| Date | Title | | | 05/02/13 | UPS Shareowners Elect Board, Reappoint Deloitte & Touche| WILMINGTON, Del.--(BUSINESS WIRE)--May. 2, 2013--
Shareowners of UPS (NYSE: UPS) today elected a Board of Directors for a
one-year term and ratified the appointment of Deloitte & Touche LLP as
the company’s independent registered public accountants.
On other matters, shareowners rejected a shareholder proposal that would
have required additional disclosure concerning the company's government
affairs and lobbying activities in excess of current re... |
|  | | 05/02/13 | UPS Board Announces Quarterly Dividend| ATLANTA--(BUSINESS WIRE)--May. 2, 2013--
The UPS (NYSE: UPS) Board of Directors today declared a regular
quarterly dividend of $0.62 per share on all outstanding Class A and
Class B shares.
The dividend is payable May 29, 2013, to shareowners of record on May
13, 2013.
Earlier this year, the UPS Board increased the regular quarterly
dividend by nearly 9% to the current level of $0.62 per share. UPS’s
dividend has more than t... |
| | | 04/25/13 | UPS, Teamsters Agree on New Five-Year Contracts| New Accords Cover Small Package and Freight Groups
ATLANTA--(BUSINESS WIRE)--Apr. 25, 2013--
UPS (NYSE:UPS) today announced that it has reached a tentative agreement
with the International Brotherhood of Teamsters (Teamsters) on two, new
five-year contracts in the small package and freight business units. The
tentative contracts, which must be presented to the UPS
Teamster-represented employees for ratification, were concluded well in
advance ... |
| | | 04/25/13 | UPS to Acquire Hungarian Healthcare Logistics Company CEMELOG| Acquisition Enhances UPS’s Growing Global and European Healthcare
Network
ATLANTA & BUDAPEST, Hungary--(BUSINESS WIRE)--Apr. 25, 2013--
UPS (NYSE: UPS) today announced it will purchase Hungary-based
pharmaceutical logistics company, CEMELOG Zrt, as part of its ongoing
global growth and investment strategy. The acquisition further
strengthens UPS’s healthcare reach and expertise in Europe, enabling
comprehensive, compliant services to custo... |
| | | 04/25/13 | E-Commerce Lifts UPS 1Q Earnings| Strong January Boosts U.S. Domestic Profit Growth
Reaffirms Full Year Guidance
ATLANTA--(BUSINESS WIRE)--Apr. 25, 2013--
UPS (NYSE:UPS) today announced first quarter 2013 adjusted diluted
earnings per share of $1.04. The quarter benefited from a stronger than
expected post-holiday season in January as UPS e-commerce solutions
resonated with customers. In the U.S. Domestic segment, daily package
volume grew 4.4% and operating profit imp... |
| | | 04/17/13 | UPS to Release 1st Quarter Results on Thursday, April 25, 2013| ATLANTA--(BUSINESS WIRE)--Apr. 17, 2013--
UPS (NYSE:UPS) will announce its first quarter results on Thursday,
April 25, 2013 at approximately 7:45 a.m. Eastern Daylight Time.
At 8:30 a.m. EDT, UPS Chairman and CEO Scott Davis and Chief Financial
Officer Kurt Kuehn will conduct an investor conference call. This call
will be open to reporters and the public on a listen-only basis, via a
live Webcast.
To listen to the live Webcast, go... |
| | | 02/26/13 | Barber to Succeed Brutto as President of UPS International| ATLANTA--(BUSINESS WIRE)--Feb. 26, 2013--
Dan Brutto, a 38-year veteran and the architect of UPS’s international
strategy for the past five-and-a-half years will retire at the end of
April. Brutto, 56, will be succeeded as president of UPS International
by 28-year UPS employee Jim Barber, currently president of UPS Europe.
In his new position, the 52-year-old Barber will join UPS’s Management
Committee, comprised of the company’s 10 most seni... |
| | | 02/14/13 | UPS Increases Dividend|
Board Approves Stock Repurchase Authorization; John Thompson
Announces Intent not to Stand for Re-election
ATLANTA--(BUSINESS WIRE)--Feb. 14, 2013--
The UPS (NYSE: UPS) Board of Directors today declared a regular
quarterly dividend of $0.62 per share on all outstanding Class A and
Class B shares, an increase of 8.8%. The dividend is payable on Mar. 12,
2013 to shareholders of record on Feb. 25, 2013.
“This dividend increase ref... |
| | | 01/31/13 | UPS Achieves Record Earnings Per Share|
2012 Free Cash Flow $5.4 Billion; Expects 2013 EPS growth
6-to-12%; $4 Billion in Share Repurchases
ATLANTA--(BUSINESS WIRE)--Jan. 31, 2013--
UPS (NYSE:UPS) today announced record 2012 fourth quarter and full year
adjusted diluted earnings per share of $1.32 and $4.53 respectively,
with the U.S. Domestic segment leading the way. The company generated
annual free cash flow of approximately $5.4 billion, a testament to
operations executi... |
| | | 01/30/13 | UPS Announces Withdrawal of Offer for TNT Express| ATLANTA--(BUSINESS WIRE)--Jan. 30, 2013--
United Parcel Service, Inc. (NYSE: UPS) today announced the withdrawal
of its Offer for TNT Express (NYSE Euronext: TNTE).
As anticipated, the European Commission (EC) has issued a formal
decision prohibiting the proposed acquisition of TNT Express. As a
result of the prohibition by the EC, the Offer Condition relating to EU
Competition Clearance will not be fulfilled and the acquisition of TNT
... |
| | | 01/23/13 | UPS to Release 4th Quarter Results on Thursday, January 31, 2013| ATLANTA--(BUSINESS WIRE)--Jan. 23, 2013--
UPS (NYSE:UPS) will announce its fourth quarter results on Thursday,
January 31, 2013 at approximately 7:45 a.m. Eastern Standard Time.
At 8:30 a.m. EST, UPS Chairman and CEO Scott Davis and Chief Financial
Officer Kurt Kuehn will conduct an investor conference call. This call
will be open to reporters and the public on a listen-only basis, via a
live Webcast.
To listen to the live Webc... |
| | | 01/14/13 | UPS Anticipates European Commission to Prohibit Acquisition of TNT Express| ATLANTA, Jan 14, 2013 (BUSINESS WIRE) --United Parcel Service, Inc. (NYSE: UPS) announced today the European
Commission (EC) has informed UPS and TNT Express that it is working on a
decision to prohibit the proposed acquisition of TNT Express (NYSE
Euronext: TNTE).
UPS submitted an initial remedies proposal on Nov. 29, 2012 and
subsequently revised the proposal twice. UPS began the competitive
review process with the EC in March 2012.
Scott Davis, UP... |
| | | 11/30/12 | UPS and TNT Express Announce Remedies Have Been Submitted to the European Commission| Atlanta, GA, U.S.A. / Hoofddorp, Netherlands, 30 November, 2012 – United Parcel Service, Inc. ("UPS") (NYSE: UPS) and TNT Express N.V. ("TNT Express") (NYSE Euronext: TNTE) today announced, in line with Dutch disclosure requirements, that remedies have been submitted to obtain competition clearance from the European Commission (EC) for the acquisition of TNT Express by UPS. The offer of remedies does not change the terms and conditions of the Offer by UPS for TNT Express.
The proposed remedies ... |
| | | 11/08/12 | UPS Board Declares Dividend| ATLANTA--(BUSINESS WIRE)--Nov. 8, 2012--
The UPS (NYSE: UPS) Board of Directors today declared a regular
quarterly dividend of $0.57 per share on all outstanding Class A and
Class B shares.
The dividend is payable December 5, 2012 to shareholders of record on
November 19, 2012.
UPS raised its dividend by 10 percent earlier this year. The company has
tripled its dividend since 2002.
UPS (NYSE:UPS) is a global lead... |
| | | 10/31/12 | UPS Public Offer for TNT Express – Extension of Offer Period| ATLANTA & HOOFDDORP, Netherlands--(BUSINESS WIRE)--Oct. 31, 2012--
United Parcel Service, Inc. (UPS) and TNT Express N.V. (TNT Express)
today announced The Netherlands Authority for the Financial Markets
(AFM) has granted an exemption to extend the Offer Period for the
proposed acquisition of TNT Express.
Pursuant to the AFM exemption, the Offer Period is further extended
until one week after clearances from the European Commission and the
... |
| | | 10/23/12 | UPS International Profit Rebounds|
Updates 2012 EPS Guidance; Expects $4.55 to $4.65
ATLANTA--(BUSINESS WIRE)--Oct. 23, 2012--
UPS (NYSE:UPS) today announced third quarter 2012 adjusted diluted
earnings per share of $1.06. The International segment led the way with
its highest third quarter in history generating $449 million in
operating profit, up 7.7% over the prior-year period. UPS updated its
full-year 2012 guidance for adjusted diluted earnings per share to a
range... |
| | | 10/19/12 | United Parcel Service and TNT Express Receive Statement of Objections| ATLANTA & HOOFDDORP, Netherlands--(BUSINESS WIRE)--Oct. 19, 2012--
United Parcel Service, Inc. (NYSE: UPS) and TNT Express N.V. (NYSE
Euronext: TNTE) confirmed today they have received a Statement of
Objections (SO) from the European Commission (EC). The SO addresses the
competitive effects of the intended merger on the international express
small package market in Europe. The competitive effects will be further
defined as the process continues.
... |
| | | 10/15/12 | UPS to Release 3rd Quarter Results on Tuesday, October 23, 2012| ATLANTA--(BUSINESS WIRE)--Oct. 15, 2012--
UPS (NYSE:UPS) will announce its third quarter results on Tuesday,
October 23, 2012 at approximately 7:45 a.m. Eastern Daylight Time.
At 8:30 a.m. EDT, UPS Chairman and CEO Scott Davis and Chief Financial
Officer Kurt Kuehn will conduct an investor conference call. This call
will be open to reporters and the public on a listen-only basis, via a
live Webcast.
To listen to the live Webcas... |
| | | 09/05/12 | UPS Public Offer for TNT Express – Offer Period extended until November 9, 2012; EU Competition Review Extended, Moves Completion Date| ATLANTA & HOOFDDORP, Netherlands--(BUSINESS WIRE)--Sep. 5, 2012--
United Parcel Service (UPS) today confirmed that the Offer Period for
its public Offer for TNT Express N.V. (TNT Express) is extended to
November 9, 2012, as previously indicated on August 22, 2012, and in
accordance with the terms and conditions set out in the Offer Memorandum
dated June 21, 2012. This confirmation is formally required pursuant to
Articles 15 and 16 of the Decree.
... |
| | | 08/24/12 | UPS, Teamsters to Restructure New England Pension Plan| ATLANTA--(BUSINESS WIRE)--Aug. 24, 2012--
UPS (NYSE:UPS) today announced an agreement with the New England
Teamsters and Trucking Industry Pension Fund (NETTI) to restructure
pension liabilities for approximately 10,200 UPS employees.
The agreement reflects a decision by NETTI’s trustees to establish a
second pension plan “pool” to make it more attractive for new employers
to join the Fund. Such a structure is designed to allow employers to
... |
| | | 08/22/12 | UPS Public Offer for TNT Express – Extension of Offer Period| ATLANTA & HOOFDDORP, Netherlands--(BUSINESS WIRE)--Aug. 22, 2012-- United Parcel Service, Inc. (UPS) today announced the Offer Period for UPS's public Offer for TNT Express N.V. (TNT Express), after its initial expiry on 31 August 2012, will be extended until 9 November 2012. UPS will formally confirm the extension of the Offer Period through a regulatory announcement on 5 September 2012.
The conditions for completion of the Offer, in particular the antitrust condition, will not be fulfilled b... |
| | | 08/09/12 | UPS Board Declares Dividend| LONDON--(BUSINESS WIRE)--Aug. 9, 2012--
The UPS (NYSE:UPS) Board of Directors today declared a regular quarterly
dividend of $0.57 per share on all outstanding Class A and Class B
shares.
The dividend is payable Sept. 5, 2012, to shareholders of record on Aug.
20, 2012.
UPS boosted its dividend by 10 percent earlier this year. The company
has paid either stock or cash dividends every year since 1955 and has
more than tri... |
| | | 07/31/12 | UPS Sustainability Report Hits “A+” Mark for Transparency| ATLANTA--(BUSINESS WIRE)--Jul. 31, 2012--
UPS (NYSE:UPS) today published its latest annual Sustainability Report,
becoming one of only 10 U.S. corporations registered to date this year
with the Global Reporting Initiative (GRI) to have achieved A+ status
for superior transparency.
The new report summarizing UPS’s 2011 sustainability efforts received
the A+ designation after meeting GRI’s reporting standards and then
receiving assurance... |
| | | 07/26/12 | UPS Board Names Economic Expert Kevin Warsh a Director| ATLANTA--(BUSINESS WIRE)--Jul. 26, 2012--
The UPS (NYSE:UPS) Board of Directors today named as a company director
Kevin M. Warsh, a former central banker, presidential advisor and noted
economic and financial market expert. The appointment is effective
immediately and expands the UPS Board to 13 members.
Kevin M. Warsh (Photo: Business Wire)
Warsh, 42, was a member of the Board of Governors of the Federal
Reserve. Previously, he ... |
| | | 07/24/12 | UPS 2Q Earnings Per Share Up 7.5%|
U.S. Domestic Profit Climbs 12%; Economic Uncertainty Dampens
Expectations
ATLANTA--(BUSINESS WIRE)--Jul. 24, 2012--
UPS (NYSE:UPS) today announced second quarter 2012 diluted earnings per
share of $1.15, a 7.5% improvement over the 2011 adjusted results. U.S.
