UPS: Worldwide economic conditions negatively impact results
UPS announced adjusted diluted earnings per share of $0.83 for the fourth quarter, a 22% decline from the $1.07 adjusted diluted earnings per share for the same period last year.
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USPS strengthens position in shipping market
USPS said it has gained market share in the weakening domestic package shipping market after being allowed to offer competitive pricing for the first time.
Read MorePostal and express companies make top 100 in branding poll
Five postal and express companies have made their way into the UK’s top 100 B2B Superbrands.
Read MoreEconomic crisis cannot justify trade restrictions, UPS CEO says
The United States and its trading partners around the world would be making a huge mistake if they responded to the current dark economic times by adopting protectionist measures to restrict free trade, the chairman and CEO of UPS asserted.
Read MoreUPS CEO stumps for free trade
UPS CEO Scott Davis told the US Chamber of Commerce in Washington, on 26 February that the US and its trading partners would be making a huge mistake if they responded to the recession by adopting protectionist measures to restrict free trade.
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