Cramer thrilled UPS slashed forecast? – CNBC

UPS slashed its earnings forecast a few weeks ago, and Cramer couldn’t be happier. Really.

And, no, it’s not just because he’s a buyer and the revision sent shares lower. Cramer honestly thinks the lowered forecast is quite bullish.

And he says if other investors had sifted through the specifics and noted all the details, they’d feel the same.

Why United Parcel Service is a Top Socially Responsible Dividend Stock (UPS) – Forbes

United Parcel Service Inc has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ”DividendRank” statistics including a strong 2.8% yield, as well as being recognized by prominent asset managers as being a socially responsible investment, through analysis of social and environmental criteria. Environmental criteria include considerations like the environmental impact of the company’s products and services, as well as the company’s efficiency in terms of its use of energy and resources. Social criteria include elements such as human rights, child labor, corporate diversity, and the company’s impact on society — for instance, taken into consideration would be business activities tied to weapons, gambling, tobacco, and alcohol.

UPS not liable for contract breach in case of missing specialty coins: Court – Business Insurance

United Parcel Service of America Inc. is pre-empted under federal law from breach of contract and other state law claims in connection with the loss of $150,000 in missing packages containing specialty gold and silver coins, says an appeals court in upholding a ruling against Lloyd’s of London syndicates.

A total of 27 shipments of packages shipped with UPS by Wilmington, Delaware-based First State Depository L.L.C., which provides customer, shipping and accounting services for coins and special metals, were lost or stolen during an eight-week period in early 2012, according to Tuesday’s ruling by the 3rd U.S. Circuit Court of Appeals in Philadelphia in Certain Underwriters at Interest at Lloyd’s of London et al. v. United Parcel Service of America Inc.

UPS, Fedex get approval for express services in more Chinese cities – Reuters

After years of waiting, United Parcel Service Inc. and FedEx Corp  have received licenses in China to extend domestic express package services to Beijing and other cities without needing joint-venture partners.

The U.S. companies had been waiting for permission to independently courier packages from businesses to consumers (B2C) via their entire Chinese networks, since a 2009 postal law largely restricted foreign firms to delivering packages from abroad.

The licenses increase access to a market second in size only to the United States. Thanks to online shopping, the Chinese market is growing 60 percent annually and next year could be worth 280 billion yuan ($46 billion), said consultancy Deloitte.

 

UPS and FedEx turn focus to consumer behaviour – EURO2day

Online retailing and business-to-business ordering are driving up traffic volumes for both UPS and FedEx but also making flows harder to predict.

The question for both companies is whether management changes and technology investments can help them to avoid a repeat of the chaos that engulfed UPS last Christmas, when demand surged more than anticipated. Volumes on its busiest day, December 23, were 13 per cent up on 2012′s peak and the network was clogged. Many packages were delivered after December 25.