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FedEx plans to deliver packages seven days a week starting next January as it tries to keep up with the continuing boom in online shopping.
The company is also taking back nearly 2 million daily deliveries to homes that are currently handled by the post office.
UPS (NYSE:UPS) and BPW announced today that the companies are testing a new e-vehicle model in Germany. The next-generation UPS delivery truck is a converted diesel vehicle that incorporates an innovative dual-motor rear axle drive developed by BPW, and is now making deliveries in central Cologne. This test is part of UPS’s ongoing dual commitment to innovation and reducing the environmental impact of its services.
It has been about a month since the last earnings report for United Parcel Service (UPS). Shares have lost about 8.8% in that time frame, underperforming the S&P 500.
Will the recent negative trend continue leading up to its next earnings release, or is UPS due for a breakout? Before we dive into how investors and analysts have reacted as of late, let’s take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.
A man is recovering from his injuries after he was found shot in Ponca City.
Around 10 a.m. on Tuesday, police say a UPS driver saw a man suffering from a gunshot wound to the stomach walking down the street.
The driver immediately called for help, and the victim was rushed to a nearby hospital.