Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
The Latest UPS Headlines
UPS Falls as Peak Season Costs Crimp Annual Profit, 2015 Outlook
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="cheryl" data-source="post: 1507049" data-attributes="member: 1"><p><a href="http://www.bloomberg.com/news/2015-01-23/ups-says-2014-earnings-lower-than-forecast-on-weak-u-s-market.html" target="_blank"><strong>UPS Falls as Peak Season Costs Crimp Annual Profit, 2015 Outlook - Bloomberg</strong></a></p><p></p><p>United Parcel Service Inc. (UPS) fell the most in more than six years after it said 2014 earnings were below prior forecasts as an overexpanded program to handle a deluge of holiday shipments left its network underutilized on some other days.</p><p></p><p>“UPS invested heavily to ensure we would provide excellent service during peak when deliveries more than double,” said David Abney, UPS chief executive officer. “Though customers enjoyed high quality service, it came at a cost to UPS. Going forward, we will reduce operating costs and implement new pricing strategies during peak season.”</p></blockquote><p></p>
[QUOTE="cheryl, post: 1507049, member: 1"] [URL='http://www.bloomberg.com/news/2015-01-23/ups-says-2014-earnings-lower-than-forecast-on-weak-u-s-market.html'][B]UPS Falls as Peak Season Costs Crimp Annual Profit, 2015 Outlook - Bloomberg[/B][/URL] United Parcel Service Inc. (UPS) fell the most in more than six years after it said 2014 earnings were below prior forecasts as an overexpanded program to handle a deluge of holiday shipments left its network underutilized on some other days. “UPS invested heavily to ensure we would provide excellent service during peak when deliveries more than double,” said David Abney, UPS chief executive officer. “Though customers enjoyed high quality service, it came at a cost to UPS. Going forward, we will reduce operating costs and implement new pricing strategies during peak season.” [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
The Latest UPS Headlines
UPS Falls as Peak Season Costs Crimp Annual Profit, 2015 Outlook
Top