Domestic operating profit expanded $122 million or 12% over the
prior-year period. On a reported basis, diluted earnings per share
increased 5.5% and U.S. Domestic operating prof... |
| | | 07/16/12 | UPS to Release 2nd Quarter Results on Tuesday, July 24, 2012| ATLANTA--(BUSINESS WIRE)--Jul. 16, 2012--
UPS (NYSE:UPS) will announce its second quarter results on Tuesday, July
24, 2012, at approximately 7:45 a.m. Eastern Daylight Time.
At 8:30 a.m. EDT, UPS Chairman and CEO Scott Davis and Chief Financial
Officer Kurt Kuehn will conduct an investor conference call. This call
will be open to reporters and the public, on a listen-only basis, via a
live Webcast.
To listen to the live Webcas... |
| | | 07/13/12 | UPS and TNT Express Acquisition Expected to be Completed in Fourth Quarter 2012| ATLANTA & HOOFDDORP, Netherlands--(BUSINESS WIRE)--Jul. 13, 2012-- The European Commission's review of United Parcel Service Inc.'s (UPS) proposed acquisition of TNT Express N.V. (TNT Express) is expected to move to a Phase II review, as there are certain areas that require more time to analyze.
Under the terms of the €5.16 billion ($6.28 billion [1]) offer, UPS will acquire TNT Express to create a service leader in the logistics industry and an enhanced, integrated global network. The complem... |
| | | 06/21/12 | Recommended Public Cash Offer by UPS For All Issued and Outstanding Shares of TNT Express| UPS/TNT Merger Documents
This is a joint press release by United Parcel Service, Inc. and TNT Express N.V., pursuant to the provisions of Article 10, paragraph 3 and Section 18 paragraph 3 of the Decree on public offers Wft (Besluit Openbare Biedingen Wft, the Decree) in connection with the recommended public offer by United Parcel Service, Inc. for all the issued and outstanding ordinary shares in the capital of TNT Express N.V. This announcement does not constitute an offer, or any solicitati... |
| | | 05/11/12 | Financing for UPS Offer to TNT Express in Place| Draft "Offer Memorandum" to be Submitted to AFM Later Today
ATLANTA--(BUSINESS WIRE)--May. 11, 2012-- UPS (NYSE:UPS) today announced it has the necessary financing in place for its intended recommended public offer for TNT Express N.V. (NYSE Euronext:TNTE).
On March 19, 2012, UPS and TNT Express jointly announced conditional agreement on a recommended all-cash offer of €9.50 per ordinary share for TNT Express (the "Offer").
The Offer values 100% of the issued and outstanding TNT Express or... |
| | | 05/03/12 | UPS Shareowners Elect Board, Reappoint Deloitte & Touche| WILMINGTON, Del.--(BUSINESS WIRE)--May. 3, 2012--
Shareowners of UPS (NYSE: UPS) today elected a Board of Directors for a
one-year term and ratified the appointment of Deloitte & Touche LLP as
the company’s independent registered public accountants.
On other matters, a majority of shareowners voted to approve the 2012
Omnibus Incentive Compensation Plan, which authorizes the issuance of
equity compensation to UPS employees and directors, and ... |
| | | 05/03/12 | UPS Board Declares Dividend|
Also Approves Stock Repurchase Authorization;
Company
Announces Financing Plan for TNT Acquisition
WILMINGTON, Del.--(BUSINESS WIRE)--May. 3, 2012--
The UPS (NYSE:UPS) Board of Directors today declared a regular quarterly
dividend and approved a $5 billion stock repurchase authorization.
Meeting in regular session following the company’s annual shareowners’
meeting, the Board declared a regular quarterly dividend of $0.57 per... |
| | | 04/18/12 | UPS to Release 1st Quarter Results on Thursday, April 26, 2012| ATLANTA--(BUSINESS WIRE)--Apr. 18, 2012-- UPS (NYSE:UPS) will announce its first quarter results on Thursday, April 26, 2012, at approximately 7:45 a.m. Eastern Daylight Time.
At 8:30 a.m. EDT, UPS Chairman and CEO Scott Davis and Chief Financial Officer Kurt Kuehn will conduct an investor conference call. This call will be open to reporters and the public, on a listen-only basis, via a live Webcast.
To listen to the live Webcast: Go to http://www.investors.ups.com.
The Webcast audio then ... |
| | | 03/19/12 | United Parcel Service and TNT Express to Create a Global Leader in the Logistics Industry|
United Parcel Service and TNT Express Reach Agreement on
Recommended All-Cash Public Offer of €9.50 per Ordinary TNT Express Share
ATLANTA & HOOFDDORP, Netherlands--(BUSINESS WIRE)--Mar. 19, 2012--
United Parcel Service, Inc. (NYSE: UPS) and TNT Express N.V. (NYSE
Euronext: TNTE):
Transaction Highlights
United Parcel Service, Inc. (“UPS”) and TNT Express N.V. (“TNT
Express”) have reached agreement on a recom... |
| | | 03/16/12 | Update on Discussions between UPS and TNT Express| ATLANTA--(BUSINESS WIRE)--Mar. 16, 2012--
UPS (NYSE:UPS) remains in constructive discussions with TNT Express N.V.
regarding a potential transaction to acquire the entire issued share
capital of TNT Express.
In line with regulatory requirements, UPS expresses it still has the
intention to submit a request for approval of its offer document to the
Netherlands Authority for the Financial Markets (AFM) within 12 weeks
from its initial ann... |
| | | 02/17/12 | UPS Confirms Talks with TNT Express| ATLANTA--(BUSINESS WIRE)--Feb. 17, 2012--
In response to the announcement from TNT Express NV (“TNT”), UPS
confirms that, on 11 February, 2012, following discussions with TNT, it
made a revised, increased and comprehensive proposal to acquire the
entire issued share capital of TNT for €9 per share in cash. Discussions
between the parties concerning this proposal are ongoing, although there
is currently no certainty that any agreement will be reached.... |
| | | 02/15/12 | UPS Acquires Kiala| ATLANTA--(BUSINESS WIRE)--Feb. 15, 2012--
UPS (NYSE:UPS) today announced it had acquired Kiala, a firm based in
Brussels that provides convenient delivery options to busy consumers
purchasing goods over the Internet.
Kiala was launched in 2001 as a private firm and currently operates in
five countries: Belgium, France, Luxembourg, the Netherlands and Spain.
It has developed a platform that enables e-commerce retailers to offer
their sh... |
| | | 02/09/12 | UPS Boosts Dividend by 10%|
Board Cites Earnings Outlook, Strong Cash Flow
ATLANTA--(BUSINESS WIRE)--Feb. 9, 2012--
The UPS (NYSE:UPS) Board of Directors today increased the regular
quarterly dividend by 9.6 percent to $0.57 per share from $0.52 on all
outstanding Class A and Class B shares. The dividend is payable March 7,
2012, to shareholders of record on Feb. 21, 2012.
“UPS turned in a great performance in 2011 despite a volatile global
operating envi... |
| | | 01/31/12 | UPS Delivers Record 4Q Results|
Company Achieves New High in Full Year EPS; U.S. Domestic Segment
Leads the Way
ATLANTA--(BUSINESS WIRE)--Jan. 31, 2012--
UPS (NYSE:UPS) today announced fourth quarter 2011 adjusted diluted
earnings per share of $1.28, a 21% improvement over the prior-year
period. Total revenue increased 6% to $14.2 billion and adjusted
operating profit climbed 17% to more than $2 billion.
Last Friday, the company announced a change in pension ... |
| | | 01/27/12 | ADDING and REPLACING UPS Announces Change in Pension Accounting Method|
Adopts Simpler, More Transparent Mark-to-Market Methodology
ATLANTA--(BUSINESS WIRE)--Jan. 27, 2012--
Add after last graph of release:
The corrected release reads:
UPS ANNOUNCES CHANGE IN PENSION ACCOUNTING METHOD
Adopts Simpler, More Transparent Mark-to-Market Methodology
UPS (NYSE:UPS) today announced an accounting change relating to expense
recognition for company-sponsored pension and postretirement ... |
| | | 01/27/12 | UPS Announces Change in Pension Accounting Method|
Adopts Simpler, More Transparent Mark-to-Market Methodology
ATLANTA--(BUSINESS WIRE)--Jan. 27, 2012--
UPS (NYSE:UPS) today announced an accounting change relating to expense
recognition for company-sponsored pension and postretirement benefit
plans. The new method, adopted in the fourth quarter of 2011, will
result in simpler, more transparent financial reporting.
Today’s announcement is an accounting change only and does not affect
... |
| | | 01/24/12 | UPS to Release 4th Quarter Results on Tuesday, Jan. 31, 2012| ATLANTA--(BUSINESS WIRE)--Jan. 24, 2012--
UPS (NYSE:UPS) will announce its fourth quarter results on Tuesday, Jan.
31, 2012, at approximately 7:45 a.m. Eastern Standard Time.
At 8:30 a.m. EST, UPS Chairman and CEO Scott Davis and Chief Financial
Officer Kurt Kuehn will conduct an investor conference call. This call
will be open to reporters and the public, on a listen-only basis, via a
live Webcast.
To listen to the live Webcas... |
| | | 10/25/11 | UPS Earnings Per Share Rise 14% on 8% Revenue Growth in 3Q | U.S. Domestic and Supply Chain & Freight Lead the Way; Free Cash Flow Exceeds $3.7 Billion
ATLANTA, Oct 25, 2011 (BUSINESS WIRE) -- UPS (NYSE:UPS) today announced diluted earnings per share of $1.06 for the third quarter of 2011, a 14% improvement over the adjusted $0.93 for the prior-year period. Total revenue increased 8% to $13.2 billion.
The results were driven by the U.S. Domestic and Supply Chain & Freight segments. U.S. Domestic operating margin improved to 13.1% compared to last y... |
| | | 10/18/11 | UPS to Release 3rd Quarter Results on Tuesday, Oct. 25, 2011| ATLANTA, Oct 18, 2011 (BUSINESS WIRE) -- UPS (NYSE:UPS) will announce its third quarter results on Tuesday, Oct. 25, 2011, at approximately 7:45 a.m. Eastern Daylight Time.
At 8:30 a.m. EDT, UPS Chairman and CEO Scott Davis and Chief Financial Officer Kurt Kuehn will conduct an investor conference call. This call will be open to reporters and the public, on a listen-only basis, via a live Webcast.
To listen to the live Webcast: Go to http://www.investors.ups.com.
The Webcast audio then wil... |
| | | 09/15/11 | UPS Outlines Growth Objectives at Investor Conference| 10 to 15% EPS Growth Expected from 2011 to 2016; 2011 EPS Guidance Reaffirmed; Share Repurchases Increase
LOUISVILLE, Ky., Sep 15, 2011 (BUSINESS WIRE) -- UPS (NYSE:UPS) today announced objectives for growing its revenue and profit over the next 3-to-5 years while continuing to invest in new technology and expanded facilities. Diluted earnings per share are expected to grow 10 to 15% from 2011 to 2016, the company's top executives told analysts and investors today.
UPS Chief Financial Offic... |
| | | 09/13/11 | UPS to Webcast Investor Conference| ATLANTA, Sep 12, 2011 (BUSINESS WIRE) -- UPS (NYSE:UPS) will host an Investor Conference Sept. 14-15 in Louisville, Ky., home to UPS Worldport, the company's international air express hub, the UPS Airlines headquarters and the company's largest distribution campus.
This will be UPS's eighthsuch meeting since the company went public in 1999 with senior executives gathered to present to analysts and investors.
This webcast will be open to reporters and the public on a listen-only basis beginni... |
| | | 08/11/11 | UPS Board Names Pharma Expert Dr. Candace Kendle a Director;Also Sets Regular Dividend| CHICAGO, Aug 11, 2011 (BUSINESS WIRE) -- The UPS (NYSE:UPS) Board of Directors today named Dr. Candace Kendle, a noted expert in the biopharmaceutical industry, a company director effective immediately. Her appointment to the post expands the UPS Board to 12 members.
The Board also declared a regular quarterly dividend of $0.52 per share on all outstanding Class A and Class B shares. The dividend is payable Sept. 7, 2011, to shareholders of record on Aug. 22, 2011.
UPS's dividend has more th... |
| | | 07/26/11 | UPS 2Q Earnings Per Share Jump 25% on Revenue Growth of 8%| Click Here for PDF Version
U.S. Domestic Profit Improves 31%; Supply Chain and Freight Profit Sets New High
ATLANTA, Jul 26, 2011 (BUSINESS WIRE) -- UPS (NYSE:UPS) today announced adjusted diluted earnings per share of $1.05 for the second quarter of 2011, a 25% improvement over the $0.84 for the prior-year period. Total revenue increased 8.1% to $13.2 billion.
On an adjusted basis, U.S. Domestic operating profit increased 31%, while Supply Chain and Freight generated record operating... |
| | | 05/05/11 | UPS Board Declares Dividend| ATLANTA, May 05, 2011 (BUSINESS WIRE) -- The UPS (NYSE:UPS) Board of Directors today declared a regular quarterly dividend of $0.52 per share on all outstanding Class A and Class B shares.
The dividend is payable June 1, 2011, to shareholders of record on May 16, 2011.
Earlier this year, the UPS Board boosted the regular quarterly dividend by 11% to the current level of $0.52 per share. UPS's dividend has more than tripled since 2000, when it stood at $0.17 per share. The company has either ... |
| | | 04/26/11 | UPS Earnings Growth Continues|
1st Quarter Earnings Climb 24%; Guidance for Record EPS in 2011 Raised
ATLANTA, Apr 26, 2011 (BUSINESS WIRE) -- UPS (NYSE:UPS) today announced diluted earnings per share of $0.88 for the first quarter of 2011, a 24% improvement over the adjusted $0.71 for the prior-year period. Global revenue grew 7.3%, producing a 21% increase in operating profit to $1.4 billion.
