Courier Industry News

UPS hiring 100,000 workers for holiday season
Tue, 18 Sep 2018 13:09:53 GMT

Many UPS executives, including CEO David Abney, started out as part-time workers, and the company says about 35 percent of the people hired as seasonal package handlers get permanent positions after the holidays. A United Parcel Service driver loads a cart with boxes before making a delivery on June 17, 2014, in San Francisco.

 
The UPS Foundation Mobilizes its Disaster Relief Network and Pledges...
Tue, 18 Sep 2018 08:47:25 GMT

UPS today announced a more than $1 million commitment through The UPS Foundation in support of recovery efforts following the devastating flooding, infrastructure damage and utility outages caused by Hurricane Florence. Through a combination of cash grants, in-kind transportation movements and technical expertise, the company and The UPS Foundation will provide both urgent relief, as well as support for long-term needs ranging from rebuilding to personal and financial recovery assistance.

 
UPDATE 3-FedEx quarterly profit misses Wall Street estimate
Tue, 18 Sep 2018 02:13:03 GMT

FILE PHOTO: A package of the FedEx courier delivery services company is pictured in this June 8, 2017 illustration photo. REUTERS/Carlos Jasso/Illustration ) are considered bellwethers for the U.S. economy and global trade.

 
United Parcel Service, Inc. (UPS) Stake Lowered by Her Majesty the...
Tue, 18 Sep 2018 02:13:02 GMT

Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp trimmed its holdings in shares of United Parcel Service, Inc. by 73.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission . The firm owned 44,600 shares of the transportation company's stock after selling 122,800 shares during the period.

 
FILE- In this April 18, 2017, file photo, a FedEx cargo plane sits...
Tue, 18 Sep 2018 00:03:55 GMT

In this April 18, 2017, file photo, a FedEx cargo plane sits idle during the day at Richmond International Airport in Sandston, Va.

 
FedEx Falls After Hours on Earnings Miss
Tue, 18 Sep 2018 00:03:54 GMT

The Memphis, Tenn.-based package delivery company reported adjusted earnings of $3.46 per share on revenue of $17.18 billion. FedEx Corp. fell after the market closed on Monday, Sept.

 
FedEx Corp. Reports Higher First Quarter Earnings, Increases Fiscal 2019 Earnings Per Share Outlook
Mon, 17 Sep 2018 21:58:16 GMT

Solid execution of its business plan helped FedEx increase first-quarter earnings. More than 130 automated facilities at FedEx Ground feature state-of-the-art technology such as six-sided scanning of packages and sorting decisions made in less than half a second.

 
Press release distribution, EDGAR filing, XBRL, regulatory filings
Mon, 17 Sep 2018 21:58:15 GMT

The marke... )--HCL America Inc, una consociata interamente controllata da HCL Technologies , ha annunciato oggi la celebrazione del suo 30mo anno di att... )--HFF announces $113.5 million financing for a 12-property, 455-unit multi-housing portfolio with 13 ground-floor retail suites in San Francisco, CA. )--Cloud Peak Energy's Spring Creek Mine, located near Decker, Montana, received the 2018 Outstanding Reclamation Award from the National Association of State Land Rec... )--FedEx Corp. today reported the following consolidated results for the first quarter ended August 31 --Americold Realty Trust , the world's largest owner and operator of temperature-controlled warehouses, today announced two new additions to its leadership team.

 
UPS to hire about 100,000 workers for holiday season
Mon, 17 Sep 2018 17:37:32 GMT

United Parcel Service Inc would hire about 100,000 temporary employees for the crucial holiday season beginning in November, the U.S. package delivery company said on Monday. FILE PHOTO: New United Parcel Service electric vehicles are put on display at the new package sorting and delivery UPS hub in Corbeil-Essonnes and Evry, southern Paris, France, June 26, 2018.

 
UPS to Hire 100,000 Workers for Holiday Season
Mon, 17 Sep 2018 17:37:31 GMT

United Parcel Service Inc would hire about 100,000 temporary employees for the crucial holiday season beginning in November, the U.S. package delivery company said on Monday. Peak season begins on Black Friday, the day after the Thanksgiving holiday in November, and runs through early January when there is a large wave of returns.

 
UPS invests to keep up with e-commerce surge
Mon, 17 Sep 2018 15:21:30 GMT

Deliveries giant, United Parcel Service's investors have their doubts on whether they are getting their money's worth from the courier's ambitious investment plan to boost efficiency and handle the rise of online shopping.The shares dropped after the company said it would reap only US$1 billion of annual cost savings from the spending spree on automated sorting centers, new cargo ... Deliveries giant, United Parcel Service's investors have their doubts on whether they are getting their money's worth from the courier's ambitious investment plan to boost efficiency and handle the rise of online shopping.

