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UPS driver shot twice, robbers steal packages from truck – Click 2 Houston

A UPS driver was shot after delivering a package in southeast Houston Thursday night.

According to authorities, the driver had just returned to his truck when three men walked up and shot him twice. The victim managed to get help and he’s expected to make a full recovery.

The robbers got away with 20 to 30 packages in the truck.

What Does the UPS Earnings Beat Mean for FedEx? – Motley Fool

Domestic demand looks iffy, but European shipment growth bodes well for FedEx’s proposed acquisition of TNT Express.

Profit growth came from international markets

Indeed, operating profit rose just 3% in the U.S. domestic package segment last quarter. The upside in UPS’s results instead came from outside the U.S.

The bottom line is that despite economic weakness in a number of countries, global trade is growing. Intra-Europe shipments rose 8.5% for UPS last quarter. The strong dollar and weak euro have hurt U.S. exports but are boosting import demand in the U.S. European luxury goods companies have also seen good growth in Asia, helped by the weak euro.

UPS fires warning shot across the bow of the stock market and the Fed – Marketwatch

United Parcel Service Inc. has fired warning shots across the bow of the Federal Reserve and the stock market, by saying that U.S. economic growth appears to be slowing.

The package-delivery giant’s cautious outlook runs counter to what Fed Chairwoman Janet Yellen said earlier this month, when she told Congress she expects the U.S. economy to keep strengthening enough for the central bank to raise interest rates “at some point this year.” The Fed’s outlook could become clearer when it releases its latest monetary policy statement on Wednesday.

It also suggests investors should take the relative weakness in UPS stock, as well as the Dow Jones Transportation Average, more seriously, as a warning that a much bigger selloff may be on the horizon for the broader market.

UPS says it is working with customers earlier this year on peak season planning – Louisville Business First

United Parcel Service Inc. says it’s already working closely with retail customers on planning for this year’s peak season — even though there are indications of a softer shipping season this year.

During a conference call on Tuesday, an analyst gave UPS credit for making a concerted effort to build up the capacity of its system. But he asked how the company plans to balance the system’s upgraded capacity with a softer economy and mixed retail market.

Myron A. Gray, president of U.S. operations for the Atlanta-based package shipper, handled the question by saying the company already is working with customers on planning.

Driver thankful that deputy rammed his UPS truck – Local 12

A sheriff’s deputy is being called a hero for ramming his car into an out-of-control UPS truck as the driver suffered a stroke behind the wheel.

“I can’t thank enough for being in the right place at the right time,” Deputy Colin Bertrand said. “It could have been disastrous.”

Bertrand remembers Whatcom County’s roads were quiet on his patrol June 30, so he went poaching around Bellingham’s waterfront for activity. That’s when he spotted a runaway UPS truck swerving and weaving over center lines into oncoming traffic, hitting curbs, ignoring his sirens and lights.