On a reported basis, diluted earnings per share and operating profit increased 66% and 37%, respectively, over the same peri... |
| | | 04/18/11 | UPS to Release 1st Quarter Results on Tuesday, April 26, 2011| ATLANTA, Apr 18, 2011 (BUSINESS WIRE) --UPS (NYSE:UPS) will announce its first quarter results on Tuesday, April
26, 2011, at approximately 7:45 a.m. Eastern Daylight Time.
At 8:30 a.m. EDT, UPS Chairman and CEO Scott Davis and Chief Financial
Officer Kurt Kuehn will conduct an investor conference call. This call
will be open to reporters and the public, on a listen-only basis, via a
live Webcast.
To listen to the live Webcast: Go to http://www.investors.u... |
| | | 02/03/11 | UPS Board Boosts Dividend by 11% to $0.52 Per Share| Directors Cite Strong Earnings Outlook
ATLANTA, Feb 03, 2011 (BUSINESS WIRE) -- The UPS (NYSE:UPS) Board of Directors today increased the regular quarterly dividend by 11% to $0.52 per share from $0.47 on all outstanding Class A and Class B shares. The dividend is payable March 2, 2011, to shareholders of record on Feb. 14, 2011.
"We believe that 2011 is going to be a great year for UPS and we're committed to significantly increasing distributions to shareowners," said UPS Chairman and CEO ... |
| | | 02/01/11 | UPS 4th Quarter Earnings Surge 44%; 2011 EPS Expected to Set All-Time High| Company Projects 2011 EPS to Jump 16-to-22%; International & Supply Chain 2010 Profits Set Records
ATLANTA, Feb 01, 2011 (BUSINESS WIRE) -- UPS (NYSE:UPS) today announced adjusted diluted earnings per share of $1.08 for the fourth quarter of 2010, a 44% improvement over the prior-year period. Global revenue grew 8.4%, generating $1.8 billion in adjusted operating profit, a 40% increase.
On a reported basis, diluted earnings per share totaled $1.11, a 48% increase over the $0.75 reported f... |
| | | 01/26/11 | UPS to Release 4th Quarter Results on Tuesday, Feb. 1, 2011| ATLANTA, Jan 26, 2011 (BUSINESS WIRE) -- UPS (NYSE:UPS) will announce its fourth quarter results on Tuesday, Feb. 1, 2011, at approximately 7:45 a.m. Eastern Standard Time.
At 8:30 a.m. EST, UPS Chairman and CEO Scott Davis and Chief Financial Officer Kurt Kuehn will conduct an investor conference call. This call will be open to reporters and the public, on a listen-only basis, via a live Webcast.
To listen to the live Webcast: Go to www.investors.ups.com.
The Webcast audio then will remai... |
| | | 11/04/10 | UPS Board Declares Dividend| ATLANTA, Nov 04, 2010 (BUSINESS WIRE) -- The UPS (NYSE:UPS) Board of Directors today declared a regular quarterly dividend of $0.47 per share on all outstanding Class A and Class B shares.
The dividend is payable Dec. 1, 2010, to shareholders of record on Nov. 15, 2010.
UPS's dividend has more than doubled since February 2003. The company has either increased or maintained its dividend every year for more than four decades.
UPS (NYSE:UPS) is a global leader in logistics, offering a broad r... |
| | | 10/21/10 | UPS 3Q Earnings Climb 69% on Revenue Growth of 9%| Strong Growth across All Segments; UPS Raises Annual Guidance
ATLANTA, Oct 21, 2010 (BUSINESS WIRE) -- UPS (NYSE:UPS) today announced adjusted diluted earnings per share of $0.93 for the third quarter of 2010, a 69% improvement over the prior-year period. Global revenue grew 9.3%, generating $1.5 billion in adjusted operating profit, a 62% increase.
On a reported basis, diluted earnings per share were $0.99, an 80% increase over the $0.55 in the same period last year. During the quarter, ... |
| | | 10/13/10 | UPS to Release 3rd Quarter Results on Thursday, Oct. 21, 2010| ATLANTA, Oct 13, 2010 (BUSINESS WIRE) -- UPS (NYSE:UPS) will announce its third quarter results on Thursday, Oct. 21, 2010, at approximately 7:45 a.m. Eastern Daylight Time.
At 8:30 a.m. EDT, UPS Chairman and CEO Scott Davis and Chief Financial Officer Kurt Kuehn will conduct an investor conference call. This call will be open to reporters and the public, on a listen-only basis, via a live Webcast.
To listen to the live Webcast: Go to http://www.investors.ups.com.
The Webcast audio then wi... |
| | | 08/05/10 | UPS Board Sets Dividend; Names China Expert Clark "Sandy" Randt a Director| LOUISVILLE, Ky., Aug 05, 2010 (BUSINESS WIRE) -- The UPS (NYSE:UPS) Board of Directors today named Clark "Sandy" T. Randt Jr., one of America's foremost authorities on China, a company director effective immediately. His elevation to the post expands the UPS Board to 11 members.
The Board also declared a regular quarterly dividend of $0.47 per share on all outstanding Class A and Class B shares. The dividend is payable Sept. 1, 2010, to shareholders of record on Aug. 16, 2010.
UPS's dividend... |
| | | 07/22/10 | UPS 2Q Earnings Soar 71% on 13% Revenue Growth| Full-Year Guidance Raised; 2010 EPS Expected to Climb 45-50%
ATLANTA, Jul 22, 2010 (BUSINESS WIRE) --
UPS (NYSE:UPS) today announced diluted earnings per share of $0.84 for the second quarter of 2010, a 71% jump over the adjusted earnings of the prior-year period. Global revenue increased 13%, generating a 57% increase in operating profit to $1.4 billion.
On a reported basis, diluted earnings per share increased 91% over the $0.44 in the second quarter of 2009.
"UPS fired on all cylin... |
| | | 05/06/10 | UPS Board Declares Dividend| WILMINGTON, Del., May 06, 2010 (BUSINESS WIRE) --The UPS (NYSE:UPS) Board of Directors today declared a regular quarterly
dividend of $0.47 per share on all outstanding Class A and Class B
shares.
The dividend is payable June 2, 2010, to shareholders of record on May
17, 2010.
UPS's dividend has more than doubled since February 2003. The company
has either increased or maintained its dividend every year for more than
four decades.
UPS (NYSE: UPS) ... |
| | | 04/27/10 | UPS 1Q Earnings Jump 37% on Revenue Increase of 7%| International Profit Up 45%; Margin Expansion in all Segments
ATLANTA, Apr 27, 2010 (BUSINESS WIRE) --As previously announced, UPS (NYSE:UPS) posted adjusted diluted earnings per share of $0.71 for the first quarter of 2010, a 37% gain over the adjusted $0.52 for the prior-year period. Revenue increased 7% to $11.7 billion. Growth in the international package and supply chain businesses, yield improvement and increased operating leverage resulted in margin expansion in all business segments. ... |
| | | 04/14/10 | UPS Reports 37% Growth in 1st Quarter Earnings| International Revenue Stronger Than Expected; UPS Raising
Guidance, Expects 2010 EPS To Climb 32-43%
ATLANTA, Apr 14, 2010 (BUSINESS WIRE) --UPS (NYSE:UPS) today pre-announced a 37% increase in adjusted diluted
earnings per share for the first quarter of 2010. The results were
powered by a significant acceleration in the international package and
supply chain businesses and improved operating margins across all three
segments.
Adjusted first quarte... |
| | | 02/04/10 | UPS Board Raises Dividend to $0.47| ATLANTA, Feb 04, 2010 (BUSINESS WIRE) -- The UPS (NYSE:UPS) Board of Directors today increased the regular
quarterly dividend to $0.47 per share from $0.45 on all outstanding
Class A and Class B shares. The dividend is payable March 3, 2010, to
shareholders of record on Feb. 16, 2010.
"UPS has demonstrated a consistent ability to generate significant free
cash flow," said UPS Chairman and CEO Scott Davis. "Our outlook for a
gradual economic recovery and t... |
| | | 01/08/10 | UPS 4th Quarter Earnings to Exceed Initial Guidance| Company to Streamline U.S. Structure, Improving Customer FocusATLANTA, Jan 08, 2010 (BUSINESS WIRE) -- UPS (NYSE:UPS) today announced that it expects to exceed its previously
announced estimate for 4th quarter 2009 earnings, now
anticipating a range of $0.73 to $0.75 per diluted share. The company
previously projected earnings of $0.58 to $0.65 per diluted share for
this period.
"The stronger earnings stem from better-than-expected results in both
domesti... |
| | | 11/20/09 | UPS Sets 2010 Rates|
New Pricing, Fuel Surcharge Calculations Will Take Effect on Jan.
4, 2010
ATLANTA--(BUSINESS WIRE)--Nov. 20, 2009--
UPS (NYSE:UPS) today released new list rates for 2010, including an
average increase of 4.9 percent for UPS Ground packages and an average
net increase of 4.9 percent on all air express and U.S. origin
international shipments.
The rate increase for air express and international shipments is based
on a 6.9 p... |
| | | 11/06/09 | UPS Marks 10th Birthday as a Public Company| NEW YORK--(BUSINESS WIRE)--Nov. 6, 2009--
Ten years after its Initial Public Offering, UPS (NYSE:UPS) marked the
anniversary today as its chief executive officer returned to the Big
Apple to ring the opening bell for the New York Stock Exchange.
Chairman and CEO Scott Davis was joined by members of the UPS Board of
Directors and senior executives in launching the trading day on Friday.
Davis is the 10th chairman and CEO in UPS’s 102-y... |
| | | 11/05/09 | UPS Board Declares Dividend|
NEW YORK CITY, Nov. 5, 2009 -- The UPS (NYSE:UPS) Board of Directors today declared a regular quarterly dividend of $0.45 per share on all outstanding Class A and Class B shares.
The dividend is payable Dec. 3, 2009, to shareholders of record on Nov. 16, 2009. UPS has either increased or maintained its dividend every year for four decades.
UPS is the world's largest package delivery company and a global leader in supply chain and freight services. With more than a century of experience in t... |
| | | 10/22/09 | UPS Announces 3Q Results| Earnings at High End of Guidance Range;
Volumes Improve Through Quarter
ATLANTA, Oct. 22, 2009 -- UPS (NYSE:UPS) today reported diluted earnings per share of $0.55 for the third quarter on $11.2 billion in revenue. A stabilizing economic environment led to improving volume trends during the quarter, while UPS's International business continued to increase market share.
The $0.55 in diluted earnings per share was at the high end of the company's guidance range of $0.45 to $0.55.
"I'm... |
| | | 08/13/09 | UPS Board Declares Dividend| ATLANTA, Aug. 13, 2009 -- The UPS (NYSE:UPS) Board of Directors today declared a regular quarterly dividend of $0.45 per share on all outstanding Class A and Class B shares.
The dividend is payable Sept. 9, 2009, to shareholders of record on Aug. 24, 2009.UPS has either increased or maintained its dividend every year for four decades.
UPS is the world's largest package delivery company and a global leader in supply chain and freight services.With more than a century of
experience in tr... |
| | | 07/23/09 | UPS Announces 2Q Results| ATLANTA, Jul 23, 2009 (BUSINESS WIRE) -- UPS (NYSE:UPS) today reported operating profit of $895 million on a 16.7% revenue decline for the second quarter ended June 30. Adjusted diluted earnings per share were $0.49 compared to $0.85 last year. The quarter's results were adversely affected by continuing weakness in global economic activity.
Adjusted diluted earnings per share exclude a charge for the remeasurement of certain foreign currency obligations which did not qualify for hedge accounti... |
| | | 05/07/09 | UPS Board Declares Dividend| WILMINGTON, Del., May 7, 2009 -- The UPS (NYSE:UPS) Board of Directors today declared a regular quarterly dividend of $0.45 per share on all outstanding Class A and Class B shares.
The dividend is payable June 3, 2009, to shareholders of record on May 18, 2009. UPS has either increased or maintained its dividend every year for four decades.
UPS is the world's largest package delivery company and a global leader in supply chain and freight services. With more than a century of experience in ... |
| | | 04/23/09 | UPS Announces 1Q Results| ATLANTA, April 23, 2009 - UPS (NYSE:UPS) today reported adjusted diluted earnings per share of $0.52 for the first quarter of 2009 compared to the $0.87 reported for the prior-year period. Revenue was off 13.7% at $10.9 billion. The continuing deterioration in global economic activity resulted in decreased revenue and profitability in all business segments.
Adjusted diluted earnings per share exclude an impairment charge related to the earlier-than-expected retirement of aging aircraft. Inclu... |
| | | 02/23/09 | Hamilton to Direct Public Relations; Sternad to Lead the UPS Foundation| ATLANTA--(BUSINESS WIRE)--UPS (NYSE:UPS - News) today announced that Lisa Hamilton, president of The UPS Foundation, has been named to lead the UPS Corporate Public Relations Group. Current Corporate Public Relations Vice President Ken Sternad has been named president of The UPS Foundation.
A native of Atlanta, Hamilton earned a bachelor’s degree in commerce from the University of Virginia and a Juris Doctor degree from the University of Michigan. She joined UPS in the Corporate Tax Depar... |
| | | 02/19/09 | UPS Names New District Executive| BIRMINGHAM, Ala.--(BUSINESS WIRE)--Minneapolis native Linda Nelson, a 23-year veteran of UPS (NYSE:UPS - News), has been named the vice president of operations for the company’s Alabama District.
In her new role, Nelson will be responsible for almost 4,000 employees, 33 facilities and 1,451 vehicles that comprise the district, which covers all of Alabama and the Florida panhandle.
Nelson most recently served as vice president of operations for the company’s North Ohio District, ... |
| | | 02/12/09 | Heinz CEO Named to UPS Board| Company Declares $0.45 Per Share Dividend
ATLANTA, Feb. 11, 2009 -- The UPS (NYSE:UPS) Board of Directors today elected William R. Johnson, the chairman, president and CEO of the H.J. Heinz Co., as a new independent director of the company.
