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United Parcel Service Inc

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  • 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.

  • 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...

  • What's next after wild week for stocks? Saturday, 18 Oct 2014 | 8:53 AM ET

    NEW YORK— The stock market needs to see a therapist. Investors seemed buffeted from every corner: Plunging oil prices, signs of a slowdown in Europe and fear of Ebola on the downside; strong corporate earnings and reassuring jobs market figures on the upside. Investors are afraid that Europe could slip into another recession, perhaps deeper than the one it emerged...

  • Merry Christmas! Hiring may hit dot-com boom level Thursday, 16 Oct 2014 | 10:11 AM ET
    A Now Hiring sign to attract seasonal employees

    Christmas season retail hiring is expected to significantly outpace the level seen in 2013.

  • Drone stunt sparks soccer riot Wednesday, 15 Oct 2014 | 4:58 AM ET
    Serbia's Stefan Mitrovic grabs a flag with Albanian national symbols flown by a remotely operated drone during the Euro 2016 group I football match between Serbia and Albania in Belgrade on October 14, 2014.

    A drone caused a mass brawl at an international soccer game in Europe on Tuesday evening which forced the match to be abandoned.

  • Oil slide wipes out stock market gains Tuesday, 14 Oct 2014 | 4:17 PM ET
    A trader works on the floor of the New York Stock Exchange.

    Stocks failed to hold gains after a strong rally, as oil's late-day plunge overshadowed the bounce in tech, transports and industrials.

  • Will plunge in gas prices boost holiday retail? Friday, 10 Oct 2014 | 3:46 PM ET

    Retail experts disagree on whether falling oil prices will bring in more foot traffic and help holiday sales.

  • Oct 8- United Parcel Service Inc has started allowing U.S. customers to collect packages from neighborhood stores or lockers to lower failed deliveries of online purchases and costs associated with them, ahead of the busy holiday shopping season. Morningstar analyst Keith Schoonmaker said access points in the United States were critical for courier...

  • Midday movers: Allergan, Deere, GoPro & More Tuesday, 7 Oct 2014 | 1:00 PM ET

    Some of Tuesday's midday movers:

  • CORRECTED-UPS acquires logistics company i-parcel Tuesday, 7 Oct 2014 | 12:53 PM ET

    Oct 7- United Parcel Service Inc the world's biggest courier company, said it bought i-parcel LLC to strengthen its business in the fast-expanding global e-commerce market. Terms of the deal were not disclosed. I-parcel helps American e-commerce merchants with international delivery services in over 100 countries, UPS said.

  • UPS acquires logistics company i-parcel Tuesday, 7 Oct 2014 | 8:35 AM ET

    Oct 7- United Parcel Service Inc the world's biggest courier company, said it bought i-parcel LLC to strengthen its business in the fast-expanding global e-commerce market. Terms of the deal were not disclosed. I-parcel helps American e-commerce merchants with international delivery services in over 93 countries, UPS said.

  • Unusual ways companies are helping the planet Friday, 26 Sep 2014 | 8:00 AM ET

    These companies are taking unusual steps to help the planet.

  • BEIJING/ SHANGHAI, Sept 25- China said it would ease restrictions on foreign couriers seeking to deliver packages nationwide, potentially increasing competition in a fast-growing business already marked by bruising price wars.

  • BEIJING/ SHANGHAI, Sept 25- China said it would ease restrictions on foreign couriers seeking to deliver packages nationwide, potentially increasing competition in a fast-growing business already marked by bruising price wars.

  • BEIJING, Sept 24- China said on Wednesday it would ease restrictions on foreign couriers seeking to deliver packages nationwide, potentially increasing competition in a fast-growing business already marked by bruising price wars.

  • UPDATE 1-China to free up domestic courier market Wednesday, 24 Sep 2014 | 8:30 AM ET

    BEIJING, Sept 24- China said on Wednesday it would allow qualified foreign couriers to deliver packages in its domestic market, potentially hotting up competition in a fast-growing business already marked by bruising price wars.

  • Airlines pocket $899.5M in checked-bag fees Monday, 22 Sep 2014 | 3:47 PM ET
    A ground crew member loads baggage onto a Spirit Airlines plane at the San Diego International Airport.

    Fares were up more than 8 percent in the second quarter, and checked-bag fees continued to climb as well.

  • VANCOUVER, Sept 17- Workers at a FedEx Corp warehouse in western Canada have successfully unionized, the first employees besides pilots at the package delivery company to organize in North America, a local Teamsters union said on Wednesday.