• UPS News for UPSers

    1. Categories:
    2. UPS Press Releases

    UPS Info for UPSers Strong January Boosts U.S. Domestic Profit Growth; Reaffirms Full Year Guidance

    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 improved 9%. Additionally, UPS reaffirmed its full-year 2013 guidance for adjusted diluted earnings per share; an increase of 6-to-12% over 2012 adjusted results. On a reported basis, diluted earnings per share were $1.08, compared to $1.00 for the same period last year. During the quarter, UPS reported a $36 million after-tax gain related to its attempted acquisition of TNT. This amount includes a $213 million after-tax currency gain from liquidating a foreign subsidiary, mostly offset by a $177 million after-tax charge for the termination fee and other transaction-related costs.

    "UPS demonstrated its ability to consistently deliver results," said Scott Davis, UPS Chairman and CEO. "The UPS product portfolio is in-tune with connected and empowered consumers, creating a competitive advantage that positions us well for sustained growth."
    ...

    UPS Info for UPSers 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 customers in the pharmaceutical, biotech and medical device industries across the increasingly important markets of Central and Eastern Europe.

    UPS expects to complete the transaction in the second quarter of 2013, subject to customary closing conditions. Per company policy, terms of the deal are not disclosed.

    Based outside of Budapest, CEMELOG has offered customers across Central and Eastern Europe tailor-made healthcare logistics solutions for the last fourteen years. Backed by a strong regional network, advanced warehousing management systems, full quality assurance services and an experienced workforce, the company helps healthcare clients maximize supply chain efficiencies, meet regulatory requirements and deliver products reliably and securely. CEMELOG's customers include some of the most recognized healthcare brands in the world.
    ...
    Published on 04-24-2013 08:20 AM
    1. Categories:
    2. UPS News

    UPS Info for UPSers UPS Quest for Health-Care Boost Spurs Flu Vaccine Trek - Bloomberg

    When a ship’s crew in the Bering Sea contracted an intestinal illness in late 2012, United Parcel Service Inc. (UPS) flew in medicine by helicopter. It sent $9 million of flu vaccines to Laos, too, keeping them at a constant temperature for five days across 9,000 miles.

    Those journeys show how far UPS is venturing beyond its signature brown delivery vans in pursuit of a $50 billion global health-care supply chain market. Seeking new business as overnight shipments slump, Atlanta-based UPS and FedEx Corp. (FDX) want to take advantage of annual gains in medical cargo demand topping 20 percent.

    Both companies have more than doubled their dedicated health-care storage and handling space in the past five years to take advantage of a business with potential operating margins of 15 percent or higher, dwarfing industrywide operating margins that average 5 percent, according to data compiled by Bloomberg.
    Published on 04-24-2013 07:46 AM
    1. Categories:
    2. UPS Stock News

    UPS Info for UPSers UPS Near An All-Time High Ahead Of Earnings; Any Missteps Could Prove Costly - Seeking Alpha

    UPS shares are just off the recent all-time highs, thanks to an improving economic backdrop, a solid share repurchase program, improving fundamentals. Given the recent advance in the share price, however, UPS is vulnerable to even the slightest missteps. Recall rival FedEx told investors just one month earlier that its quarterly results were negatively impacted by weakness in international markets and increased low-cost competition. For its part, UPS boasts better logistical capabilities and less international exposure, helping to lift its shares 13.8% YTD versus a mere 1.0% gain for FedEx over that same-time frame. In order for UPS to maintain the upward momentum, look for earnings and revenues toward the high end of Street estimates as even the slightest miss could drag trigger a sharp pullback.
    Published on 04-24-2013 07:29 AM
    1. Categories:
    2. Fedex News,
    3. UPS News,
    4. Industry News

    UPS Info for UPSers FedEx Shuts Out UPS to Win $10.5 Billion in Postal Service Work - Money News

    FedEx Corp. agreed to a seven-year contract with the U.S. Postal Service valued at about $10.5 billion to carry mail between U.S. airports, fending off a challenge from United Parcel Service Inc.

    UPS had said in July that it planned to fight FedEx for the postal contract, triggering speculation about what financial terms might be set after the Postal Service lost $15.9 billion in the fiscal year ending Sept. 30.

    FedEx’s winning the sole award for the domestic airlift work was a “disappointment” to UPS, said Kara Ross, a spokeswoman for the world’s biggest package-delivery company.

    Page 4 of 13 1 2 3 4 5 6 7 8 9 10