 
Tariffs, Trump, Tesla, Time Magazine and Amazon - 5 Things You Must Know
Mon, 17 Sep 2018 10:48:38 GMT

U.S. stock futures fall on reports Donald Trump is ready to impose tariffs on $200 billion worth of China-made goods as early as Monday; Elon Musk says Tesla is in 'delivery logistics hell'; Oracle and FedEx to report earnings. U.S. stock futures fell on Monday, Sept.

 
Tracking 2019 S&P 500 Earnings
Mon, 17 Sep 2018 08:36:38 GMT

Looking at all the data this past week, the metric that jumped out was the 15 basis point climb in the 10-year Treasury yield from 2.85% to 3% even as CPI came in softer than expected. Thomson had Oracle reporting this past week in last weekend's "This Week in Earnings," but that was clearly incorrect.

 
Brokerages Anticipate FedEx Co. (FDX) Will Announce Earnings of $3.78 Per Share
Mon, 17 Sep 2018 04:18:51 GMT

Wall Street analysts expect FedEx Co. to post $3.78 earnings per share for the current fiscal quarter, Zacks Investment Research reports.

 
CapWealth Advisors LLC Has $1.28 Million Position in FedEx Co.
Mon, 17 Sep 2018 00:06:00 GMT

CapWealth Advisors LLC lessened its holdings in FedEx Co. by 37.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission .

 
Halsey Associates Inc. CT Sells 2,088 Shares of United Parcel Service, Inc.
Sun, 16 Sep 2018 21:59:10 GMT

Halsey Associates Inc. CT lowered its position in United Parcel Service, Inc. by 2.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission . The firm owned 102,757 shares of the transportation company's stock after selling 2,088 shares during the quarter.

 
Should UPS be concerned about Amazon's order of 20,000 vans?
Sat, 15 Sep 2018 22:14:44 GMT

Last week brought the news that Amazon.com Inc. had ordered 20,000 delivery vans from Mercedes-Benz. CNN reports that this deal is a big leap from the Seattle-based e-commerce company's first order of 5,000 vans.

 

FedEx Corporation News

Putin Is Running a Destructive Cybercrime Syndicate Out of Russia
Mon, 16 Jul 2018 15:15:45 GMT
Every day, cybercrooks inflict immense harm on real victims across our country and around the world. Will Trump protest?
 
For Austin Bomb Investigators, Each New Blast Offers New Clues
Tue, 20 Mar 2018 11:11:46 GMT
Investigators in Texas searched for links between an unexploded device at a FedEx shipping facility and a series of recent package bombings.
 
FedEx Follows Amazon Into the Robotic Future
Sun, 18 Mar 2018 17:52:32 GMT
Humans will have to get used to their machine co-workers. But the robot next to you may not be ready to be your replacement. At least, not yet.
 
Meet FedEx?s New Team of Robots
Sun, 18 Mar 2018 17:52:24 GMT
Jefe is a member of FedEx?s new fleet of autonomous robots, purchased to transport large and unwieldy packages around one of the company?s facilities.
 
Spotify Is Getting Paid to Save the Music Industry: DealBook Briefing
Wed, 28 Feb 2018 12:20:21 GMT
Spotify has revived the fortunes of recording artists, funneling billions of dollars to music companies. But a charity Spotify is not.
 
U.P.S. Seeks More Than $2 Billion in Damages Over TNT Bid
Mon, 26 Feb 2018 16:14:29 GMT
The delivery giant is claiming compensation after a European court annulled a decision by regulators to block a 2013 deal for its Dutch rival.
 
FedEx Hearts the N.R.A.
Mon, 26 Feb 2018 13:51:41 GMT
Also: Don?t blame low turnout on voter suppression.
 
Amazon to Test a New Delivery Service for Sellers
Fri, 09 Feb 2018 19:48:18 GMT
A pilot program will pick up goods and move them to Amazon warehouses. It could expand over time into more of a threat to established delivery companies.
 
Reminding E-Commerce Customers Who Delivers
Mon, 11 Dec 2017 00:36:41 GMT
During the holiday season, the three giants of package delivery services ? FedEx, United Parcel Service and the United States Postal Service ? focus on the home.
 
Andy Murray Opens With Victory in Madrid
Wed, 10 May 2017 03:56:27 GMT
The top-ranked Murray made his debut with a straight-set victory over Marius Copil.
 
 
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