Archive for the ‘Volume’ Category

UPS Volume Down, Blames UPS Economy

Friday, March 28th, 2008

UPS blames the US Economy - and not its customer service - for a recent downturn in shipping volume. There are now signs that the economy is sliding further, as volumes decrease further and UPS issues another warning that it may miss its earnings goal. Its main competitors - FedEx ...

UPS to Speed Up Ground Services in 8 States

Tuesday, February 19th, 2008

United Parcel Service (UPS) said it is accelerating ground package movements between more than 12 million ZIP code pairings by one day or more starting this week. These improvements include lanes originating in eight states (Colorado, Connecticut, Minnesota, Pittsburgh, Montana, North Dakota, western Nebraska and Wyoming) and more than 70 ...

UPS, Others May Be Pricing Some Out of Air Cargo Market

Sunday, February 3rd, 2008

Latin American exporters of perishable products are feeling the squeeze as higher jet fuel costs drive up the price of the expedited service prized for their goods. So much so that exporters of fresh flowers, fish, fruits and vegetables could be priced out of the market for air cargo, airline ...

DHL to Offer Shipping Services through Walgreens Stores

Thursday, January 10th, 2008

It is being reported today that DHL will soon begin offering shipping services at Walgreens drug stores nationwide to compete with the UPS Store. The "DHL Shipping Spot" will be staffed by Walgreen employees at photo counters, DHL said. The kiosks are expected to be in place in stores nationwide ...

UPS: The Grinch that Stole Christmas

Wednesday, January 9th, 2008

Bill Grosvenor, 69, says the Grinch stole Christmas - and insists the role of the Grinch was played by United Parcel Service (UPS). Grosvenor who is a retired forensic accountant and self-described "senior-citizen and then some," was expecting a shipment of goods from New York for resale before Christmas. But ...

UPS Expands Air Freight Operations

Tuesday, January 8th, 2008

Package delivery company United Parcel Service Inc. said Monday it will launch an expanded and simplified air freight shipping system this week. The new service includes an international express service called UPS Express Freight, which the company said will triple its express routes. The service will offer overnight to three-day ...

UPS’s Long Term Credit Rating Goes Down

Thursday, December 20th, 2007

The long term credit rating of United Parcel Service was cut from the highest level by Moody's Investors Service because of added debt to leave a Teamsters' pension fund and weakening demand for freight shipments. The company's senior unsecured rating falls two steps to Aa2 from Aaa, affecting $2.5 billion ...

FedEx Man Takes Holiday Rush in Stride

Monday, December 17th, 2007

FedEx driver Vito Randazzo works long hours this time of year, but the smile never seems to stop. Working out of one of two FedEx Corp. warehouses in Brooklyn, this day is much like any other, but Randazzo, 48, is noticeably aware of the ramp up to the busiest day ...