Topic: Couriers and Delivery Services
Earnings Preview: UPS seen posting 4Q profit
AP News
UPS expected to post adjusted fourth-quarter profit on lower revenueUPS Inc., the world's largest shipping carrier, reports fourth-quarter and full-year 2009 results on Tuesday. The following is a summary of key developments and analyst opinion related to the period. OVERVIEW: UPS, based in Atlanta, is expected to post an ...
DHL to donate Ohio airport for redevelopment
AP News
Package shipper DHL to donate Ohio airport to region for redevelopmentPublic officials say an agreement by package delivery company DHL Express to donate its abandoned airport in southwest Ohio to the region will boost efforts to attract new companies and jobs. State and local officials and DHL executives announced the ...
FedEx to raise freight prices by 5.9 percent
AP News
FedEx to raise freight prices by 5.9 percent on Feb. 1, following similar hikes at other unitsFedEx says it will raise prices at its freight and national trucking unit by 5.9 percent on Feb. 1. These rate increases apply to the company's less-than-truckload shipments, where a number ...
UPS cutting 1,800 jobs in US, raising outlook
AP News
UPS to cut 1,800 jobs in US segment realignment; raises 4th-qtr profit outlookShipping giant UPS Inc. will cut 1,800 management and administrative jobs, less than 1 percent of its global work force, as it repositions itself for a gradual economic recovery with improved technology and fewer employees. About ...
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