The Board also declared a regular quarterly dividend of $0.45 per share on all outstanding Class A and Class B shares. The dividend is payable March 10, 2009, to shareholders of record on Feb. 23, 2009. The $0.45 per share dividend matches the amou... |
| | | 02/03/09 | UPS Reports Results for 4th Quarter, Full Year| Worldwide Economic Conditions Negatively Impact Results
ATLANTA, Feb. 3, 2009 - UPS (NYSE: UPS) today announced adjusted diluted earnings per share of $0.83 for the fourth quarter, a 22% decline from the $1.07 adjusted diluted earnings per share for the same period last year. On a reported basis, diluted earnings per share were $0.25 and a loss of $2.52 for the fourth quarters of 2008 and 2007, respectively.
Reported results for the 2008 fourth quarter include the impact of a $575 milli... |
| | | 11/06/08 | UPS Board Declares Dividend| ATLANTA, Nov. 6, 2008 -- The UPS (NYSE:UPS) Board of Directors today declared a regular quarterly dividend of $0.45 per share on all outstanding Class A and Class B shares.
The dividend is payable Dec. 3, 2008, to shareholders of record on Nov. 17, 2008. UPS has either increased or maintained its dividend every year for almost four decades.
UPS is the world's largest package delivery company and a global leader in supply chain and freight services. With more than a century of experience in tr... |
| | | 10/23/08 | UPS Releases 3rd Quarter Results| International and Supply Chain Businesses
Show Strength Despite Economic Weakness
ATLANTA, Oct. 23, 2008 -- UPS (NYSE:UPS) today reported diluted earnings per share of $0.96 for its third quarter on a 7.4% increase in revenue. This represents an 8.6% decline from the $1.05 per share reported on an adjusted basis for the comparable 2007 quarter. The company's international and supply chain businesses demonstrated strength despite a challenging global economic environment.
Unadjusted... |
| | | 09/17/08 | UPS Sets 2009 Rates| New Pricing Takes Effect Jan. 5, 2009
ATLANTA, Oct.17, 2008 - UPS (NYSE:UPS) today released new list rates for 2009, including an average increase of 5.9 percent for UPS Ground packages and an average net increase of 4.9 percent on all air express and U.S. origin International shipments.
UPS Freight announced a general rate increase of 5.9% for 2009.
The rate increase for air express and international shipments is based on a 6.9 percent increase in the base rate, less a 2 percent redu... |
| | | 08/14/08 | UPS Board Declares Dividend| SHANGHAI, Aug. 14, 2008 - The UPS (NYSE:UPS) Board of Directors today declared a regular quarterly dividend of $0.45 per share on all outstanding Class A and Class B shares.
The dividend is payable Sept. 9, 2008, to shareholders of record on Aug. 25, 2008. UPS has either increased or maintained its dividend every year for more than three decades.
UPS is the world's largest package delivery company and a global leader in supply chain and freight services. With more than a century of
ex... |
| | | 07/22/08 | UPS Releases 2Q Results| Earnings Decline Caused by Economic Weakness, Fuel Costs; Supply Chain & Freight Continues to Exceed Expectations
ATLANTA, July 22, 2008 - UPS (NYSE:UPS) today reported a 6.7% revenue increase in the second quarter but an 18.3% decline in diluted earnings per share to $0.85 compared to $1.04 the prior year. Increasing fuel costs and a stagnant U.S. economy caused the earnings decline in both the U.S. Domestic and International Package segments.
In contrast, the Supply Chain and Freight segme... |
| | | 06/23/08 | UPS Lowers 2Q Earnings Expectations| Slow Economic Growth, High Fuel Costs Cited
ATLANTA, June 23, 2008 — UPS (NYSE:UPS) today announced it expects earnings per diluted share for the second quarter within a range of $0.83-to-$0.88 compared to the $0.97-to $1.04 per share the company originally anticipated.
Slow U.S. economic growth and an unprecedented increase in the cost of fuel have resulted in lower-than-expected U.S. package volume and an accelerating contraction in the use of premium air products. In addition, the... |
| | | 05/28/08 | UPS To Provide Lift For DHL Air Express Packages In North America| ATLANTA, May 28, 2008 - UPS (NYSE:UPS) today announced it will work with DHL Express U.S. toward an agreement to provide transportation in its air network for all of DHL's express, deferred and international package volume within the United States. UPS also would provide air lift for DHL packages between the United States, Canada and Mexico.
A final contract is anticipated later this year. The agreement, when finalized, would be expected to extend for 10 years and produce up to $1 billion i... |
| | | 05/08/08 | UPS Board Declares Dividend| WILMINGTON, Del., May 8, 2008 – The UPS (NYSE:UPS) Board of Directors today declared a regular quarterly dividend of $0.45 per share on all outstanding Class A and Class B shares.
The dividend is payable June 3, 2008, to shareholders of record on May 19, 2008. UPS has either increased or maintained its dividend every year for more than three decades.
The newly elected Board, in setting its structure for the year, changed the composition of its Nominating and Corporate Governance Comm... |
| | | 05/08/08 | UPS Shareowners Elect Board, Reappoint Deloitte & Touche| WILMINGTON, Del., May 8, 2008 – Shareowners of UPS (NYSE: UPS) today elected a Board of Directors for a one-year term and ratified the appointment of Deloitte & Touche LLP as the company's independent registered public accountants.
Ten directors stood for election to the Board of Directors and all were overwhelmingly elected. The appointment of Deloitte & Touche to serve as the company's independent auditors for 2008 also was ratified by a wide margin.
UPS is the world's largest package... |
| | | 04/23/08 | UPS Releases 1st Quarter Results| Revenue Gains Led by International, Supply Chain & Freight; U.S. Economic Conditions Drive Earnings Decline
ATLANTA, April 23, 2008 - UPS (NYSE:UPS) today reported increased revenue in all segments with double-digit gains in both international package and supply chain and freight operations. A sharp decline in U.S. economic activity, however, led to a 9.4% drop in diluted earnings per share to $0.87 compared to a prior-year adjusted $0.96.
In 2007, first quarter adjusted earnings per share ex... |
| | | 04/08/08 | UPS Lowers 1Q 2008 Guidance| Deteriorating U.S. Economic Conditions
Restrain Domestic Volume
ATLANTA, April 8, 2008 - UPS (NYSE: UPS) today announced it had lowered its first quarter earnings expectations to $0.86 or $0.87 per diluted share from a previously anticipated range of $0.94-to-0.98.
At UPS's investor conference on March 12, Chief Financial Officer Kurt Kuehn stated that UPS's earnings guidance for the quarter would be difficult to achieve if lower volume trends experienced in February continued throug... |
| | | 03/12/08 | UPS Holds Investor Conference|
Reaffirms 2008 Goals; Cites Domestic Slowing
NEW YORK CITY, March 12, 2008 - UPS Chairman and CEO (NYSE:UPS) Scott Davis today told Wall Street analysts and investors the company is poised for long-term growth, driven by globalization.
He said UPS has made significant progress in developing its global, multi-modal integrated transportation network. The UPS network now handles freight forwarding and less-than-truckload shipping as well as small package transportation on UPS-owne... |
| | | 02/29/08 | UPS Reports Revised Results| 2007 Adjusted Diluted EPS Reduced to $4.11 on Revisions to Tax Calculation
ATLANTA, Feb. 29, 2008 - On Jan. 30, 2008, UPS (NYSE: UPS) reported an 8% increase in adjusted diluted earnings per share to $4.17 for the full year of 2007. Following the release of this information, in completing the company's financial statements for 2007, UPS identified a state income tax benefit of $65 million that was incorrectly recorded in the fourth quarter.
The tax benefit was related to UPS's withdr... |
| | | 01/31/08 | UPS Board Increases Dividend| ATLANTA, Jan. 31, 2008 - The UPS (NYSE:UPS) Board of Directors today increased the regular quarterly dividend to $0.45 per share from $0.42 on all outstanding Class A and Class B shares as a sign of its confidence in the company's growth prospects and financial strength.
The dividend is payable March 4, 2008, to shareholders of record on Feb. 11, 2008.
UPS's dividend has more than doubled since February 2003. The company has either increased or maintained its dividend every year for almo... |
| | | 01/30/08 | International, Supply Chain & Freight Drive 4th Quarter Results For UPS| Adjusted Earnings Per Share Up 8.7% on 6% Revenue Increase
ATLANTA, Jan. 30, 2008 - UPS (NYSE: UPS) today reported adjusted diluted earnings per share of $1.13 for its fourth quarter, an 8.7% increase over last year. Revenue improved 6.1% driven by a double-digit increase in international export volume, growth and firm pricing in the U.S. package business and market-leading shipment gains at UPS Freight.
During the quarter, the company announced the ratification of a new five-year agreement w... |
| | | 01/09/08 | UPS Adopts New Financial Policy To Enhance Shareholder Value| ATLANTA, Jan. 9, 2008 -- UPS (NYSE: UPS) today announced its Board of Directors has approved a change in financial policy regarding the company's capital structure designed to enhance UPS's value to shareowners. Under the new policy, UPS intends to significantly increase the debt component of its balance sheet.
Going forward, the company intends to manage its balance sheet to a target debt ratio within a range of 50-to-60% funds-from-operations-to-total-debt. Previously, there was no stated... |
| | | 12/19/07 | UPS Contract With Teamsters Ratified | WASHINGTON, D.C., Dec. 19, 2007 - The International Brotherhood of Teamsters today notified UPS (NYSE:UPS) that a new contract covering approximately 240,000 UPS employees has been certified approved and ratified.
The ratification came as five local supplemental or rider agreements received approval in a second round of employee voting. Last month, the UPS National Master Agreement was approved by 65% of the voting employees.
The master contract was negotiated nearly a year in advance of the... |
| | | 11/08/07 | UPS Board Names New Director; Sets Quarterly Dividend| LOUISVILLE, Nov. 8, 2007 - Rudy Markham, the recently retired chief financial officer of Unilever, today was named to the Board of Directors of UPS (NYSE:UPS).
Markham, 61, will serve on the Board until the next UPS annual shareowners' meeting in May 2008, at which time he is expected to stand for election to a regular one-year term. After his appointment, Markham was named to the Audit Committee during a regularly scheduled Board meeting here.
In other business, the Board declared a reg... |
| | | 10/23/07 | UPS 3rd Quarter Earnings Rise; All Segments Show Profit Advance| Results Driven by Supply Chain & Freight, International
Results Driven by Supply Chain & Freight, International
ATLANTA, Oct. 23, 2007 -- UPS (NYSE:UPS) today reported a 9.4% increase in adjusted diluted earnings per share for its third quarter on a 4.7% gain in revenue. The company saw significant improvement in the supply chain and freight segment and good gains in its international business. Its U.S. small package operation posted modest improvement in spite of a sluggish economy. ... |
| | | 10/15/07 | UPS Chairman & CEO Mike Eskew to Retire; Scott Davis Named as Successor| Other Senior Management Moves Also Announced
ATLANTA, Oct. 15, 2007 -- The UPS (NYSE:UPS) Board of Directors today announced that Chairman and CEO Mike Eskew will step down at the end of the year and will be replaced by Scott Davis, who is currently the company's vice chairman and chief financial officer.
Davis, 55, joined UPS in 1986 when it acquired the technology company II Morrow, where he was CEO. Davis served in positions of increasing responsibility in finance and accounting befo... |
| | | 09/30/07 | UPS, Teamsters Agree On New Five-Year Contract| Accord Is Negotiated A Year Early
CHICAGO, Sept. 30, 2007 - UPS (NYSE:UPS) today announced it had reached a tentative agreement with the International Brotherhood of Teamsters on a new five-year contract covering approximately 240,000 full- and part-time package employees in the United States.
The tentative contract, which now must be presented to UPS Teamster-represented workers for ratification, was negotiated nearly a year in advance of the current contract's expiration on July 3... |
| | | 08/30/07 | UPS Board Names Director, Sets Regular Dividend|
SEATTLE, Wash., Aug. 29, 2007 -- F. Duane Ackerman, the former chairman and CEO of BellSouth, today was named to the Board of Directors of UPS (NYSE:UPS).
Ackerman, 65, will serve on the board until the next UPS annual shareowners' meeting in May 2008, at which time he is expected to stand for election to a regular one-year term. After his appointment today, Ackerman was named to the Compensation Committee during a regularly scheduled Board meeting here.
In other business, the Board d... |
| | | 08/10/07 | UPS Announces Three Top Financial Assignments|
ATLANTA, Aug. 9, 2007 – Scott Davis, UPS (NYSE:UPS) vice chairman and chief financial officer, today announced a series of three appointments to key financial posts. Rich Peretz has been named vice president of finance; Teresa Finley the chief financial officer for international operations, and Andy Dolny the vice president of investor relations.
Peretz, 45, most recently has worked as the vice president of international finance. He will report to Davis and will be responsible for the f... |
| | | 07/24/07 | UPS Generates Solid 2nd Quarter Results| Export Revenue Rises 14%; LTL Shipments Climb 12%
ATLANTA, July 24, 2007 -- UPS (NYSE:UPS) today reported a solid 7.2% increase in diluted earnings per share for the second quarter to $1.04 on a 3.9% gain in revenue. Strong performance by the international package segment and encouraging trends in supply chain and freight overcame a challenging U.S. small package market.
International export revenues jumped 14% on double-digit volume growth. UPS Freight less-than-truckload (LTL) r... |
| | | 05/10/07 | UPS Board Sets Dividend, New Committee Assignments| WILMINGTON, Del., May 10, 2007 -- The Board of Directors of UPS (NYSE:UPS) today declared a regular quarterly dividend of $0.42 per share on all outstanding Class A and Class B shares and realigned committee assignments.
The dividend is payable June 5, 2007, to shareholders of record on May 21, 2007.
