Archive for the ‘ABX’ Category

UPS Earnings Take Nose Dive

Friday, February 1st, 2008

UPS's profits took a nose dive in the 4th quarter of 2007 - to the tune of $6.1 billion dollars - with the company blaming employee benefit package-related expenses and more competition from FedEx, DHL and the USPS.

ABX Enters Air Freight Market to Compete with UPS, Others

Monday, January 14th, 2008

We never realized just how dangerous it can be to deliver a FedEx package until we watched Tom Hanks crash-land in "Cast Away." But flying your own fleet of giant jets all over the world is just part of the delivery business nowadays. And it's a very competitive part for ...