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United Parcel Service Inc

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  • UPDATE 3-FedEx profit misses expectations; stock down Wednesday, 17 Dec 2014 | 10:18 AM ET

    CHICAGO, Dec 17- FedEx Corp on Wednesday posted lower-than-expected quarterly earnings as results at its FedEx Ground and FedEx Freight units missed estimates, and it reiterated an outlook analysts consider conservative, sending its stock down nearly 5 percent. Both FedEx and main rival United Parcel Service Inc are in the final days of their peak holiday...

  • CHICAGO, Dec 17- Increased U.S. domestic and international volumes sparked higher quarterly profit at FedEx Corp, the package delivery company said on Wednesday, but quarterly earnings and its full-year outlook fell short of expectations. Both FedEx and main rival United Parcel Service Inc are in the final days of their holiday peak season, which has boomed...

  • CHICAGO, Dec 17- Package delivery company FedEx Corp reported lower-than-expected quarterly profit on Wednesday as U.S. domestic package and international export volumes rose, and reaffirmed its full-year profit outlook. Both FedEx and main rival United Parcel Service Inc are in the final days of their holiday peak season, which has boomed over the past...

  • Early Movers: PETM, BOBE, JNPR, MSFT & more Monday, 15 Dec 2014 | 7:55 AM ET
    Traders work on the floor of the New York Stock Exchange on April 22, 2014

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

  • Fingers crossed: Retailers allow late online orders Wednesday, 10 Dec 2014 | 11:05 AM ET
    A UPS truck is loaded with packages from the UPS Worldport.

    Many retailers are holding firm on their late-in-the-season deadlines—in some cases getting more aggressive than last year.

  • Dec 9- Logistics company UTi Worldwide Inc said Chief Executive Eric Kirchner had resigned and Edward Feitzinger would replace him, effective immediately. Kirchner joined UTi as CEO in January 2009 from parcel delivery company United Parcel Service Inc, where he led its freight forwarding business. The company denied last week a Bloomberg report saying it...

  • West Coast port traffic jam: 3 investor takeaways Monday, 8 Dec 2014 | 12:49 PM ET
    Workers at the Port of Los Angeles

    Fallout from ongoing port congestion on the West Coast has implications for retailers, manufacturers, railroads and truck lines ... and their investors.

  • Protect holiday packages from doorstep thieves Monday, 8 Dec 2014 | 12:44 PM ET

    Police report disturbing incidents of brazen package theft from people's doorsteps. Today show reveals how to protect your holiday packages. TODAY show reports.

  • Job gains put US on pace for best growth since '99 Friday, 5 Dec 2014 | 3:02 AM ET

    WASHINGTON— The resurgence in U.S. hiring accelerated in November and put 2014 on track to be the healthiest year for job growth since 1999.. The unemployment rate remained at a six-year low of 5.8 percent, the Labor Department said Friday. The average hourly wage rose 9 cents to $24.66, the biggest gain in 17 months.

  • Amazon rolls out Kiva robots for holiday onslaught Monday, 1 Dec 2014 | 6:56 AM ET
    An employee collects merchandise ordered by customers for shipment from the Amazon.com distribution center.

    Amazon.com has installed more than 15,000 robots across 10 U.S. warehouses, promising to cut costs by one-fifth and get packages out more quickly.

  • These stocks are winning on lower oil Friday, 28 Nov 2014 | 1:12 PM ET
    United Airlines jets at O'Hare International Airport in Chicago.

    Airlines are soaring on lower oil prices, but other stocks are also seeing big boosts after OPEC's decision not to cut rates.

  • Shopping soon? Here's the retail naughty list Monday, 24 Nov 2014 | 12:14 PM ET
    An Overstock.com distribution center

    Which retailers are getting a lump of coal for customer service this year? TODAY reports.

  • How e-retailers make sure gifts come on time Friday, 21 Nov 2014 | 11:54 AM ET

    Nothing matters for e-commerce companies if deliveries show up after Christmas, but more services are helping to ensure consumers don't get grumpy.

  • Steel is stockpiling extra iron ore ahead of what could be another record-long freeze-up of the Great Lakes. General Motors has built up inventories of critical parts at its plants and established a supply chain "crisis room" that will swing into action in the event of a major winter storm. But Whirlpool, General Motors, Ford Motor Co and Con-way, and other...

  • Steel is stockpiling extra iron ore ahead of what could be another record-long freeze-up of the Great Lakes. General Motors has built up inventories of critical parts at its plants and established a supply chain "crisis room" that will swing into action in the event of a major winter storm. But Whirlpool, General Motors, Ford Motor Co and Con-way, and other...

  • ATLANTA, Nov 18- Lower U.S. gasoline prices could boost consumer spending ahead of the holiday season, a critical period for the retail sector, a top executive at United Parcel Service Inc said on Tuesday. "The impact of low fuel prices right now is it puts more discretionary dollars in consumers' pockets," Chief Financial Officer Kurt Kuehn told Reuters at the...

  • ATLANTA, Nov 17- United Parcel Service Inc's chief executive officer said on Monday the company's closer collaboration with major retailers should bring a smooth holiday season, but he said UPS would charge customers more or even refuse packages if last-minute sales by a major customer threaten the company's system. FedEx Corp, the main rival of UPS, is also...

  • CHICAGO, Nov 13- United Parcel Service Inc expects full-year 2015 earnings per share to fall within a range of $5.45 to $5.70, the company's chief financial officer Kurt Kuehn said on Thursday. Chief Executive Officer David Abney also told investors that the Atlanta- based company will return $30 billion to shareholders over the next five years.

  • Procrastinators can wait even longer this holiday Tuesday, 11 Nov 2014 | 12:11 AM ET
    A UPS truck in San Francisco

    Retailers are looking to get a leg up on the competition by pushing cut-off deadlines for online orders even later in the season.

  • Want a jolly Christmas? These 5 things must change Thursday, 6 Nov 2014 | 12:16 PM ET
    Customers on the escalator at Macy's in New York.

    The roadmap for Christmas 2014 will need to look decidedly different for retailers to achieve 4 percent-plus sales growth.