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United Parcel Service Inc

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  • In 2013, some 2 million express packages were left stranded on Christmas Eve, according to shipment-tracking software developer ShipMatrix Inc. The reasons given were, in part, a surge in demand triggered by last-minute online promotions and bad weather. The four retailers with the most aggressive cutoff date of Dec. 23- Apple Inc, Dell Inc, Nordstrom Inc and...

  • "Really it started almost at the level of cold-calling, talking to people who really hadn't spoken to us in a long time," said Nagisa Manabe, who joined the USPS in May 2012 as chief marketing and sales officer from Coca-Cola Co after a career in the private sector. With further drops in its traditional bread-and-butter products ahead, the USPS wants to capitalize on...

  • UPDATE 1-UPS, FedEx cap air express deliveries - WSJ Tuesday, 23 Dec 2014 | 8:20 PM ET

    Dec 23- United Parcel Service Inc and FedEx Corp started limiting air express deliveries after a last-minute increase in shipped packages caused some retailers to exceed agreed-upon limits, the Wall Street Journal reported, citing people briefed on the situation. This year, both UPS and FedEx held some retailers to their volume commitments during the final...

  • UPS, FedEx cap air express deliveries - WSJ Tuesday, 23 Dec 2014 | 8:01 PM ET

    Dec 23- United Parcel Service Inc and FedEx Corp started limiting air express deliveries after a last-minute increase in shipped packages caused some retailers to exceed agreed-upon limits, the Wall Street Journal reported, citing people briefed on the situation. This year, both UPS and FedEx held some retailers to their volume commitments during the final...

  • Last-minute delivery: FedEx, UPS gear up for rush Monday, 22 Dec 2014 | 11:11 AM ET
    FedEx workers sort packages at a FedEx global hub.

    Delivery companies, as well as USPS, brace themselves for last-minute shipping orders as the Holiday season reaches peak. The NYT reports.

  • Global oil impact: Who's hurting, happy, hopeful Friday, 19 Dec 2014 | 1:12 PM ET

    Russia's currency has nose-dived, for instance, and investors worry Venezuela could default on its debt. The world's four biggest economies— U.S., China, Japan and that of the European Union— all benefit from lower oil prices. "Economically this is a good thing for the U.S., it's a good thing for Europe, it's a good thing for China and it's a good thing for most consumers,"...

  • Stocks rally on oil turn as Fed vows rate patience Wednesday, 17 Dec 2014 | 5:03 PM ET
    Traders work on the floor of the New York Stock Exchange, Oct. 29, 2014.

    Stocks rose Wednesday as investors bet the Fed would continue to support the economy.

  • 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...

  • Early Movers: FedEx, Verizon, Volcano & more Wednesday, 17 Dec 2014 | 8:34 AM ET

    Companies making headlines before the bell Wednesday:

  • 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...

  • 5 ways bigger online sales can hurt retailers Monday, 15 Dec 2014 | 3:03 PM ET

    Investing in online shopping is essential for retailers, but there are a number of ways it can dent their sales and profits.

  • No reindeer needed: How to ship your gifts on time Monday, 15 Dec 2014 | 2:54 PM ET

    Shoppers can take some proactive steps to make sure their packages arrive on time, TODAY reports.

  • 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.

  • 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.