UPS News & Resources
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UPS presents updated financial goals and strategic targets at its investor day
March 26, 2024
Atlanta-based global freight transportation and logistics services provider UPS unveiled details regarding its strategic growth and productivity initiatives and its three-year financial targets at its Investor Day. Company officials stated that through its ongoing “Customer First, People Led, Innovation Driven” strategy, UPS is focused on setting up to the company to be the “premium small package provider and logistics partner in the world.”
FedEx fiscal third quarter earnings see gains amid ongoing volume declines
March 22, 2024
Quarterly revenue, at $21.7 billion, was off 2.3% annually, and operating income, at $1.24 billion, rose 16% annually. Earnings per share, at $3.51, topped the $3.05 from a year ago, topping Wall Street expectations of $3.30. Net income, at $879 million, was up 12% annually.
Will recent talks between FedEx and Amazon lead to a reunion?
March 20, 2024
When Memphis-based global freight transportation and logistics services provider FedEx and global e-commerce giant Amazon ended their business relationship in 2019, one could have likely assumed, at the time, that the breakup was permanent.
Negotiate Your UPS Carrier Agreement Immediately
February 14, 2024
Timing plays a crucial role in the dynamics of trade, particularly in the negotiation of contracts. As UPS experiences a dip in its business operations, it could be the ideal moment for renegotiating your carrier agreement.
UPS fourth quarter earnings see more declines
January 30, 2024
Quarterly revenue, at $24.9 billion, saw a 7.8% annual decrease, and adjusted earnings per share, at $2.47, were off 31.8%. Consolidated quarterly operating profit came in at $2.5 billion, which was off 22.5% annually on an adjusted basis.
GRI Impact Analysis: Getting a Handle on Parcel Costs
January 25, 2024
Group Editorial Director Michael Levans is joined by Josh Dunham, co-founder of Reveel, a parcel shipping intelligence provider, in a discussion geared to help parcel shippers get a handle on the current parcel shipping environment and the challenges it’s created.
UPS relaunches its second-day air morning service
January 24, 2024
UPS explained that through this service, its customers can reach more than 620,000 US businesses earlier than its leading competitors, with its guaranteed morning two-day delivery.
The 2024 General Rate Increase Guide for UPS and FedEx
January 5, 2024
Reveel's shipping intelligence platform solution helps businesses navigate rate increases, fees, surcharges, changes to zone and dimension rates and other expenses helping level the playing field with UPS and FedEx.
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