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UPS News

UPS Improves Holiday Performance By Adding a Day to Delivery Time – Fox News

After two consecutive years of problems during its holiday peak package season, UPS delivered on time at Christmas this year while its main rival FedEx had a last-minute stumble that left some gifts undelivered until after the holiday.

“It seems like the third time’s a charm for UPS,” said Kent Winegar, portfolio manager at Austin, Texas-based Terry McDaniel & Co, which manages assets of around $900 million and holds nearly $15 million in UPS stock. “But if e-commerce keeps growing at such a rapid rate we’ll see how they do next year.”

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Industry News UPS News

Third time’s a charm for UPS at Christmas, but FedEx stumbles – Atlanta Business Chronicle

After two consecutive years of problems during its holiday peak package season, UPS delivered on time at Christmas this year while its main rival FedEx had a last-minute stumble that left some gifts undelivered until after the holiday.

“It seems like the third time’s a charm for UPS,” said Kent Winegar, portfolio manager at Austin, Texas-based Terry McDaniel & Co, which manages assets of around $900 million and holds nearly $15 million in UPS stock. “But if e-commerce keeps growing at such a rapid rate we’ll see how they do next year.”

 

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UPS News

UPS CEO: ‘Very comfortable’ with Amazon relationship – CNBC

UPS CEO David Abney said he is “very comfortable” with his company’s relationship with Amazon.com, one week after The Wall Street Journal reported the relationship between the two had come under stress.

The report raised the possibility of Amazon emerging as a rival to UPS in a bid to process rising package volumes and offset higher shipping costs.

But Abney dismissed the notion that UPS’ customers would be better off going it alone.

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UPS Press Release

Return To Sender: UPS Wraps Up Holiday Shipping Season With Easier Returns

  • Record number of returned packages expected on January 6
  • UPS survey shows returns experiences influence consumer purchase decisions
  • Easier holiday returns at local UPS Access Point™ locations
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Industry News UPS News

What Do FedEx Corporation’s Results Mean for United Parcel Service? – Motley Fool

As United Parcel Service, Inc. (NYSE: UPS) moves through its all-important fourth quarter, investors will be wondering if it’s dealing with peak demand during the holiday season. One way to know is to look at key rival FedEx Corporation’s (NYSE: FDX) recent second-quarter results. FedEx reported its numbers between Thanksgiving and Christmas, so management’s commentary will provide clues as to United Parcel Service’s trading during peak demand. Let’s take a closer look at the events.