UPS Inc. said Tuesday its fourth-quarter and full-year net income rose as it delivered almost 4 billion packages in 2010, and that it expects its 2011 profits to hit an all-time high.
February 1, 2011Business
UPS, FedEx Suspend Some Japan Service Due to Earthquake
UPS Inc. and FedEx Corp. suspended some package-delivery service in and around Tokyo because of Japan’s earthquake Friday, while several truck and auto makers scrambled to assess the damage in that country, Bloomberg reported.
March 14, 2011Business
UPS Buys 48 LNG Heavy Trucks
UPS Inc. has purchased 48 heavy trucks powered by liquefied natural gas and will deploy them this year, it said Tuesday.
February 22, 2011Business
UPS Posts $1.12 Billion 4Q Profit as Volume, Rates Rise
UPS Inc. nearly doubled its fourth-quarter net earnings, which shot up to $1.12 billion as volumes and pricing improved across almost all business segments, the parcel carrier said Feb. 1.
February 7, 2011Business
UPS Boosting Dividend
Two days after posting a big fourth-quarter profit, UPS Inc. said it is boosting its dividend by 5 cents per share.
February 3, 2011Business
UPS’ Fourth-Quarter Income Jumps
Business
UPS to Sell Logistics Tech Business
UPS Inc. said Friday it will sell its UPS Logistics Technologies unit to Thoma Bravo, a private equity firm.
November 19, 2010Business
UPS Freight Improves U.S.-Canada Freight-Lane Times
UPS Freight said Tuesday it has improved transit times between U.S. cities and Calgary and Edmonton, Alberta, Canada.
November 18, 2010Business
UPS Sets 4.9% Rate Increase for 2011
UPS Inc. has set a 4.9% net increase for 2011 for ground packages, air express and U.S.-origin international shipments.
November 1, 2010Business
UPS Projects 7.5% Higher Holiday Volume
UPS Inc. said it expects its holiday volume to be 7.5% higher than a year ago and has added flights in China to meet surging export demand, Bloomberg reported.
October 25, 2010Business
UPS’ Third-Quarter Net Income Soars 80%
UPS Inc. said Oct. 21 its third-quarter net income jumped 80% to $991 million from a year earlier, on the strength of higher rates and rising profits for domestic and international packages.
October 25, 2010