UPS Chairman and CEO, Scott Davis says the Olympics have given UPS the chance to show the world their capabilities.
United Parcel Service is expanding its global reach by agreeing to acquire rival delivery service company TNT Express in a $6.8 billion deal.
The chief of the struggling U.S. Postal Service received $384,229 in compensation last year -- and at least one lawmaker thinks he should take a paycut.
So the U.S. economy added hundreds of thousands of jobs last month and everything is fantastic, right?
CNNMoney: UPS ups ratesupdated: Fri Nov 18 2011 18:27:00
Good news: the United Parcel Service is reducing the price of its fuel surcharge. Bad news: you'll be paying more to send you packages next year anyway.
From digital check-ins to shipping baggage, these tips will help you avoid unnecessary airline fees.
UPS announced on Wednesday that it is debuting a new customized delivery service that could eventually make those annoying "Sorry we missed you" notes a thing of the past.
Can a company with 100,000 trucks and 550 planes be environmentally friendly? Bob Stoffel's job is -- among other things -- to help make UPS greener and more efficient. His title is the longest at the company: senior vice president, supply chain, strategy, engineering, and sustainability. The logic is that those functions fit together in a global economy where supply chains may be changing radically and UPS's customers must increasingly demonstrate sustainability to their own customers and investors.
President Barack Obama continued his clean energy push Friday, announcing a National Clean Fleets Partnership that works with major companies to cut gasoline consumption by their trucks.
UPS is stepping up security measures during the holiday season by expanding its requirement for the use of government-issued photo ID to verify customer identity.
A recent terror operation involving parcel bombs on UPS and FedEx flights cost just $4,200, according to a report in a magazine that analysts say is published by al Qaeda's branch in Yemen.
As government officials around the globe scramble to tighten air cargo safety after the recent discovery of two bombs in the UPS and FedEx transportation networks, an extra worry is now thrown into the security equation: bribery.
What most people really want for the holidays is a job. But even though some businesses are hiring seasonal workers this year, competition is fierce for those coveted openings.
United Parcel Service expects to hire 50,000 seasonal employees to work this holiday season, the company disclosed Wednesday.
UPS has identified two pilots killed in a plane crash in the United Arab Emirates on Friday.
CNN's Isha Sesay speaks to a witness who saw a UPS cargo plane crash near the airport in Dubai.
A United Parcel Service cargo plane crashed in an unpopulated area near the Dubai airport, killing the two crew members on board, UPS officials said Friday.
Frustrated with the baggage fees airlines seem to be throwing at you left and right? UPS has introduced a new product that reminds travelers of an alternative to lugging bags.
The enormous ash cloud from an Icelandic volcano that has shut down European air space is costing U.S.-based airlines tens of millions of dollars per day, according to an analysis from an airline expert.
Luggage fees have some exasperated airline passengers wondering whether shipping bags would be cheaper than paying for them to fly on the same flight.
UPS announced plans to cut 1,800 jobs as part of a restructuring plan intended to streamline the company's domestic management structure.
Horse racing fans are likely to flock to Belmont Park in record numbers Saturday to see Big Brown take a shot at history.
UPS Inc., the world's largest shipping carrier, said Wednesday it is working toward an agreement with DHL's U.S. Express unit to carry air shipments for some DHL units within the United States
The average price of regular gasoline jumped more than a penny to a new record high, a AAA survey showed Thursday.
Stocks fell Wednesday amid a bleak outlook for corporate earnings made worse by a profit warning from United Parcel Service, more signs of weakness in the financial services sector and a surge in oil prices.
U.S. stocks appeared set to get off to a rough start for new quarter as two major global banks reported new problems by subprime mortgages.
United Parcel Service Inc. and the Teamsters union are trying to work out an agreement this weekend involving the security of pensions for company employees.
British Airways and Korean Air have agreed to plead guilty and pay separate $300 million criminal fines for their roles in conspiracies to fix the prices of passenger and cargo flights, the Justice Department said Wednesday.
