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Shares of UPS, FedEx fall after report Amazon to launch delivery service
(Reuters) - United Parcel Service Inc and FedEx Corp shares fell 2 percent on Friday, after a report said Amazon.com Inc is preparing to launch a delivery service for businesses, which would directly compete with the U.S. package delivery companies.
FedEx, UPS shares slammed premarket on report Amazon is preparing a mail delivery service
Shares of mail delivery services slid in premarket trade Friday, after The Wall Street Journal reported that Amazon.com Inc. is gearing up to launch its own delivery service for businesses, putting it in direct competition with the industry's two big players. FedEx Corp. (FDX) shares slid 4.7% and United Parcel Service Inc. (UPS) fell 5.8%. The journal said the new service will be called "shipping with Amazon," or SWA, and will involve the e-commerce giant picking up packages from businesses...
BRIEF-UPS Names Christiana Smith Shi To Board Of Directors
United Parcel Service Inc(UPS): * UPS NAMES CHRISTIANA SMITH SHI TO BOARD OF DIRECTORS. * UPS - BOARD âNAMED CHRISTIANA SMITH SHI AS A UPS COMPANY DIRECTOR EFFECTIVE IMMEDIATELYâ. * UPS - âCHRISTIANA SMITH SHI'S APPOINTMENT TO UPS BOARD BRINGS TOTAL NUMBER OF DIRECTORS TO 13â Source text for Eikon: Further company coverage:
Exclusive: How Tesla's first truck charging stations will be built
Elon Musk, the chief executive of Tesla Inc (TSLA), has said little about how he plans to turn his prototype electric truck into reality. But Reuters has learned that Tesla is collaborating with Anheuser-Busch, PepsiCo (PEP) and United Parcel Service Inc (UPS) to build on-site charging terminals at their facilities as part of the automaker's efforts to roll out the vehicle next year.
More retailer forecasts will prevent UPS peak shopping season bottlenecks: CEO
- Getting more of its major retailer customers to share data on their holiday shipping needs will prevent a repeat of last year's parcel delivery bottleneck, United Parcel Service Inc's Chief Executive told Reuters.
PayPal and UPS stumble while eBay and Qorvo advance
PayPal Holdings and United Parcel Service fall while eBay and Qorvo trade higher
UPS' Earnings and Revenues Surpass Estimates in Q4, Up Y/Y
United Parcel Service UPS reported fourth quarter 2017 earnings of 1 67 beating the Zacks Consensus Estimate of 1 65 per share The bottom line also increased 2 5 on a year over year basis Results were aided by higher revenues Revenues improved 11 2 to 18 829 million from the year
Package delivery growth, U.S. tax law boosts UPS quarterly profit
Feb 1 (Reuters) - United Parcel Service Inc, the world's largest package delivery company, reported a quarterly net profit on Thursday that was boosted by growth in deliveries in the U.S. and abroad and benefits from changes to U.S. tax law.
As online shopping grows, UPS sees record holiday package returns
United Parcel Service Inc(UPS) is on track to return a record number of packages this holiday shipping season, a sign that e-commerce purchases surged to new heights over the past month. The world's largest package delivery company and rival FedEx Corp (FDX) get paid by retailers like Amazon.com Inc (AMZN) and Wal-Mart Stores Inc (WMT) for handling e-commerce deliveries.
UPS expects returns to peak on Jan. 3 at 1.4 million packages
United Parcel Service Inc. says National Returns Day is expected to take place on Jan. 3, when returns will hit a peak of 1.4 million packages, a fifth consecutive annual record, up 8% from last year. E-commerce sales on Black Friday and through the following week set the holiday returns season in motion, and in Dec. 2017, shoppers returned more than 1 million packages daily. Those returns are part of a total 750 million packages UPS expects to deliver between Thanksgiving and New Year's Eve. UPS shares are up 2.4% for the past year while the S&P 500 index is up 18.2% for the period.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
UPS reserves 125 Tesla semi-trucks, largest public pre-order yet
United Parcel Service Inc(UPS) said on Tuesday it is buying 125 Tesla Inc (TSLA) all-electric semi-trucks, the largest known order for the big rig so far, as the package delivery company expands its fleet of alternative-fuel vehicles.
UPDATE 2-UPS reserves 125 Tesla semi-trucks, largest public pre-order yet
DETROIT, Dec 19 (Reuters) - United Parcel Service Inc
said on Tuesday it is buying 125 Tesla Inc
all-electric semi-trucks, the largest known order for the big
rig so far, as the package delivery company expands its fleet of
BRIEF-UPS Pre-Orders 125 Tesla Electric Trucks
United Parcel Service Inc(UPS): * UPS PRE-ORDERS 125 TESLA ELECTRIC TRUCKS. * UPS - HAS PLACED A RESERVATION FOR 125 OF TESLA'S NEW FULLY-ELECTRIC SEMI TRACTORS Source text for Eikon: Further company coverage:
Post Office expects to deliver 3 billion pieces of mail this week
The U.S. Postal Service said it expects to process and deliver nearly 3 billion pieces of first-class mail this week, which should make it the busiest week of the holiday season. The Post Office also expects to deliver nearly 200 million packages this week. For the entire holiday season, between Thanksgiving and New Year's Day, USPS expects to deliver more than 850 million packages, which is up 10% from the same period a year ago. To help facilitate the surge in volume, the USPS said it will expand Sunday deliveries in some high-package volume locations during the holidays. The USPS expects to deliver more than 6 million packages each Sunday in December, and will deliver Priority Mail Express packages on Christmas Day in some locations. The USPS's announcement comes at a time when shares of fellow package delivery companies United Parcel Service Inc. have gained 0.4% over the past 3 months and FedEx Corp. have rallied 11.6%, while the S&P 500 has gained 6.9%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Advertising: Reminding E-Commerce Customers Who Delivers
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.
UPS sees some delivery delays after surge in online holiday orders
(Reuters) - United Parcel Service said on Tuesday some deliveries were being delayed because of a surge in holiday online shopping orders during the peak shipping period.
BRIEF-UPS Appoints Scott Price Chief Transformation Officer
United Parcel Service Inc(UPS): * UPS APPOINTS SCOTT PRICE CHIEF TRANSFORMATION OFFICER. * UPS - PRICE IS CURRENTLY EXECUTIVE VICE PRESIDENT, GLOBAL LEVERAGE FOR WALMART, BASED IN BENTONVILLE, AR. * UPS - PRICE WILL JOIN COMPANY AS CHIEF TRANSFORMATION OFFICER, EFFECTIVE DECEMBER 11, 2017 AND WILL ALSO JOIN UPS MANAGEMENT COMMITTEE Source text for Eikon: Further company coverage:
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