Posts Tagged ‘UPS’

e-commerce causing "significant" market changes for UPS

Tuesday, January 31st, 2012

UPS achieved record results during the full year 2011, as its latest results revealed a 17% increase in adjusted profits for the fourth quarter, with executives noting th...

$827m cost for UPS move to yearly pension fund reporting

Friday, January 27th, 2012

UPS is set to take a $827m hit to its fourth quarter results after taking the decision to change its accounting procedures for its pension and retiree benefit funds.

UPS to cut 433 staff in Kentucky after losing retail account

Thursday, January 26th, 2012

UPS is downsizing its retail supply chain logistics facility Hebron, Kentucky, after the facility's biggest customer, Zulily, decided to take its inventory management and...

Industry Moves - new CEO for Bring; Sri Lanka PMG steps down

Wednesday, January 25th, 2012

Rounding up some of the latest news on senior appointments around the mail and express industry...

2013 trial date agreed for FedEx-UPS antitrust lawsuit

Thursday, January 19th, 2012

The legal challenge to FedEx and UPS policy restricting independent shipping consultants from negotiating discounts on behalf of their clients looks set to move to trial ...

UPS to expand network in Canada's Atlantic provinces

Tuesday, January 17th, 2012

UPS is investing in expanding its network within Canada, with six new locations to be established in the country's four Atlantic provinces.

EquaShip ramps up e-commerce customer base after price drop

Friday, January 13th, 2012

EquaShip, the parcel delivery startup seeking to be the "fourth carrier" in the US for e-commerce shipment - rivaling USPS, FedEx and UPS - is now rapidly ramping up its ...