United Parcel Service Inc. Tuesday posted a better-than-expected profit, citing a boost from global markets, plus its supply chain and freight unit that offset a slower U.S. small-package market.
United Parcel Service (UPS) ranks no. 43 on FORTUNE's list of America's largest corporations.
United Parcel Service Inc., the last remaining customer for the Airbus A380 superjumbo freighter, said Friday it reached an agreement for Airbus to push back delivery dates of the planes and left open its option to cancel the order outright.
UPS, the world's largest package delivery company, said it has offered a severance package to 650 employees, according to a statement it released Tuesday.
TNT ranks no. 387 on FORTUNE's Global 500 this year, with $17.0 billion in revenues, up 8% from the previous year. The Hoofddorp, Netherlands-based company was ranked no. 383 on the 2005 list. Its 2005 profits were $0.8 billion, down 1.3% from a year earlier.
FedEx ranks no. 197 on FORTUNE's Global 500 this year, with $29.4 billion in revenues, up 18.8% from the previous year. The Memphis, Tennessee-based company was ranked no. 215 on the 2005 list. Its 2005 profits were $1.4 billion, up 72.9% from a year earlier. 2005 was a banner year for most Global 500 companies.
United Parcel Service ranks no. 129 on FORTUNE's Global 500 this year, with $42.6 billion in revenues, up 16.4% from the previous year. The Atlanta, Georgia-based company was ranked no. 128 on the 2005 list. Its 2005 profits were $3.9 billion, up 16.1% from a year earlier. 2005 was a banner year for most Global 500 companies.
Wall Street's bulls appeared set to continue to rally Tuesday on generally strong earnings reports from a tech bellwether and a bevy of Dow components, in advance of two key economic reports.
United Parcel Service ranks no. 44 on this year's list of the FORTUNE 500, with $42,581 million in revenues, up 16.4% from the previous year. The Atlanta-based company was ranked no. 42 on the 2005 list. Its 2005 profits were $3,870 million, up 16.1% from a year earlier.
CNNMoney: Nagging doubtsupdated: Thu Oct 20 2005 05:43:00
Stocks showed signs of weakness Thursday after a caution on upcoming results from companies reporting strong third quarters raised more concerns about furture earnings strength.
The airline industry Friday launched an enormous all-volunteer operation to airlift over 25,000 stranded New Orleans residents to safety.
CRAWL BEHIND A DELIVERY VAN FOR a mile or two, and you quickly figure out that its stop-and-start progress consumes an enormous amount of fuel and produces clouds of noxious exhaust. That makes suc...
Now it's time to start reading.
GOT GOOD SALES people? It might be time to start worrying about how you're going to keep them. Sibson Consulting recently polled 65 big North American companies, from Ameritrade to Xerox, and found...
Pilots at United Parcel Service have authorized a strike, ahead of mediated talks set for the next two weeks.
CNNMoney: Techs on a tear?updated: Thu Apr 21 2005 05:42:00
Winning bids on eBay and wireless connections on Motorola phones could combine to lift U.S. stocks when markets open Thursday.
The Postal Service Friday proposed a sweeping rate increase that would boost the price of a first-class stamp from 37 to 39 cents.
A cold snap in the Northeast sent oil prices higher and could send a chill through stocks Thursday.
CNNMoney: Oil to tempt bullsupdated: Thu Dec 02 2004 05:43:00
A continued decline in the price of oil could fuel further stock gains early Thursday.
Teamster union-controlled pension funds are in worse shape today than in the era of union corruption when money from the funds were used by mobsters to buy casinos in Las Vegas, according to a published report Monday.
United Parcel Service posted improved third-quarter earnings but the results still missed forecasts on Wall Street.
In February's "eBay for Dummies," Auction Drop CEO Randy Adams was hatching an expansion plan for his California-based company, which processes items for auction on eBay for a percentage of the pro...
