quarterly revenue dipped by 0.4% to $14.24 billion from $14.29 billion, compared with the same three months in 2014.

UPS Inc. announced rate increases of 4.9% on average for the majority of its business, citing higher costs and other factors.

In time for the holiday season, UPS is rolling out to 100 cities a program that requires people in some neighborhoods to fetch packages at nearby locations — such as a druggist or dry cleaner — if they weren’t home to meet a driver.

UPS Inc. recently asked in its official blog if global trade needs a virtual currency like Bitcoin as the world becomes more connected.

UPS Inc. said it will add between 90,000 and 95,000 seasonal employees to support the anticipated increase in package volume that begins in November and lasts through January.

UPS Inc. announced that it purchased 125 additional hybrid electric delivery trucks as part of a broader program to deploy electric-powered vehicles with longer range and performance.

For almost 80 years, Blue Star Gas distributed propane throughout the U.S. West Coast on trucks mostly powered by gasoline. Now the company is working to convert its 55 vehicles to run on the same stuff it delivers.