Thursday 31 July 2014
United Parcel Service

UPS slashes forecast for earnings

United Parcel Service (UPS), the world's biggest courier company, slashed its earnings forecast for the year as it spends to boost capacity ahead of the holiday shopping season. The company also reported a bigger-than-expected


Domestic shipments lift UPS profit

United Parcel Service said increased demand in domestic ground shipments lifted profits in the third quarter and expects online sales to boost shipping volumes as it heads into the holiday quarter. UPS, which delivered more than o


UPS to buy Dutch rival TNT for $6.9bn

United Parcel Service (UPS) will pay $6.85 billion for Dutch peer TNT Express in a deal making the world's largest package delivery company the market leader in Europe. UPS will also get access to TNT's stronger networks in the fas


UPS plans Middle East foray

The world's largest package delivery company United Parcel Service (UPS) said that it has bought a majority stake in its Turkish service agent in order to grow its business in the Middle East and Central Asia. The Atlanta-based company


UPS celebrates 100 years of service

United Parcel Service (UPS), the world’s largest package delivery company, is currently celebrating 100 years of service. In 1907, in a tiny Seattle office on the US Pacific coast, two teenagers named Jim Casey and Claude Ryan began the Am


UPS backs Safa School project

United Parcel Service UAE partnered with Safa School on their Hands-to-Hearts project. The programme aimed to offer sustainable support to local schools in Knysna, South Africa. Initiated in 2004, the Hands-to-Hearts project was se

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