Today's declaration follows a Board decision in February to increase the quarterly dividend from $0.38 per share to the current $0.42 per share. UPS has maintained or increased its dividend... |
| | | 04/25/07 | Strong International Growth Produces Solid Quarter For UPS | Supply Chain & Freight Segment Profit Improves
ATLANTA, April 25, 2007 - UPS (NYSE:UPS) today reported a 7.9% increase in adjusted diluted earnings per share to $0.96 on a 3.3% revenue gain, thanks to a strong performance by its international operation and significant improvement by its supply chain and freight segment.
Those results exclude an impairment charge relating to aging jet aircraft and expenses for a voluntary separation program completed during the quarter. Including thes... |
| | | 02/08/07 | UPS Board Boosts Dividend, Raises Buyback Authorization|
ATLANTA, Feb. 8, 2007 -- -- The Board of Directors of UPS (NYSE:UPS), citing its confidence in the company's financial position and prospects for growth, today increased the quarterly dividend to $0.42 per share from $0.38 per share on all outstanding Class A and Class B shares.
The dividend is payable March 6, 2007, to shareholders of record on Feb. 20, 2007.
UPS now has increased its dividend five times in the past four years, doubling the quarterly payout from the $0.21 per share de... |
| | | 01/30/07 | UPS Reports Solid 4th Quarter As Global Package Business Grows | 2006 Earnings Climb 11.2%; International Profits Exceed $1.7 Billion
ATLANTA, Jan. 30, 2007 – Led by a strong performance in its international operations, UPS (NYSE: UPS) today reported net income of $1.13 billion and a 10% increase in diluted earnings per share to $1.04 for the fourth quarter ended Dec. 31, 2006.
For the full year of 2006, revenue rose almost 12%; operating profit increased 8%, and earnings per share climbed 11.2% to $3.86. The international business reached new hei... |
| | | 11/16/06 | UPS Board Sets Dividend|
ORLANDO, Fla., Nov. 16, 2006 -- The Board of Directors of UPS (NYSE:UPS) today declared a regular quarterly dividend of 38-cents per share on all outstanding Class A and Class B shares.
The dividend is payable Jan. 4, 2007, to shareholders of record on Nov. 27, 2006.
UPS has raised its quarterly payout 81% since February 2003.
UPS is the world's largest package delivery company and a global leader in supply chain services, offering an extensive range of options for synchronizing the... |
| | | 10/19/06 | Strong Global Volume Growth Produces 12% Gain In Earnings | Daily Volume Up 721,000; International Profit Jumps 22%
ATLANTA, Oct. 19, 2006 -- UPS (NYSE:UPS) today reported solid revenue and profit growth for its most recent quarter on a healthy 5% rise in global small package volume.
Consolidated revenue for the quarter ending Sept. 30, 2006, increased 10.5% and diluted earnings per share increased 11.6% to $0.96. The growth in small package volume translated to 721,000 additional packages each day in the UPS network.
The company also said... |
| | | 08/10/06 | UPS Board Sets Dividend|
COLOGNE, Germany, Aug. 10, 2006 -- The Board of Directors of UPS (NYSE:UPS) today declared a regular quarterly dividend of 38-cents per share on all outstanding Class A and Class B shares.
The dividend is payable Sept. 6, 2006, to shareholders of record on Aug. 21, 2006.
UPS has raised its quarterly payout 81% since February 2003.
UPS is the world's largest package delivery company and a global leader in supply chain services, offering an extensive range of options for synchronizing ... |
| | | 07/25/06 | UPS 2nd Quarter Produces Solid Earnings On 15% Revenue Gain|
ATLANTA, July 25, 2006 -- UPS (NYSE:UPS) today reported a strong gain in consolidated revenue and a 10.2% improvement in earnings per diluted share to $0.97. Global small package volume rose 6% or 841,000 additional packages each day.
-->
"Our global small package volume growth in the second quarter was robust, resulting in a solid earnings gain," said Mike Eskew, UPS chairman and CEO. "The global small package market continues to expand and we are seeing significant opportunities... |
| | | 06/30/06 | UPS, Pilots Reach Accord In Contract Negotiations| UPS, Pilots Reach Accord In Contract Negotiations
UPS, Pilots Reach Accord In Contract Negotiations
LOUISVILLE, June 30, 2006 – The Independent Pilots Association (IPA) and UPS Airlines (NYSE:UPS) today announced a tentative agreement on a new labor contract.
The agreement provides for wage and pension improvements and a variety of changes to work rules. It also enables the company to reward its pilots in a responsible manner, maintaining the flexibility needed to serve customers and ex... |
| | | 06/28/06 | UPS Awarded Contract to Fly U.S. Mail| WASHINGTON, D.C., June 28, 2006 - UPS (NYSE:UPS) today announced it had been awarded a three-year contract by the U.S. Postal Service (USPS) to provide domestic air transportation of primarily First Class and Priority Mail.
Under the agreement, UPS initially will provide airlift of First Class and Priority Mail volume each week to and from 98 cities.
The contract, which includes an option for one two-year extension, expands an existing relationship between UPS and the USPS under which th... |
| | | 05/17/06 | UPS Sets $1 Billion+ Expansion Of Global Air Hub | Strong Growth in International & Domestic Express Business
Fuels Demand for Additional Hub Capacity
LOUISVILLE, May 17, 2006 – Four years after opening the most technologically advanced air package sorting hub in the world, UPS (NYSE:UPS) today announced a dramatic expansion that will increase sorting capacity over the next five years by 60 percent to 487,000 packages per hour.
The expansion plan for UPS WorldportSM, the sophisticated mega hub at the heart of the company's globa... |
| | | 05/08/06 | UPS To Expand Sorting Capacity at Rockford, Ill., Air Hub|
ROCKFORD, Ill., May 8, 2006 - UPS (NYSE:UPS) today announced an expansion project at its air package hub in Rockford, Ill., that will increase sorting capacity by almost 50%.
The project was approved after close consultation with the state of Illinois and the city of Rockford. While the project will not expand the hub building at the Chicago / Rockford International Airport, the interior will be outfitted with additional sorting equipment to increase its sorting capability from 82,000 pac... |
| | | 05/04/06 | UPS Board Sets Dividend|
WILMINGTON, Del., May 4, 2006 -- The Board of Directors of UPS (NYSE:UPS) today declared a regular quarterly dividend of 38-cents per share on all outstanding Class A and Class B shares.
The dividend is payable May 31, 2006, to shareholders of record on May 15, 2006.
Today's declaration follows a Board decision in February to increase the quarterly dividend from 33-cents per share to the current 38-cents per share. This represented the fourth increase in the past three years, a rise of... |
| | | 04/20/06 | UPS 1st Quarter Shows Strong Gain In Earnings| Revenue Rises 16.5%; Excellent Cash Flow
ATLANTA, April 20, 2006 - UPS (NYSE:UPS) today reported earnings per diluted share of $0.89, up 14.1% over the prior year. Results were driven by a 9% increase in global small package volume or 1.24 million packages per day, outpacing worldwide market growth.
The consolidated results for the period included:
Revenue grew 16.5% to $11.5 billion.
Operating profit increased 12.3% to $1.6 billion.
Net income increased 10.5% to $975... |
| | | 04/06/06 | UPS Expands Air Network in China| Launches Direct Flights to Europe; Adds Flights in Shanghai and Qingdao
SHANGHAI, April 6, 2006 - UPS (NYSE:UPS) today announced the start of direct air service from Shanghai to Europe along with the addition of three new flights connecting Shanghai to the U.S. and another new flight between Qingdao and Incheon, Korea.
"UPS now flies to more points in China than any other U.S. airline, freight or passenger," said David Abney, president, International Operations. "These new flights a... |
| | | 03/22/06 | UPS Trade Direct Expands Shipping Options to Europe|
ATLANTA, March 22, 2006 - UPS (NYSE:UPS) today announced it had completed the rollout of UPS Trade DirectSM Air and Ocean services to facilitate export shipments from the United States and Canada to Europe.
UPS Trade Direct services streamline the supply chain by making it easy to move goods through customs that are destined for multiple locations but transported in one shipment. Trade Direct eliminates the need for client distribution centers in the receiving country for breaking apart fr... |
| | | 03/06/06 | Rapid Transit: UPS Speeds Ground Package Shipping| Transit Times Slashed Between Major Metro Areas Across Country
ATLANTA, March 6, 2006 - The time it takes for a UPS ground package to travel to major cities across the country just got shorter.
Today, UPS (NYSE:UPS) announced the most significant upgrade ever to its U.S. ground package delivery network, accelerating the transit times for more than a half-million packages nationwide by one day or more. The improvements revolve around lanes between 11 major metropolitan areas but rip... |
| | | 02/28/06 | Overnite Becomes UPS Freight| Transit Times Improved, Technology Upgrades Underway
ATLANTA, Feb. 28, 2006 - UPS (NYSE:UPS) today unveiled UPS FreightSM, marking another key step in the continued integration of Overnite® Corporation into the UPS brand.
Customers will begin seeing the new uniforms and newly branded trucks May 1. The rebranding includes a move to the UPS logo; new colors - a gray reminiscent of the Overnite gray combined with UPS’s signature brown, and the launch in May of a new Web site for shipp... |
| | | 02/17/06 | UPS Expands Green Fleet with 50 Hybrid Electric Vehicles| 4,100 Low-Emission Vehicles Also Being Acquired in 2006
UPS Expands “Green Fleet” with 50 Hybrid Electric Vehicles
ATLANTA, Feb. 17, 2006 - UPS (NYSE:UPS) today announced it had placed an order for 50 new-generation hybrid electric delivery trucks and also would acquire 4,100 low-emission conventional vehicles during 2006.
The hybrid electric vehicles (HEV) are being purchased in two sizes from International Truck and Engine and Freightliner LLC. The trucks will feature lithium ion b... |
| | | 02/09/06 | UPS Board Increases Dividend, Names Scott Davis A Director| ATLANTA, Feb. 9, 2006 -- The Board of Directors of UPS (NYSE:UPS), citing its confidence in the company's financial position and prospects for growth, today increased the quarterly dividend from 33-cents per share to 38-cents per share on all outstanding Class A and Class B shares.
The Board also announced it had appointed Scott Davis, UPS's chief financial officer, to serve as a director. Davis will replace Lea Soupata, who retired last month as UPS's senior vice president for human resour... |
| | | 02/08/06 | UPS Expands 2nd Day Air Options| Guaranteed Delivery Time Now Earlier, Saturday Delivery Option Introduced
ATLANTA, Feb. 8, 2006 - UPS (NYSE:UPS) has accelerated the guaranteed commit time for the industry’s only 2nd Day Air A.M.® delivery service to 10:30 a.m. from 12 p.m. and added a Saturday delivery option for UPS 2nd Day Air®.
The moves are part of an overall expansion of the UPS 2nd Day Air portfolio that also includes the addition of 9,300 ZIP codes to the 2nd Day Air A.M. delivery service area.
These d... |
| | | 01/30/06 | UPS Completes Expansion of European Air Hub|
COLOGNE / BONN, Germany, Jan. 30, 2006 - After 2½ years of construction, UPS (NYSE:UPS) has opened a greatly expanded, more automated package sorting hub in Europe that will accommodate the shipping needs of its growing customer base for years to come.
The expanded facility, located at the Cologne/Bonn Airport, almost doubles the original hub’s sorting capacity to 110,000 packages per hour, or more than 30 packages per second. Much of that increase in speed has been accomplished through th... |
| | | 01/26/06 | UPS 4Q Earnings Surge 25% On 22% Worldwide Revenue Gain| Record Earnings for 2005 With Strong Cash Flow
ATLANTA, Jan. 26, 2006 – Led by a strong 21.5% gain in worldwide revenue, UPS (NYSE:UPS) today reported net income of $1.05 billion and a 25% increase in diluted earnings per share for the fourth quarter.
For the full year, adjusted earnings per share climbed 19.7% and the company generated $3.5 billion in free cash flow. The 12-month period also produced record volume with UPS delivering 3.75 billion packages in 2005, or an average of 1... |
| | | 11/18/05 | UPS Announces Rates For 2006| Air Fuel Surcharge Index Recalibrated; Remains Capped at 12.5%
ATLANTA, Nov. 18, 2005 – UPS (NYSE: UPS) today announced new 2006 rates for most U.S. small package services, including a 3.9 percent increase in commercial ground services and a 5.5 percent rise in UPS air and international services.
The company also will reduce by 2 percent the index used to determine its air fuel surcharge, a move that will directly benefit customers as fuel prices moderate and the index pushes the air ... |
| | | 11/16/05 | UPS Board Sets Dividend|
SACRAMENTO, Calif., Nov. 16, 2005 -- The Board of Directors of UPS (NYSE:UPS) today declared a regular quarterly dividend of 33-cents per share on all outstanding Class A and Class B shares.
The dividend is payable Jan. 4, 2006, to shareholders of record on Nov. 28, 2005.
UPS is the world's largest package delivery company and a global leader in supply chain services, offering an extensive range of options for synchronizing the movement of goods, information and funds. Headquartered i... |
| | | 10/20/05 | UPS Earnings Jump 23% On 18% Revenue Growth| ATLANTA, Oct. 20, 2005 - Led by strong worldwide gains in package volume and the expansion of its supply chain and freight business, UPS (NYSE:UPS) today reported a 17.9% increase in revenue and an adjusted 22.9% increase in diluted earnings per share.For the three months ended Sept. 30, 2005, earnings per diluted share were $0.86 compared to the $0.78 reported in the prior year. Adjusting for a tax credit that positively impacted earnings in 2004's third quarter, diluted earnings per share ros... |
| | | 08/11/05 | Burns, Eizenstat Named To Ups Board Of Directors| Regular Dividend Declared; Stock Buyback Authorization Raised
Burns, Eizenstat Named To Ups Board Of Directors
Burns, Eizenstat Named To Ups Board Of Directors
NEW YORK CITY, Aug. 11, 2005 – The Board of Directors of UPS (NYSE:UPS) today elected two new outside directors and declared a regular quarterly dividend. It also voted to increase its authorization for the repurchase of shares.
