UPS News Updates

Business

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, 2012
Business

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
Business

UPS Announces TNT Acquisition

UPS Inc. said Monday it will acquire Netherlands-based TNT Express, after boosting its offer for the Dutch package firm to 9.5 euros per share, from a previous 9 euros per share.

March 19, 2012
Business

TNT Rejects UPS’ $6.4 Billion Bid

TNT Express rejected an approximately $6.4 billion takeover bid from UPS Inc., news services reported late Friday.

February 17, 2012
Business

UPS’ Adjusted 4Q Profit Rises

UPS Inc. said Tuesday its fourth-quarter adjusted net income rose, not including new pension changes that the company had announced last week.

January 31, 2012
Business

UPS Sets 4.9% Increase in 2012 Ground, Air Rates

UPS Inc. will raise its ground and air rates by 4.9%, effective Jan. 2.

November 18, 2011
Business

UPS Offers Full Visibility for Freight Pickups

UPS Freight, the less-than-truckload division of UPS Inc., said Tuesday it was offering a new feature to allow customers full visibility of LTL shipments.

November 1, 2011
Business

UPS Reports Profit Growth As LTL, Package Rates Rise

UPS Inc. last week said strong results in its less-than-truckload unit, where revenue rose 15%, helped the company to report a 5.1% increase in third-quarter net income to $1.04 billion.

October 31, 2011
Business

UPS Seeks 10% Profit Gains, Offers New Delivery Service

UPS Inc. last week set ambitious financial targets based on annual profit growth of about 10% companywide, while also announcing a new residential package delivery service with a two-hour delivery window option.

September 19, 2011
Business

UPS Sees Higher Trucking Profits Ahead

UPS Inc. officials Thursday set ambitious financial targets based on profit growth of about 10% companywide, reiterated its adjusted 2011 earnings and said its trucking profits could double over the next three years.

September 15, 2011