CNNMoney: Instant entrepreneurupdated: Fri Mar 05 2004 09:57:00
When Kevin Jackson joined the ranks of downsized Americans in September 2002, he'd been in the semiconductor industry for 19 years. Like many people in his situation, he thought about striking out on his own. But the semiconductor business was all he knew.
By J. Lynn Lunsford, Daniel Michaels and Rick Brooks Staff Reporters of The Wall Street Journal
Best earnings season in a decade. Ho-hum.
"WHAT CAN YELLOW DO FOR YOU?"
When one of the nation's oldest trucking companies declares bankruptcy just as the biggest railroad announces record quarterly earnings, tabloid headlines like STALLED TRUCK CRUSHED BY SPEEDING LOC...
Money Magazine: The S&P 500 Goes Nativeupdated: Sun Sep 01 2002 00:01:00
The minders of the S&P 500 made a declaration on July 9 that startled the world. The committee that runs the closely followed (and mimicked) listing of the 500 most important publicly traded compan...
He's only been on the job for five months, but United Parcel Service CEO Michael Eskew already has his hands full. He's launched a $45 million advertising campaign--the company's biggest ever--and ...
Over the past few years, employers fattened their benefit plans with an array of tasty treats, from pet insurance to stress-reducing lunchtime massages. This year, it's back to basics  --  retirement, health care, stock options and insurance -- as compensation and benefits managers trim calories in response to the economic downturn and the mounting uncertainty of a nation at war.
The companies below are committed to a multicultural work force--from the mailroom to the boardroom. And they're doing what it takes to open opportunities for minorities at every level.
Free is all the rage on the Internet, and United Parcel Service is getting into the act. You can track packages online gratis with UPS OnLine World Link, a Microsoft Internet Explorer version custo...
The much anticipated IPO of United Parcel Service is around the corner, and as you might expect, it's being led by a Wall Street giant--Morgan Stanley. But have you noticed the name of the other fi...
Trucking is one of those industries both wonderfully grand and stupefyingly tedious at the same time. The wonderful part: Massive, dazzling, chrome-plated trucks pushed down the highway by burly gu...
Greg A. Smith, 52, is willing to go way out there on the subject of inflation. The chief investment strategist for Prudential Securities says: "It isn't coming back." He figures that fierce global ...
Looking back at the summer's biggest business story, one question lingers: How did United Parcel Service--the $22 billion colossus that sits perennially atop FORTUNE's list of most admired corporat...
We've got two heads-ups for any-one filing an 11th-hour tax return:
LAST CHRISTMAS, MY FRIEND SUZANNE in New Orleans sent a gift package to me in New York City by priority mail. The U.S. Postal Service advertises the two-year-old priority mail program as a "two-day...
Six bright-yellow taxicabs powered by compressed natural gas are now bouncing through the potholes of New York City, the newest contestants in the great race to create alternative-fuel vehicles. Th...
In recessions, as in wars, there are victors and vanquished. Many conservatively financed companies have spent the past year cutting costs or taking over competitors to build their market shares. N...
You may want to cut back on mail-order purchases in '91. Many catalogue companies, stung by recent sharp rate hikes by the U.S. Postal Service and United Parcel Service, are charging about 10% to 3...
WILL RECOVERY be delayed or stalled for lack of credit? No, most banks and other lenders are ready to give credit where credit is due -- to good customers for attractive projects. Talk of a credit ...
Nobody loves a good game of tennis more than Graham Y. Tanaka. Says he: ''It's a great workout, the competition is exciting, and the game is very social. You get to know people as you play.'' For T...
Finding companies with managers who are friendly to shareholders is an important part of Mason Hawkins's search for the perfect stock. ''Before we buy we want to know that our goals and management'...
What labor is to Democrats, big business is to Republicans, right? Not when it comes to money. Corporate America is backing Democrats over Republicans in November's Senate and House elections. Prag...
CORPORATE PERFORMANCE Cover Stories
WHAT BEGAN a few years ago as an apparent anomaly at a few corporations has become the biggest trend in U.S. labor relations today: companies demanding concessions -- on pay, benefits, work rules -...
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