Michael J. Burns, the chairman, CEO and president of Dana Corp., and Stuart E. Eizenstat, a key... |
| | | 08/05/05 | UPS Completes Acquisition Of Overnite|
ATLANTA, Aug. 5, 2005 -- UPS (NYSE:UPS) today announced it has completed the acquisition of Overnite Corporation (NASDAQ: OVNT) for $43.25 per share, or approximately $1.25 billion in an all-cash transaction.
Overnite shareholders approved the transaction yesterday. Based in Richmond, Va., Overnite reported net income of $63.3 million in 2004 on revenue of $1.65 billion. The carrier serves more than 60,000 customers in the less-than-truckload (LTL) and truckload (TL) segments. It has ... |
| | | 07/25/05 | UPS To Acquire Lynx Express Ltd.| Purchase Strengthens UPS Capabilities in the UK
LONDON, July 25, 2005 – In a move that will further strengthen its package delivery capabilities in the United Kingdom, UPS (NYSE:UPS) today announced an agreement to acquire LYNX Express Ltd., for $96.5 million (£55.5 million) in cash.
LYNX Express, one of the UK's largest independent parcel carriers, is majority owned by the private equity firm Bridgepoint Capital (Nominees) Ltd. UPS expects to complete the transaction in the second h... |
| | | 07/21/05 | UPS Earnings Climb 22% On Global Volume Growth | Daily Volume Up By 557,000 Packages; Revenue Rises 15%
ATLANTA, July 21, 2005 – UPS (NYSE:UPS) today reported a robust 22.2% gain in diluted earnings per share for the second quarter of 2005, driven by double-digit export volume gains in every international region and an increase of 387,000 packages per day in the United States.
For the three months ended June 30, earnings per diluted share were $0.88, up from the $0.72 reported in the prior year. Net income totaled $986 million ... |
| | | 07/11/05 | UPS Expands Early Morning Delivery Zips By Thousands| ATLANTA, July 11, 2005 - UPS (NYSE:UPS) today announced it has expanded its U.S. premium early morning delivery territory with more than 7,200 new ZIP codes. The move extends UPS's leadership for early morning delivery with service to some 19,200 ZIP codes across the country.
With these additions, more than 77 percent of the population can receive UPS Next Day Air® Early A.M.® deliveries up to two hours prior to regular guaranteed overnight service, or as early as 8:00 a.m. in some areas.... |
| | | 07/07/05 | UPS Launches Express Service For Customers Within China| ATLANTA, July 7, 2005 - In a move that recognizes the dramatic business opportunities being created inside China, UPS (NYSE:UPS) today announced it would offer express package service across much of the country by September.
UPS is the first global package delivery company to establish large scale wholly-owned operations within China. The company said it is now building on this advantage to expand into domestic express service in the country. The new UPS operation will initially link 23 m... |
| | | 06/23/05 | UPS Reaffirms Guidance For 2005 Second Quarter| ATLANTA, June 23, 2005 - UPS (NYSE:UPS) today reaffirmed its financial guidance for the second quarter of 2005, saying it expected diluted earnings per share in a range of $0.82 to $0.87 compared to the $0.72 reported during the prior-year period.
The company also reiterated that volumes were growing as expected during the quarter with U.S. domestic volume growth ahead of original projections and international export growth maintaining its strength with double-digit growth.
"As the secon... |
| | | 05/16/05 | UPS Adds Ground Freight Options By Acquiring Overnite Corp.|
ATLANTA, May 16, 2005 - UPS (NYSE:UPS) and Overnite Corporation (NASDAQ: OVNT) today jointly announced a definitive agreement for UPS to acquire Overnite for $43.25 per share, or approximately $1.25 billion in cash.
The transaction will allow UPS to expand its service portfolio by offering a variety of less-than-truckload (LTL) and truckload (TL) services to its North American customers. It also will immediately position UPS as a top U.S. LTL carrier and comes just five months after the c... |
| | | 05/11/05 | UPS Is Gaining Momentum In 2nd Quarter Volume Growth| NEW YORK CITY, May 11, 2005 - Citing good momentum through the first five weeks of the quarter, UPS executives today said U.S. domestic volume growth was "well ahead" of expectations for the second quarter and international export volume continued to climb at its expected double-digit rate.
The gain in domestic volume follows a first quarter in which UPS reported significant international export package growth and a strong 16.2% gain in net income. UPS today said it continues to expect a st... |
| | | 05/05/05 | UPS Board Sets Dividend|
WILMINGTON, Del., May 5, 2005 -- The Board of Directors of UPS (NYSE:UPS) today declared a regular quarterly dividend of 33-cents per share on all outstanding Class A and Class B shares.
The dividend is payable June 1, 2005, to shareholders of record on May 16, 2005.
UPS is the world's largest package delivery company and a global leader in supply chain services, offering an extensive range of options for synchronizing the movement of goods, information and funds. Headquartered in Atl... |
| | | 05/05/05 | UPS Shareowners Elect Board, Reappoint Deloitte & Touche| WILMINGTON, Del., May 5, 2005 - Shareowners of UPS (NYSE: UPS) today elected a Board of Directors for 2005 and reappointed Deloitte & Touche LLP as the company's independent auditor.
Ten directors stood for election to the Board of Directors and all were overwhelmingly elected to one-year terms. The appointment of Deloitte & Touche to serve as the company's independent auditors for 2005 also was ratified.
UPS is the world's largest package delivery company and a global leader in supply c... |
| | | 04/28/05 | Corporate Execs Say Supply Chains A Strategic Key To Their Business Future| Expected Reliance on China Is Dramatic
CHICAGO, April 28, 2005 - An increasing number of senior corporate leaders surveyed in Europe and the United States recognize the success of their businesses is tied very closely to the effective management of their supply chains, a new poll shows.
Moreover, a remarkable 80% of the executives surveyed say that China will be playing an important role in their company's growth objectives within the next three years, even though few think their supp... |
| | | 04/21/05 | UPS 1ST Quarter Shows Strong 16% Income Gain| ATLANTA, April 21, 2005 - Paced by its growing international package operation, UPS (NYSE:UPS) today reported a strong 16.2% gain in net income for the first quarter of 2005.
Consolidated revenue for the three months ended March 31, 2005, rose 10.8% to $9.89 billion, reflecting in part the addition of revenue from the recently acquired Menlo Worldwide Forwarding. International package revenue climbed 13% while U.S. package revenue rose 2.8%.
Operating profit rose 13.8% to $1.39 billion c... |
| | | 04/13/05 | UPS Supports Comprehensive Postal Reform Legislation| WASHINGTON, D.C., April 13, 2005 - Following passage of comprehensive postal reform legislation by the House Government Reform Committee, UPS (UPS:NYSE) today announced its support of H.R. 22 and committed to work toward final passage in Congress.
The Postal Accountability and Enhancement Act of 2005 mandates significant reform measures to move the Postal Service toward sound financial footing while enhancing regulatory oversight. Last year, the House Government Reform Committee's Special ... |
| | | 04/07/05 | UPS Expanding Logistics Options For Intra-Asia Customers|
CHANGI AIRPORT, Singapore, April 7, 2005 - UPS (NYSE:UPS) has launched an aggressive effort to extend new freight and logistics options to customers doing business within Asia.
While trade to and from Asia, particularly China, has attracted much attention in recent months, there also is steadily rising demand for improved air freight and logistical options for goods moving within Asia. The business demands and lengthy trade lanes within the region are underscoring the need for fast and fl... |
| | | 04/05/05 | UPS Is First To Accept Return Ground Packages At Its 40,000 Drop Boxes| ATLANTA, April 5, 2005 -- UPS (NYSE: UPS) today announced it has begun accepting UPS Ground Authorized Return Service® packages and other ground return services at its 40,000 drop box locations. No other carrier in the industry offers this option, which is made possible by UPS's unique network of integrated air, ground and international operations.
This new option significantly expands the level of convenience retailers can offer their customers without sacrificing the economical pricing o... |
| | | 04/04/05 | UPS Marks Anniversary Of Philippine Hub By Announcing Significant Expansion| CLARK, PAMPANGA, April 4, 2005 - UPS Philippines today celebrated the third anniversary of its intra-Asia air hub by announcing expansion plans in a ceremony attended by President Gloria Macapagal-Arroyo.
Since its establishment in 2002, UPS's intra-Asia hub has grown into the company's largest air hub in the Asia Pacific region. The hub is now home to 90 flights per week, a 50 percent increase since its opening. To meet growing demand, UPS announced plans to triple the hub's sorting capa... |
| | | 04/01/05 | DOT Makes Final The Award Of New China Flights To UPS| Additional Service to Begin in 2006
WASHINGTON, D.C., April 1, 2005 - The U.S. Department of Transportation today granted final authorization for UPS (NYSE:UPS) to expand its air operations to and from China.
The DOT issued a Final Order granting UPS three additional frequencies per week to serve China, starting in 2006. The additional flights will allow UPS to continue growing its business throughout the region, providing services ranging from express delivery to general freight.
... |
| | | 03/23/05 | CEO Of U.K.'S BT Group Elected To UPS Board|
ATLANTA, March 17, 2005 -- The Board of Directors of UPS (NYSE:UPS) today announced it had elected the chief executive of BT Group plc, Ben Verwaayen, as a new independent non-executive director of the company.
Verwaayen, 53, will serve the balance of a term that expires in May of this year and will stand for re-election at the UPS annual shareowners meeting on May 5.
"We are excited to add to our board an executive who brings such a strong international perspective," said Mike Eskew... |
| | | 02/09/05 | UPS Board Increases Dividend, Names Beystehner A Director| ATLANTA, Feb. 9, 2005 -- The Board of Directors of UPS (NYSE:UPS), citing its confidence in the company's financial position and prospects for growth, today increased the quarterly dividend by nearly 18.0% from 28-cents per share to 33-cents per share on all outstanding Class A and Class B shares.The dividend is payable March 9, 2005, to shareholders of record on Feb. 22, 2005.The Board also announced it had appointed John Beystehner, UPS's chief operating officer and president of UPS Airlines... |
| | | 01/27/05 | UPS 4th QUARTER SHOWS 10% REVENUE GAIN | Full-Year Earnings Up 15% As International Profits Exceed $1 Billion
ATLANTA, Jan. 27, 2005 - UPS (NYSE:UPS) today reported a solid revenue gain of 10.2% in its fourth quarter and earnings of $0.76 per diluted share, up 1.3% compared to the prior-year period. For the full year, revenue increased to a record $36.6 billion while net income climbed 15%.Consolidated revenue for the three months ended Dec. 31, 2004, rose to $9.84 billion, with strong double-digit growth reported by the inter... |
| | | 01/11/05 | UPS Lowers Guidance For 2004 Fourth Quarter| Company Reaffirms Guidance for 2005
ATLANTA, Jan. 11, 2005 - UPS (NYSE:UPS) today announced it anticipates reporting fourth quarter adjusted earnings of $0.81 to $0.82 per diluted share, which includes the benefit of a better-than-anticipated tax rate. Excluding the tax benefit, earnings per diluted share are expected to be $0.75 to $0.76 for the fourth quarter, compared with the company's previous expectations of $0.83 to $0.87.
On a GAAP basis, UPS anticipates reporting earning... |
| | | 12/20/04 | UPS COMPLETES PURCHASE OF MENLO WORLDWIDE FORWARDING | ATLANTA, Dec. 20, 2004 -- UPS (NYSE: UPS) today announced it had completed the purchase of Menlo Worldwide Forwarding, Inc., formerly a subsidiary of CNF Inc. (NYSE: CNF).
"Menlo Worldwide Forwarding?s capabilities complement UPS?s ability to manage customers? shipments of any size, anywhere and in virtually any time frame," said Bob Stoffel, UPS senior vice president, Supply Chain Group. Menlo Worldwide Forwarding services soon will be sold under the UPS brand, he added.
Menlo Worldwide... |
| | | 12/02/04 | UPS TO ACQUIRE DIRECT CONTROL OF EXPRESS OPERATIONS IN CHINA’S MAJOR CITIES | BEIJING, Dec. 2, 2004 -- UPS (NYSE:UPS) today announced an agreement with Sinotrans to take direct control of its international express operations in China’s largest and most important cities by the end of 2005.
The agreement, signed on Dec 1, requires a payment of US$100 million by UPS for the transfer of operations in 23 cities across China. Operations in those 23 business centers extend service to an additional 200 cities, which account for more than 80 percent of China’s gross domestic p... |
| | | 11/18/04 | UPS BOARD SETS QUARTERLY DIVIDEND |
HOUSTON, Nov. 18, 2004 -- The Board of Directors of UPS (NYSE:UPS) today declared a regular quarterly dividend of 28-cents per share on all outstanding Class A and Class B shares.
The dividend is payable Jan. 4, 2005, to shareholders of record on Nov. 29, 2004. The board acted during a regularly scheduled meeting.
UPS is the world's largest package delivery company and a global leader in supply chain services, offering an extensive range of options for synchronizing the movement of goo... |
| | | 10/28/04 | UPS ANNOUNCES RATES FOR 2005| ATLANTA, Oct. 28, 2004 – UPS (NYSE: UPS) today announced package shipping rate adjustments and a change in the fuel surcharge that will take effect on Jan. 3, 2005.
Rates for UPS Ground®, UPS Next Day Air®, UPS 2nd Day Air®, UPS 3-Day Select® and U.S. international services will increase 2.9 percent. UPS Hundredweight® service, an alternative to that offered by less-than-truckload carriers, will increase by 5.9 percent, producing rates still half those of most major LTL carriers. There wi... |
| | | 10/21/04 | UPS REPORTS SOLID 3rd QUARTER EARNINGS AS PACKAGE BUSINESS GROWS WORLDWIDE | International Profit Jumps Almost 50%;
Board Increases Share Repurchase Authorization to $2 Billion
ATLANTA, Oct. 21, 2004 – UPS (NYSE:UPS) today reported solid third quarter growth with revenues rising 7.7% and net income increasing 20.4%.
Total worldwide average daily volume increased by 445,000 packages per day to 13.7 million, a 3.4% increase. Total international export package volume grew 13.2%, while UPS Supply Chain Solutions posted strong growth with revenue up 10.1%.
... |
| | | 10/05/04 | UPS TO ACQUIRE MENLO WORLDWIDE FORWARDING| Adds Guaranteed Heavy Air Freight Capabilities Worldwide
ATLANTA - Oct. 5, 2004 - UPS (NYSE: UPS) and CNF Inc. (NYSE: CNF) today announced UPS has agreed to acquire Menlo Worldwide Forwarding, Inc., a subsidiary of CNF, for $150 million in cash and the assumption of approximately $110 million in long-term debt.
Menlo Worldwide Forwarding is a global freight forwarder that provides a full suite of heavy air freight forwarding services, ocean services and international trade managem... |
| | | 08/12/04 | UPS BOARD SETS QUARTERLY DIVIDEND| DENVER, Aug. 12, 2004 -- The Board of Directors of UPS (NYSE:UPS) today declared a regular quarterly dividend of 28-cents per share on all outstanding Class A and Class B shares.
The dividend is payable Sept. 8, 2004, to shareholders of record on Aug. 23, 2004. The board acted during a regularly scheduled meeting.
UPS is the world's largest package delivery company and a global leader in supply chain services, offering an extensive range of options for synchronizing the movement ... |
| | | 07/22/04 | UPS 2nd QUARTER EARNINGS CLIMB OVER 18% AS PACKAGE BUSINESS GROWS WORLDWIDE| Company Raises Full-Year Earnings Expectations
ATLANTA, July 22, 2004 - UPS (NYSE:UPS) today reported an 18.2% gain in net income for the second quarter on a 7.8% increase in revenue with strong growth in its global small package business. In addition, the company raised its future guidance and expects full year 2004 earnings growth to approach 20%.
Previously, the company's guidance called for 2004 earnings at the upper end of a 12-to-18% range.
In the second quarter, total average da... |
| | | 06/21/04 | LANDMARK U.S.-CHINA AIR PACT TO EXPAND GLOBAL COMMERCE | UPS will meet key provision to establish hubs in China
WASHINGTON, June 18, 2004 - The bilateral aviation agreement announced today between the U.S. and China will provide significant opportunity for UPS (UPS (NYSE:UPS) to grow its business in the region, the company said. UPS Chairman and CEO Mike Eskew applauded the landmark agreement, noting that it "will accelerate the flow of goods into and out of China, providing substantial benefits to American workers, businesses and consumers... |
| | | 05/06/04 | UPS BOARD SETS QUARTERLY DIVIDEND, STOCK BUYBACK AUTHORIZATION | WILMINGTON, Del., May 6, 2004 -- The Board of Directors of UPS (NYSE:UPS) today declared a regular quarterly dividend of 28-cents per share on all outstanding Class A and Class B shares.
The dividend is payable June 2, 2004, to shareholders of record on May 17, 2004.
The Board, meeting in a regularly scheduled session, also raised to $1 billion its authorization for the repurchase of Class A and Class B shares.
UPS is the world's largest package delivery company and a global leader in supp... |
| | | 05/06/04 | UPS SHAREOWNERS ELECT BOARD, REAPPOINT DELOITTE & TOUCHE| WILMINGTON, Del., May 6, 2004 - Shareowners of UPS (NYSE: UPS) today elected a Board of Directors for 2004 and reappointed Deloitte & Touche LLP as the company's independent auditor.
Ten directors stood for re-election to the Board of Directors and all were overwhelmingly elected to one-year terms. The appointment of Deloitte & Touche to serve as the company's independent auditors for 2004 also was ratified.
UPS is the world's largest package delivery company and a global leader in supply ch... |
| | | 04/22/04 | UPS 1st QUARTER EARNINGS RISE 24% ON STRONG REVENUE GROWTH| ATLANTA, April 22, 2004 - UPS (NYSE:UPS) today reported an 11.3% increase in revenue and a 24% gain in net income for the first quarter, reflecting strong results in all three business segments.
Scott Davis, UPS's chief financial officer, pointed to three highlights for the quarter including an increase in average U.S. ground and air volume of nearly 600,000 packages a day, or 5%; a doubling of international profit to $269 million, and double-digit revenue growth in the UPS Supply Chain Soluti... |
| | | 03/31/04 | BOB STOFFEL NAMED TO LEAD ALL OF UPS'S SUPPLY CHAIN BUSINESSES| ATLANTA, March 31, 2004 - Bob Stoffel, who helped lead the development of UPS's global supply chain capabilities, has been promoted to the company's Management Committee to succeed the retiring Joe Pyne as senior vice president for the Supply Chain Group.
Pyne has served as UPS's senior vice president for the Supply Chain Group since 1999 and before that, served three years as UPS's senior vice president for marketing. He is retiring after almost 35 years of service.
Stoffel, 48, currently ... |
| | | 02/12/04 | UPS BOARD INCREASES QUARTERLY DIVIDEND| Directors Cite Strong Earnings Outlook
ATLANTA--(BUSINESS WIRE)--Feb. 12, 2004--The Board of Directors of UPS (NYSE:UPS - News), citing the company's performance in 2003 and its continued positive outlook for 2004, today increased the quarterly dividend from 25-cents per share to 28-cents per share on all outstanding Class A and Class B shares.
The increase is the second dividend boost in the past 12 months. Since February 2003, the quarterly dividend has increased 33%, from 21-ce... |
| | | 01/29/04 | STRONG VOLUME GROWTH PROPELS UPS TO RECORD QUARTERLY PROFIT| International Profit Jumps More Than 50%; U.S. Ground Volume Surges
ATLANTA, Jan. 29, 2004 - Led by strong volume gains both in the United States and overseas and significant margin improvement within its international operation, UPS (NYSE:UPS) today reported a 19% jump in adjusted net income for the fourth quarter after excluding certain items that affect the year-ago comparison.
The quarter's performance capped a record year for volume. UPS delivered 3.44 billion packages in 20... |
| | | 11/21/03 | UPS Announces Rates for 2004| Size Limits Expanded; Fuel Surcharge Discontinued on Ground Service
ATLANTA--Nov. 21, 2003-- UPS today announced new rates for most U.S. services effective Jan. 5, 2004. UPS commercial ground services will increase 1.9 percent with U.S. air and UPS Worldwide Express® services increasing an average of 2.9 percent. The premium for packages and letters delivered to residential addresses will rise from $1.15 to $1.40.
UPS also will introduce a $1.00 delivery surcharge to commercial s... |
| | | 11/17/03 | UPS NAMES FINLEY TO HEAD INVESTOR RELATIONS| ATLANTA, Nov. 17, 2003 - Scott Davis, the chief financial officer of UPS (NYSE:UPS), today announced the appointment of Teresa Finley as vice president of Investor Relations.
Finley, 41, will succeed Kurt Kuehn, who last week was named the company's senior vice president of worldwide sales and marketing. Kuehn was UPS's first vice president of Investor Relations, having assumed the post when the company went public in 1999.
Finley currently is a marketing vice president -- overseeing r... |
| | | 11/14/03 | SUSTAINABLE BUSINESS PRACTICES CRUCIAL TO VIABLE GLOBAL ECONOMY, SAYS UPS CEO| UPS's First Corporate Sustainability Report Unveiled at BSR Conference
LOS ANGELES, Nov. 14, 2003 - The commitment of large companies to sustainable business practices that enhance communities and protect the environment will ultimately ease public concern about globalization, the chief executive of UPS (NYSE:UPS) said today.
"Moving forward, the health of globalization - and its worldwide acceptance - will be conditioned on how well multinational business leaders address the economi... |
| | | 11/13/03 | UPS NAMES TOP EXECUTIVES, ANNOUNCES TWO RETIREMENTS| Board Sets Quarterly Dividend
MAHWAH, N.J., Nov. 13, 2004 -- UPS (NYSE:UPS) today announced at the regularly scheduled meeting of its Board of Directors several changes in top management. The UPS Board also declared a quarterly dividend of 25-cents per share on all outstanding Class A and Class B shares.
The dividend is payable on Jan. 5, 2004, to shareholders of record on Nov. 24, 2003.
Announcing their retirements from UPS at year's end were Thomas H. Weidemeyer, chief oper... |
| | | 10/30/03 | UPS Builds Platform For Profitable Growth| NEW YORK CITY, Oct. 30, 2003 - UPS expects to grow significantly next year and into the future because of a strategy of building capabilities to synchronize global commerce, company executives said Thursday. It is doing so by streamlining its domestic operations, extending the reach of its highly integrated international network and expanding its capability to manage complex supply chains.
Earnings in 2004 should grow between 12-to-18 percent. By 2007, when UPS (NYSE:UPS) celebrates it... |
| | | 10/21/03 | UPS Posts Strong Earnings Gain on Growth Across All Segments| International, Non-Package Surge; U.S. Segment Strengthens
ATLANTA, Oct. 21, 2003 - UPS (NYSE:UPS) today reported a 28% jump in net income for the third quarter thanks to a strengthening U.S. package business, record performances by both the international and non-package segments and two other modest gains.
Earnings per diluted share increased 27% to $0.65 from $0.51 last year, including gains due to the sale of a business unit and a favorable tax ruling. Without these items, earnin... |
| | | 08/14/03 | UPS Board Boosts Dividend, Stock Buyback Authorization|
COLUMBUS, Ohio, Aug. 14, 2003 -- The Board of Directors of UPS (NYSE:UPS) today approved the second increase in six months in the company's quarterly dividend, raising the cash payout from 21-cents to 25-cents per share on all outstanding Class A and Class B shares.
The latest increase amounts to a 19% boost. Since the beginning of 2003, the Board has increased the quarterly dividend by 32%, up from 19-cents per share.
The dividend is payable Sept. 9, 2003, to shareholders of record on A... |
| | | 07/22/03 | UPS Reports 13% Earnings Increase on 7% Revenue Gain| Growth In All Segments Paces Quarter
ATLANTA, July 22, 2003 -- UPS (NYSE:UPS) today reported strong financial performance for the second quarter, with all segments showing growth despite a lackluster economy in the United States and much of the world.
Highlights for the quarter included:
Earnings per diluted share increased 13% to $0.61 from $0.54 last year.
U.S. package volume increased 1.2%, paced by a 9.1% increase in Next Day Air® volume.
International profitability incr... |
| | | 06/03/03 | With Europe as Backdrop, UPS Executives Discuss Global Growth|
COLOGNE, Germany, June 3, 2003 - Using Europe as a backdrop for the first time, senior executives of UPS (NYSE:UPS) today hosted analysts and investors on a tour of facilities used to ease cross-border commerce and reviewed growth opportunities around the world.
Among the global opportunities discussed with investors was the rapid acceleration of the company's Asian business, with revenue in China projected to grow from $200 million to $300 million this year alone; the impact of an expa... |
| | | 05/08/03 | UPS Board Sets Dividend|
WILMINGTON, Del., May 7, 2003 -- The Board of Directors of UPS (NYSE: UPS), at its regularly scheduled meeting, today declared a quarterly cash dividend of 21-cents per share on all outstanding Class A and Class B shares.
The dividend is payable on June 3, 2003, to shareowners of record on May 19, 2003.
UPS is the world’s largest package delivery company and a global leader in supply chain services, offering an extensive range of options for synchronizing the movement ... |
| | | 04/22/03 | International, Non-Package Segments Drive UPS 1st Quarter Results|
ATLANTA, April 22, 2003 – UPS today reported solid first quarter results driven by its international and non-package businesses, with both segments generating strong revenue growth and record-setting profits.
The U.S. package segment experienced volume declines during the first two months of the quarter, exacerbated by severe winter weather and a difficult economy. In March, however, and continuing into April, volume trends improved and the company now is experiencing growth i... |
| | | 04/07/03 | The UPS Store Debuts More Than 3,000 Strong | Overwhelming Franchisee Support Sets Stage For Largest Re-Branding Campaign in History
SAN DIEGO, April 7, 2003 – Starting today, more than 3,000 Mail Boxes Etc.&Reg;(MBE) locations around the United States will begin re-branding to The UPS Store™, in the process extending affordable shipping rates to consumers and small businesses.
The re-branding, scheduled for completion by September, will be the largest such effort in retail and franchise history. It was launched in... |
| | | 02/13/03 | Home Depot's Carol Tomé Elected to UPS Board of Directors| Board Also Approves Increase in Quarterly Dividend
ATLANTA, Feb. 13, 2003 – Carol B. Tomé, executive vice president and Chief Financial Officer of The Home Depot, has been elected to the UPS Board of Directors, the company announced today.
Tomé was elected by the Board during its regularly scheduled meeting today in Atlanta, and is expected to stand for election by UPS’s shareowners this spring.
The Board of Directors also increased the quarterly cash dividend from 19... |
| | | 01/28/03 | UPS Fourth Quarter Results Paced by International Segment|
ATLANTA, Jan. 28, 2003 – Paced by record international performance, UPS (NYSE:UPS) today reported solid gains in both revenue and net income for the fourth quarter.
The quarter also saw several non-recurring items, the most notable of which involved the final settlement of a tax dispute with the Internal Revenue Service.
For the quarter ended Dec. 31, 2002, revenue totaled $8.26 billion, up 3.3% from the $8 billion reported during the prior-year period. Including non... |
| | | 11/13/02 | UPS Board Sets Dividend|
BEIJING, Nov. 13, 2002 -- The Board of Directors of United Parcel Service, Inc. (NYSE: UPS), at its regularly scheduled meeting, today declared a quarterly cash dividend of 19-cents per share on all outstanding Class A and Class B shares.
