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MONDAY, NOVEMBER 23, 2009
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NEWS ABOUT: United Parcel Service Inc.

United Parcel Service Inc. stories: 8 news summaries

Ad Exec Scores as UPS 'Whiteboard Guy'

Whiteboard guy prompts FedEx parody

Jun 23, 09 11:32 AM CDT
(Newser) - He’s an ad exec by trade, but Andy Azula displays his acting chops—not to mention his drawing skills—in UPS commercials so popular a rival is spoofing them. In the ads, the long-haired Azula diagrams UPS service on a whiteboard. FedEx recently launched a website that features a... More »

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parody • commercials • FedEx • United Parcel Service Inc. • ad campaign • Andy Azula • UPS

MARKETS

 Dow Up 70 on Mixed Earnings 

Apple, eBay do well in first quarter; UPS, SunTrust banks post losses

Apr 23, 09 3:16 PM CDT
(Newser) - Stocks gained today amid mixed earnings news, the Wall Street Journal reports. Market volatility has dropped, with neither of the past two sessions seeing any big moves. Apple, eBay, Coach and Radio Shack beat expectations, while UPS, SunTrust Banks and Fifth Third Bancorp saw losses. The Dow rose 70.49... More »

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eBay • Dow Jones • Nasdaq • SunTrust Banks • S&P 500 • first quarter earnings • United Parcel Service Inc.

Slowdown
Stalls Nation's
Freight Carriers

Haulers are hunkering down for a 'nuclear winter' in 2009

Dec 11, 08 3:21 PM CST
(Newser) - With freight carriers predicting 2009 could be the worst year in three decades, some haulers  say they’re “settling in for nuclear winter,” holding off on making capital expenditures, mothballing equipment and laying off employees, reports the Wall Street Journal. From truckers to railroads to ocean shipping, companies... More »

MORE ABOUT:
shipping • FedEx • railroad • trucking • United Parcel Service Inc. • financial crisis • freight

 UPS, FedEx Jump 
 to Fill DHL's Holes 

Big Brown targets customers with ad buy, in talks to add DHL load

Nov 11, 08 11:13 AM CST
(Newser) - After DHL announced yesterday it was vacating the US express-mail market, UPS and FedEx ratcheted up efforts to snare as many of the Belgium-based company’s customers as possible, the Atlanta Journal-Constitution reports. DHL handles 1.1 million shipments per day, 5% of the express and ground market in which... More »

MORE ABOUT:
transportation • shipping • FedEx • DHL • United Parcel Service Inc. • financial crisis

DHL Will Cut 9,500 Jobs, Stop Domestic US Service

German firm shutters DHL Express service centers as its competition gets the better

Nov 10, 08 10:07 AM CST
(AP) - Deutsche Post will close all of its DHL Express service centers, cut 9,500 jobs in the US, and eliminate US-only domestic shipping by land and air, the company said today, citing heavy losses and fierce competition with UPS and FedEx. The company said the new round of cuts are... More »

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Germany • layoffs • mail • shipping • FedEx • job cuts • DHL • Deutsche Post • United Parcel Service Inc.

UPS Denies Big Plans for Europe Expansion

Delivery giant eyeing China, not Dutch company, exec says

Aug 11, 08 11:02 AM CDT
(Newser) - For the second time this summer, rumors that Dutch package-delivery company TNT NV was in talks with a potential US buyer—this time UPS for $15 billion—pumped up the company’s share price, reports Bloomberg. But the rally faltered as a UPS exec shot down the reports, asking Reuters,... More »

MORE ABOUT:
mergers and acquisitions • Netherlands • FedEx • United Parcel Service Inc. • delivery service

MARKETS

 Stocks Dip as Fed Meets  

Fed inaction spurs recovery from bad economic news

Jun 24, 08 3:46 PM CDT
(Newser) - The markets seesawed throughout today's session, closing down slightly as a minor rally in financials offset bad economic news and warnings of a poor quarter for UPS, MarketWatch reports. The Dow fell 34.93 to 11,807.43, Nasdaq dropped 17.46 to 2,368.28, and the S&P... More »

MORE ABOUT:
stock market • NASDAQ • Federal Reserve • consumer confidence • Marketwatch • S&P 500 • financial stocks • United Parcel Service Inc.

earnings

FedEx Reports $241M Loss on Fuel Costs, Soft Economy

Spike in costs offset 8% rise in revenue as company revises guidance down for year

Jun 18, 08 8:32 AM CDT
(Newser) - Surging fuel costs, softening demand, and retail operation charges—including the cost of renaming its FedEx Kinko’s stores FedEx Office—sent FedEx Corp. to a fourth-quarter loss of $241 million, or 78 cents a share, compared to profits of $610 million or $1.96 a year ago, reports the... More »

MORE ABOUT:
corporate earnings • FedEx • writedowns • United Parcel Service Inc. • Kinko's

8 Stories


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