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United Parcel Service Inc

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  • UPS predicts 11 percent hike in December packages Wednesday, 29 Oct 2014 | 11:38 AM ET

    United Parcel Service Inc. said Wednesday that it will handle 585 million packages worldwide in December, which would equal the 11 percent increase that the company predicted last week. Rival FedEx Corp. expects a busy holiday season too, with December shipments up 8.8 percent from the same month last year. Shares of Atlanta- based UPS fell 40 cents to $102.50 in...

  • UPS expects double-digit surge in Dec shipments Friday, 24 Oct 2014 | 3:13 PM ET

    That's good for United Parcel Service Inc. and FedEx Corp., and on Friday, UPS predicted that December shipments will rise 11 percent over the same month last year. Atlanta- based UPS offered the forecast while reporting that third-quarter net income rose 11 percent to $1.21 billion, or $1.32 per share, beating Wall Street expectations of $1.28 per share.

  • CHICAGO, Oct 24- United Parcel Service Inc may charge major customers more for a surge in late, unplanned packages or turn down the business if it threatens disruptions during the peak holiday season, a top executive said on Friday, trying to avoid a repeat of last year's delivery meltdown. UPS and main rival FedEx Corp, both considered U.S. economic bellwethers, are...

  • CHICAGO, Oct 24- Robust U.S. consumer and business demand plus strong growth in Asia drove a higher-than-expected quarterly profit at package delivery company United Parcel Service Inc and its top executive said that after a challenging holiday period last year the firm is ready for the 2014 peak season. UPS, the world's largest shipping company, and its main...

  • Early Movers: F, PG, UPS, AMZN, MSFT Friday, 24 Oct 2014 | 8:44 AM ET

    Some of the names on the move ahead of the open.

  • CHICAGO, Oct 24- Robust U.S. consumer and business demand plus strong growth in Asia drove a higher-than-expected quarterly profit at package delivery company United Parcel Service Inc.. Atlanta- based UPS also confirmed its full-year profit outlook, predicting earnings per share of between $4.90 to $5.00. UPS posted revenue of $14.29 billion for the quarter,...

  • UPS expects double-digit surge in Dec shipments Friday, 24 Oct 2014 | 8:09 AM ET

    UPS also reported third-quarter earnings of $1.32 per share on revenue of $14.29 billion. That exceeded the expectations of analysts surveyed by Zacks Investment Research, who predicted earnings of $1.28 per share on revenue of $14.2 billion. The stock rose $1.22 to $101.70 before the market open.

  • CHICAGO, Oct 24- United Parcel Service Inc reported a better-than-expected quarterly profit on Friday, driven by growing demand, improving margins in the United States and strong growth in Asia and Europe. UPS, the world's largest shipping company, reported earnings per share of $1.32, up 14 percent from $1.16 a year earlier. Atlanta- based UPS posted revenue of...

  • UPS beats Street 3Q forecasts Friday, 24 Oct 2014 | 7:57 AM ET

    ATLANTA _ United Parcel Service Inc. on Friday reported third-quarter earnings of $1.21 billion. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.28 per share. Analysts expected $14.2 billion, according to Zacks.

  • Market on track for strong week; wary of Ebola news Thursday, 23 Oct 2014 | 7:02 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Stocks head into Friday on track for the best weekly performance in 22 months, yet new Ebola fears and other geopolitical headlines could be wild cards.

  • CHICAGO, Oct 23- Determined not to repeat a holiday season that left millions of packages delivered too late and customers seething, United Parcel Service Inc and FedEx Corp are investing heavily in new infrastructure- but the continued dynamic growth of e-commerce will test those efforts. Even so, the rise in shipping originating with e-tailers including...

  • FedEx, UPS make plans for a better holiday season Wednesday, 22 Oct 2014 | 5:14 PM ET

    DALLAS— Facing an even bigger mountain of packages this holiday season, FedEx and UPS are hiring more workers to avoid the delays that frustrated shoppers and gift-recipients a year ago. On Wednesday, FedEx Corp. said it expects deliveries between Thanksgiving and Christmas Eve to rise 8.8 percent over last year, to 290 million shipments.

  • FedEx predicts record holiday shipments for 2014 Wednesday, 22 Oct 2014 | 10:08 AM ET
    A FedEx worker scans a pile of boxes at a FedEx sort facility.

    Package delivery company FedEx forecast a record holiday season, with 22.6 million shipments expected for its anticipated peak day on Dec. 15, 2014.

  • FedEx predicts increase in holiday deliveries Wednesday, 22 Oct 2014 | 9:26 AM ET

    MEMPHIS, Tenn.— FedEx expects another record for holiday-season deliveries. That's a more subdued forecast than a year ago, when FedEx predicted 13 percent growth for the season. FedEx and rival United Parcel Service Inc. struggled last year with severe winter weather in early December, a shorter holiday season, and a surge in late orders that was partly due to...

  • CHICAGO, Oct 22- Package delivery company FedEx Corp on Wednesday forecast a record holiday season this year, with 22.6 million shipments expected for its anticipated peak day on Dec. 15. With the rise of e-commerce, FedEx's annual peak has nearly doubled since 2007, when it moved 11.5 million packages on Dec. 17. Last year a later-than-usual surge before the...

  • Coca-Cola and Apple are big market movers Tuesday, 21 Oct 2014 | 4:50 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:. The Coca-Cola Co., down $2.61 to $40.68. Chipotle Mexican Grill Inc., down $45.48 to $607.55.

  • Old-school industrials offer steely guidance Tuesday, 21 Oct 2014 | 10:21 AM ET
    A welder works on side assemblies for intermodal railcars at the Greenbrier Cos.' Gunderson railcar plant in Portland, Oregon.

    A number of old-school industrial companies and and multi-industry conglomerates have given investors something to cheer about with upbeat guidance.

  • UPS increases some shipping rates by 4.9 percent Tuesday, 21 Oct 2014 | 9:29 AM ET
    A woman walks past the logo of United Parcel Service (UPS) at a job fair in Chicago, Illinois.

    Shipping via UPS will become more expensive next year, the company said.

  • Early movers: MCD, VZ, KO, UTX, HOG, CMG & more Tuesday, 21 Oct 2014 | 8:40 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • UPS says U.S. rates to rise 4.9 pct as of Dec. 29 Monday, 20 Oct 2014 | 4:52 PM ET

    CHICAGO, Oct 20- Package delivery company United Parcel Service Inc said on Monday that rates for its services within and between the United States, Canada and Puerto Rico will rise by an average of 4.9 percent as of the end of the year. Last month, the company's main rival FedEx Corp announced a similar rate increase of 4.9 percent, which also includes shipments...