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United Parcel Service Inc

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  • 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...

  • 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.

  • Sept 17- Department store operator Kohl's Corp said it is hiring more than 67,000 workers for the holiday selling season, about 34 percent more than what it recruited last season. The Menomonee Falls, Wisconsin- based retailer had hired about 50,000 seasonal employees for the 2013 holiday season.

  • FedEx delivers: Earnings beat expectations Wednesday, 17 Sep 2014 | 11:34 AM ET

    FedEx reported a 24 percent rise in profit as the delivery company benefited from higher volumes in both its express and ground businesses.

  • Kohl's, FedEx boost hiring plans for holidays Wednesday, 17 Sep 2014 | 10:02 AM ET

    Fall might not have officially arrived yet, but companies are already detailing hiring plans for the holiday season.

  • CHICAGO, Sept 17- Package delivery company FedEx Corp should enjoy a record holiday peak season thanks to the continued rise of online consumer sales in the United States, company officials said on Wednesday.

  • UPDATE 1-FedEx profit beats estimates as shipments rise Wednesday, 17 Sep 2014 | 8:20 AM ET

    Sept 17- FedEx Corp reported a better-than-expected 24 percent jump in quarterly profit as the world's No. 2 package delivery company benefited from higher shipment volume. The company's net income rose to $606 million, or $2. l0 per share, in the first quarter ended Aug. 31, from $489 million, or $1.53 per share, a year earlier.

  • FedEx units to raise shipping rates from January Tuesday, 16 Sep 2014 | 5:34 PM ET

    Sept 16- FedEx Corp, the world's No.2 package delivery company, said it would increase shipping rates for its express, ground and freight services, effective Jan. 5, 2015. The rate change applies to FedEx freight shipments within the United States, Canada and Mexico as well as between the U.S. and Canada and between the U.S. and Mexico, FedEx said.

  • Midday movers: Apple, Chevron, Exxon Mobil & more Tuesday, 16 Sep 2014 | 12:47 PM ET

    Some of Tuesday's midday movers: