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UPS takes hit during holidays, cuts outlook

...between $8.50 per share and $9 per share for the year. Analysts expect earnings of $8.97 per share.Shares of UPS Inc. fell $11.19 to $103.06. Shares of FedEx Corp. fell $4.18, or 2.3 percent, to $177.22.

http://chronicle.augusta.com/news/business/2015-01-23/ups-takes-hit-during-holid
Transportation funding top legislative issue in Georgia

...according to tracking firm ShipMatrix.The company has since made some improvements, including hiring more people."UPS Inc. took care of the issues we had," Frank Morris, UPS vice president of corporate public affairs, said at a legislative...

http://chronicle.augusta.com/news/government/2014-12-13/transportation-funding-t
Biz bits

UPS to cut 1,800 jobs to streamline service ATLANTA --- Shipping giant UPS Inc. will cut 1,800 management and administrative jobs, less than 1 percent of its global work force, as it repositions itself...

http://chronicle.augusta.com/stories/2010/01/09/bus_562489.shtml
Business
Business briefs

UPS earnings jump in second quarter ATLANTA - Shipping giant UPS Inc. reported an 18 percent jump in quarterly profit Thursday. UPS said it earned $818 million, or 72 cents a share, for the three...

http://chronicle.augusta.com/stories/2004/07/23/bus_422981.shtml
Business
Biz bits

...fewer, lighter packages, businesses are urgently trying to spend less on shipping orders, and it all spells bad news for UPS Inc. The economic bellwether said Thursday its second-quarter profit plunged 49 percent and cautioned that its near-term...

http://chronicle.augusta.com/stories/2009/07/24/bus_541893.shtml
Business
Economy is on thin ice, UPS CEO says

...the slowing economy will rebound, the chief executive of UPS Inc. said Wednesday. CEO Scott Davis, who took over the...elevated to the top post. SHARE REPURCHASE ATLANTA-- UPS Inc. said Wednesday that it will repurchase up to $10 billion...

http://chronicle.augusta.com/stories/2008/01/10/bus_179813.shtml
Business
Delivery workers push for benefits

...feuding with management these days over new contract terms. Cargo airline pilots are, too. The disputes at shipping giants UPS Inc. and FedEx Corp., however, don't involve pay cuts, as both companies are offering wage increases. Beyond pay...

http://chronicle.augusta.com/stories/2005/11/17/bus_23699.shtml
Business
UPS looks to future while celebrating 100 years

...brainchild of two teenagers in a Seattle basement, whose fledgling messenger service made deliveries on foot or on bicycle. As UPS Inc. celebrates its 100th anniversary this month, it now is the world's largest shipping carrier - a $47 billion business...

http://chronicle.augusta.com/stories/2007/08/05/bus_138351.shtml
Business
Helping people eBay

...becomes increasingly popular, it's attracting a crowd of businesses who want to be part of the process. Global shipper UPS Inc.'s recent decision to link up with a company that helps auction goods on eBay reflects how much money businesses think...

http://chronicle.augusta.com/stories/2004/06/26/bus_420212.shtml
Business
Middlemen popping up to sell people's wares on eBay

...increasingly popular, it's attracting a fast-growing crowd of businesses who want to be part of the process. Global shipper UPS Inc.'s recent decision to link up with a company that helps auction goods on eBay reflects how much money businesses think...

http://chronicle.augusta.com/stories/2004/06/28/bus_420428.shtml
Business