Preparations Under Way at UPS, FedEx for Holiday Surge in Shipping Demand
Officials with the largest package delivery companies said they are in the early stages of preparing themselves for the familiar flood of holiday shipments.
October 17, 2010UPS to Hire 50,000 Seasonal Workers
UPS will to hire 50,000 seasonal employees for this year’s holiday season, matching last year’s total, news services reported.
October 7, 2010UPS Buys 130 Hybrid Trucks
UPS Inc. said it has purchased 130 hybrid electric vehicles, which the package carrier will launch into service next year.
October 4, 2010UPS Freight Sets 5.9% Rate Hike
UPS Freight, the less-than-truckload unit of UPS Inc., said it will institute an average 5.9% general rate increase later this month.
October 1, 2010UPS Sets New Ocean Service from Asia
UPS Inc. has launched a new ocean shipping service from Asia to the United for less-than-container loads it said will be 20% faster.
September 16, 2010UPS Reduces Number of Expected Pilot Furloughs
UPS Inc. said it now expects to furlough 230 pilots, fewer than the 300 it estimated in February, due to improving financial conditions, the Associated Press reported.
August 24, 2010UPS to Build Healthcare Logistics Hubs in Singapore, China
UPS Inc. plans to open two health-care-logistics hubs in Singapore and China to tap rising regional demand for medical devices and drugs, Bloomberg reported Friday.
August 6, 2010UPS Aims to Improve Truck Fuel Efficiency 20%
UPS Inc. said Monday it has set a goal to increase its automotive fuel efficiency by 20% between 2000 and 2020.
July 26, 2010UPS Earnings Soar 71% in 2Q; Firm Upbeat for Second Half
UPS Inc. “fired on all cylinders” in the second quarter, boosting profits and firming rates, despite spottiness in the global economic recovery, Chief Executive Officer Scott Davis said July 22.
July 26, 2010UPS’ 2Q Income Jumps 71%
UPS Inc. said Thursday its second-quarter profit jumped 71% on stronger international shipments, and the company boosted its full-year earnings outlook.
July 22, 2010