The dividend is payable on Jan. 6, 2003, to shareowners of record on Nov. 25, 2002.
UPS is the world’s largest transportation company, offering the most extensive range of e-commerce and supply chain solutions for the movement of goods, i... |
| | | 10/22/02 | International Segment Paces UPS Third Quarter Results |
ATLANTA, Oct. 22, 2002 – UPS (NYSE:UPS) today reported third quarter results that included a solid gain in revenue, a rise in profits, strong international growth and continued improvement in its supply chain business.
For the quarter ended Sept. 30, 2002, revenue totaled $7.75 billion, up 4.8% from the $7.4 billion reported during the prior-year period. Consolidated operating profit improved 0.7% to $950 million. Net income increased to $578 million compared to the prior year's... |
| | | 08/14/02 | UPS Board Sets Quarterly Dividend| Approves Stock Option Expensing
LOUISVILLE -- Aug. 14, 2002 -- The Board of Directors of United Parcel Service, Inc. (NYSE: UPS) has declared a regular quarterly dividend and approved a management proposal to begin expensing the estimated cost of stock options.
The Board declared a regular quarterly cash dividend of 19-cents per share on all outstanding Class A and Class B shares. The dividend is payable on Sept. 10, 2002, to shareowners of record on Aug. 26, 2002... |
| | | 07/23/02 | New Labor Pact, International Gains Set Stage For Future Growth At UPS|
ATLANTA, July 23, 2002 -- Thanks to the successful negotiation of a new Teamsters labor contract, UPS (NYSE:UPS) today said it expected to regain much of its diverted U.S. domestic business during the third quarter and was well-positioned for an economic recovery.
The new labor contract, reached two weeks before the expiration of the existing pact, "is good for both employees and the company," said UPS Chief Financial Officer Scott Davis. "Wages and benefits will increase an ... |
| | | 07/16/02 | UPS, Teamsters Reach Agreement On New Six-Year Contract|
WASHINGTON, D.C., July 16, 2002 -- UPS (NYSE:UPS) today announced the company and the International Brotherhood of Teamsters have reached agreement on a new six-year contract to replace the pact that expires July 31.
The contract, which covers roughly 230,000 UPS employees in the United States, now will be presented to the union-represented workers for ratification. Company and Teamster leaders are recommending a "yes" vote.
"This agreement is good for our customers, g... |
| | | 07/12/02 | International Segment Paces 2nd Quarter Performance At UPS| Inclusion in S&P 500 Prompts Early Release of Earnings Info; Detailed Results Still Scheduled for July 23
ATLANTA--(BUSINESS WIRE)--July 12, 2002-- UPS (NYSE: UPS) today reported a mixed performance in its second quarter, with continued growth in the international segment partially offsetting declines in the U.S. domestic package business.
For the quarter ended June 30, 2002, revenue totaled $7.68 billion, up 2.5% from the $7.49 billion for the prior year. Consolidated ... |
| | | 07/10/02 | UPS Sees Volume Diversion|
ATLANTA--(BUSINESS WIRE)--July 10, 2002-- United Parcel Service (NYSE:UPS) today reported progress at the bargaining table with the International Brotherhood of Teamsters, but said it was seeing diversion of package volume to competitors.
The company reaffirmed its previous earnings guidance for the second quarter of $0.50 to $0.55 per diluted share. UPS will release its second quarter earnings on July 23.
According to Chief Financial Officer Scott Davis, UPS's business began to sh... |
| | | 05/16/02 | UPS Board Sets Dividend|
WILMINGTON, Del., May 15, 2002 -- The Board of Directors of United Parcel Service, Inc. (NYSE: UPS), at its regularly scheduled meeting, today declared a quarterly cash dividend of 19-cents per share on all outstanding Class A and Class B shares.
The dividend is payable on June 7, 2002, to shareowners of record on May 28, 2002.
UPS is the world’s largest transportation company, offering the most extensive range of e-commerce and supply chain solutions for the movement... |
| | | 04/18/02 | UPS Posts Solid 1st Quarter Earnings| Strong Growth in International Exports, Logistics Services
ATLANTA, April 18, 2002 – UPS (NYSE:UPS) today reported a better-than-expected quarterly financial performance led by solid international growth, effective cost management and industry-leading results in its premium air products.
For the quarter ended March 31, 2002, which had one less working day than the prior-year period, revenue totaled $7.58 billion, up 1.9%. Consolidated operating profit increased 0.... |
| | | 04/18/02 | UPS Posts Solid 1st Quarter Earnings| Strong Growth in International Exports, Logistics Services
ATLANTA, April 18, 2002 – UPS (NYSE:UPS) today reported a better-than-expected quarterly financial performance led by solid international growth, effective cost management and industry-leading results in its premium air products.
For the quarter ended March 31, 2002, which had one less working day than the prior-year period, revenue totaled $7.58 billion, up 1.9%. Consolidated operating profit increased 0.3% during the peri... |
| | | 04/02/02 | ADVISORY/UPS to Launch Intra-Asia Air Hub|
WHO: Ron Wallace, President of UPS International
Charles Adams, President of UPS Asia Pacific
WHAT: A teleconference discussing the launch of UPS's
intra-Asia hub and the one-year anniversary of the
first direct-to-China service. These two initiatives
are key factors in the company's strategic growth in
Asia. They also enable UPS to offer accelerated
delivery times and the broadest portfolio ... |
| | | 03/12/02 | UPS Financial Unit Named #1 Lender by Export-Import Bank| Loans Help Small Businesses Expand Globally
ATLANTA--(BUSINESS WIRE)--March 12, 2002--
For the fifth year in a row, the Export-Import Bank of the United
States has ranked UPS's First International Bank as its top provider
of export and working capital loans.
First International, a unit of UPS Capital, was ranked No. 1 among
the 130 financial institutions in a dozen countries that used Ex-Im
Bank guarantees during the fiscal year ended Sept. 30, 2001. First
Internat... |
| | | 02/26/02 | UPS Discusses Strategy, Outlook At Investors Conference|
LOUISVILLE, Ky.--(BUSINESS WIRE)--Feb. 26, 2002--There is no issue
more critical to the future of commerce than managing global supply
chains, which is why the future of UPS is bright, the company's
chairman and CEO said today.
Addressing his first conference of investors and analysts since
assuming UPS's top post, Mike Eskew explained the company's strategy
and critical role in global commerce as other senior executives
offered an overview of recent developments and updat... |
| | | 02/26/02 | New UPS Supply Chain Solutions Links Logistics, Freight and Financial Services|
ATLANTA--(BUSINESS WIRE)--Feb. 20, 2002--UPS (NYSE: UPS) today
announced UPS Supply Chain Solutions, a streamlined organization that
combines the sales, marketing, finance and technology resources for
its supply chain subsidiaries.
The new organization makes it easier for customers to access UPS's
expanding range of logistics, freight, financial and consulting
services in order to improve the performance of their global supply
chains.
UPS Supply Chain Solutions offers cust... |
| | | 02/26/02 | UPS Discusses Strategy, Outlook At Investors Conference|
LOUISVILLE, Ky.--(BUSINESS WIRE)--Feb. 26, 2002--There is no issue more critical to the future of commerce than managing global supply chains, which is why the future of UPS is bright, the company's chairman and CEO said today.
Addressing his first conference of investors and analysts since assuming UPS's top post, Mike Eskew explained the company's strategy and critical role in global commerce as other senior executives offered an overview of recent developments and updated fi... |
| | | 02/20/02 | UPS To Webcast Investor Conference|
LOUISVILLE, Ky.--(BUSINESS WIRE)--Feb. 20, 2002--On Monday and
Tuesday next week, Feb. 25 and 26, 2002, UPS will host an Investor
Conference in Louisville, Ky., the location of its airline
headquarters.
Conference presentations will be available via a live Webcast.
Audio replay with supporting slides will be posted on the UPS Investor
Relations web site for a limited time.
The conference will feature presentations by Chairman and CEO Mike
Eskew; Chief Operating Officer To... |
| | | 02/19/02 | UPS Once Again `America's Most Admired'|
ATLANTA--(BUSINESS WIRE)--Feb. 19, 2002--For the 19th consecutive
year, UPS (NYSE: UPS) has been rated "America's Most Admired" company
in its industry in a Fortune magazine survey.
UPS also posted the highest average score of any airline or
transportation company ranked by the magazine; was ranked in the top
10 nationwide across all industries on four of the eight attributes
used to compile the rankings, and was ranked No. 1 in all eight
attributes within its industry cate... |
| | | 02/14/02 | UPS Sets Dividend, Share Repurchase|
ATLANTA--(BUSINESS WIRE)--Feb. 14, 2002--The Board of Directors of
United Parcel Service, Inc. (NYSE: UPS), at its regularly scheduled
meeting, today declared a quarterly cash dividend of 19-cents per
share on all outstanding Class A and Class B shares.
The dividend is payable on March 8, 2002, to shareowners of record
on Feb. 27, 2002. The Board also approved the use of up to $1 billion
to repurchase Class A and Class B shares.
UPS is the world's largest transpo... |
| | | 02/14/02 | UPS Sets Dividend, Share Repurchase|
ATLANTA--(BUSINESS WIRE)--Feb. 14, 2002--The Board of Directors of United Parcel Service, Inc. (NYSE: UPS), at its regularly scheduled meeting, today declared a quarterly cash dividend of 19-cents per share on all outstanding Class A and Class B shares.
The dividend is payable on March 8, 2002, to shareowners of record on Feb. 27, 2002. The Board also approved the use of up to $1 billion to repurchase Class A and Class B shares.
UPS is the world's largest transportation c... |
| | | 02/11/02 | UPS Issues Statement On Tyco Capital|
ATLANTA--(BUSINESS WIRE)--Feb. 7, 2002--UPS (NYSE:UPS) today said that contrary to some press reports, it has not expressed any interest in acquiring Tyco Capital, a subsidiary of Tyco International Ltd.
UPS's Capital Corp. focuses on supplying financial services that enhance customers' ability to improve their supply chains. UPS Capital is committed to disciplined and controlled growth.
UPS is the world's largest transportation company, offering the most extensive range o... |
| | | 02/07/02 | UPS Issues Statement On Tyco Capital|
ATLANTA--(BUSINESS WIRE)--Feb. 7, 2002--UPS (NYSE:UPS) today said
that contrary to some press reports, it has not expressed any interest
in acquiring Tyco Capital, a subsidiary of Tyco International Ltd.
UPS's Capital Corp. focuses on supplying financial services that
enhance customers' ability to improve their supply chains. UPS Capital
is committed to disciplined and controlled growth.
UPS is the world's largest transportation company, offering the
most extensi... |
| | | 01/29/02 | UPS Reports 4th Quarter Results| International Operations, Holiday Shipping Drive Revenue Gain
ATLANTA, Jan. 29, 2002 – Thanks to continued international growth and a holiday shipping season that ended strongly, UPS (NYSE:UPS) today reported a small gain in fourth quarter revenue and an overall solid performance despite the U.S. recession. Earnings per share exceeded the company's guidance.
For the three months ended Dec. 31, 2001, revenues totaled $8.1 billion, up 2.4% compared to the same period a year e... |
| | | 01/29/02 | UPS Reports 4th Quarter Results|
International Operations, Holiday Shipping Drive Revenue Gain
ATLANTA, Jan. 29, 2002 – Thanks to continued international growth and a holiday shipping season that ended strongly, UPS (NYSE:UPS) today reported a small gain in fourth quarter revenue and an overall solid performance despite the U.S. recession. Earnings per share exceeded the company's guidance.
For the three months ended Dec. 31, 2001, revenues totaled $8.1 billion, up 2.4% compared to the same period a year earlier... |
| | | 12/04/01 | UPS Cuts Fuel Surcharge| ATLANTA, Dec 4, 2001 (BUSINESS WIRE) -- New index-based surcharge will respond to market changes UPS (NYSE: UPS) today announced it will
lower its current fuel surcharge for customers worldwide by 40 percent - from
1.25 percent to 0.75 percent - as it shifts to an index-based surcharge.
The shift to an index system is intended to help UPS respond to fuel price
fluctuations and help customers realize savings when fuel prices decline.
The current fuel surcharge rate, implemented in... |
| | | 11/15/01 | UPS Board Sets Dividend| PHOENIX, Nov 15, 2001 (BUSINESS WIRE) -- The Board of Directors of United
Parcel Service, Inc. (NYSE: UPS), at its regularly scheduled meeting, today
declared a quarterly cash dividend of 19-cents per share on all outstanding
Class A and Class B shares.
The dividend is payable on Jan. 4, 2002, to shareowners of record on Nov. 27,
2001.
UPS, founded in 1907, is the world's largest express carrier and largest package
delivery company and a leading global provider of specialized transp... |
| | | 11/02/01 | UPS Announces New Rates for 2002| ATLANTA, Nov 2, 2001 (BUSINESS WIRE) -- UPS (NYSE: UPS) today announced that
its 2002 rate increase will be in line with changes it has implemented during
each of the past several years.
The rate change will take effect Jan. 7, 2002, which is one month earlier than
in previous years. Customers also have been given a full 60-day notice of the
change in response to research indicating they prefer a schedule more in line
with their year-end budget planning.
On average, rates for UPS co... |
| | | 10/18/01 | UPS Reports 3rd Quarter Results| Cites Solid Performance Despite Difficult Conditions
ATLANTA, Oct. 18, 2001 – UPS (NYSE:UPS) today reported a gain in third quarter revenue and continued growth in international volume despite the tragedy of Sept. 11, which interrupted what had been a solid performance for the period.
For the three months ended Sept. 30, 2001, revenues totaled $7.5 billion, up 1.5% compared to the same period a year earlier. Consolidated operating profits declined 17.4% during the period to $943 mil... |
| |
|
Receive E-mail Alerts | 
RSS Feeds