UPS gets a little down
US parcels company UPS has warned that its third quarter profit will miss industry estimates because parcel shipments continue to decline.
Read MoreTag: USA
UPS buys Atlanta property for distribution centre
IN A COMMITMENT TO BOTH ITS CUSTOMERS AND THE COMMUNITY, UPS
(NYSE:UPS) HAS ACQUIRED A 30-ACRE TRACT NEAR DOWNTOWN ATLANTA FOR
EVENTUAL DEVELOPMENT AS A NEW PACKAGE DISTRIBUTION CENTER.
THE TRACT, LOCATED WITHIN BOTH THE FEDERALLY DESIGNATED ATLANTA
EMPOWERMENT ZONE AND THE STATE-DESIGNATED ATLANTA URBAN ENTERPRISE
ZONE, SITS ACROSS THE I-75/85 CONNECTOR AND JUST SOUTH FROM TURNER
FIELD ON UNIVERSITY AVENUE. UPS’s decision to acquire the site allows
the company to prepare for future business growth and to enhance
customer service while simultaneously providing a major commitment to
the redevelopment of this inner city area.
Can UPS Deliver in a Downturn?
It makes perfect sense that an economic slowdown should hurt a company like
>United Parcel Service Inc. (NYSE:UPS – news). After all, the package
>delivery giant is exposed to just about every segment of the worldwide
>economy — from lawyers to retailers to pharmaceutical companies. Fewer
>shipments and reduced spending on high-cost premium delivery services could
>spell trouble for UPS.
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>Hurt, it will, but the world’s No. 1 package mover seems to have figured
>out how to weather the downturn better than its competitors through a
>combination of old-fashioned cost cutting and tightening of operations
United Parcel Service Files To Sell $500 Million Of Notes
UPS filed to sell up to $500 million of notes from time to time, according to a prospectus statement filed late Monday with the Securities and Exchange Commission
Read MoreUPS Logistics to test automated parts access
UPS Logistics Group will test a program for automated, self-service parts distribution. The company’s customers can now pick up or return essential parts 24 hours a day, seven days a week using new technology that enables access to secured UPS Logistics Group storage facilities without the need for UPS staffers
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