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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.

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.

UPS Inc. said Wednesday it is launching a new service called “My Choice,” which aims to give consumers greater control over home delivery.

UPS has appointed Jim Barber its new president of the UPS Europe region with responsibility for Europe, the Middle East and Africa.

UPS Mail Innovations, the business mail services division of UPS Inc., said July 13 that tracking information for its shipments is available on www.ups.com.

UPS Inc. said Monday it has significantly expanded the capacity of its express air network throughout the Central and South America.

UPS Inc. has begun using biodiesel fuel blends at its Worldport hub in Louisville, Ky., the National Biodiesel Board said.

UPS Inc. said its first-quarter profit jumped 66% from a year earlier, as revenue grew 7.3%, helping boost net income over the earlier three-month period that was beset with lower volumes and several one-time charges, the Atlanta-based corporation said on April 26.