Packages

Quarterly revenue was up 7.3% annually at $17.4 billion, while earnings per share at $1.82 were up 26% (topping Wall Street estimates of $1.81 per share), with net income up 16.6% at $1.508 billion.

FedEx and national drugstore chain Walgreen Co. said yesterday that they are collaborating on a FedEx package pickup and drop-off services, which are now available at more than 7,500 United States-based Walgreens stores. The companies said this announcement comes on the heels of a long-term alliance agreement announced earlier this year “to offer convenient access to FedEx pickup and drop off at thousands of Walgreens locations across the country.”

This report illustrates how leading packaged food retailer Conagra Brands is able to achieve both greater efficiency and cost savings by using a combination of supply chain and dedicated transportation solutions by partnering with Ryder.

UPS said yesterday that it has reached a tentative agreement with the Teamsters on two, new five-year contracts for UPS’s small package and freight business units.

Company points to U.S. Domestic and Supply Chain & Freight segments as drivers for quarterly growth.

The company said that Monday, December 12 is expected to be the busiest day in its almost 40-year history, pegging today’s shipment count to check in at around 17 million, which is about twice as much a typical day’s average volume.

When holiday shopping season picks up, December 12 and December 22 could shape up to be two of its busiest days.