UPS News Updates

Business

UPS Freight Improves U.S.-Canada Freight-Lane Times

UPS Freight said Tuesday it has improved transit times between U.S. cities and Calgary and Edmonton, Alberta, Canada.

November 18, 2010
Business

UPS Sets 4.9% Rate Increase for 2011

UPS Inc. has set a 4.9% net increase for 2011 for ground packages, air express and U.S.-origin international shipments.

November 1, 2010
Business

UPS Projects 7.5% Higher Holiday Volume

UPS Inc. said it expects its holiday volume to be 7.5% higher than a year ago and has added flights in China to meet surging export demand, Bloomberg reported.

October 25, 2010
Business

UPS’ Third-Quarter Net Income Soars 80%

UPS Inc. said Oct. 21 its third-quarter net income jumped 80% to $991 million from a year earlier, on the strength of higher rates and rising profits for domestic and international packages.

October 25, 2010
Business

UPS’ Third-Quarter Income Jumps 80%

UPS Inc. said Thursday its third-quarter income jumped 80% to $991 million, or 99 cents a share, from $549 million, or 55 cents, a year ago.

October 22, 2010
Business

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, 2010
Business

UPS 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, 2010
Business

UPS 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, 2010
Business

UPS 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, 2010
Business

UPS 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, 2010