ups

UPS Chops Guidance

UPS planeUnited Parcel Service Inc. (NYSE: UPS) cut its second-quarter and full-year earnings guidance this morning, citing overcapacity in the air freight...

UPS Misses on Earnings, Stock Slides

UPS planeUnited Parcel Service Inc. (NYSE: UPS) reported fourth-quarter and full-year 2012 results before markets opened this morning.

For the quarter, the...

The $1 First-Class Stamp

USPS Sorting CenterThe U.S Postal Service, plagued by losses that may force it to curtail service, and could make it miss some payments to retirement health plans, may...

Weak Outlooks Doom Dow to Worst Day in 4 Months

U.S. stocks fell on Tuesday, driving the Dow industrials to the biggest drop since June 21, as weak results from index members DuPont and United Technologies showed profit growth is slowing.

10 Companies That Owe Amazon a Big 'Thank You'

Amazon's holidays are off to a great start, but with its stock trading north of 100 times earnings, AMZN shares could be the one thing you don't want to buy from the online retailer. Instead, consider these companies that are riding on the coattails of the online shopping boom.

Cuts to First-Class Mail to Slow Delivery in 2012

The cash-strapped U.S. Postal Service said Monday it is seeking to move quickly to close 252 mail processing centers and slow first-class delivery next spring, citing steadily declining mail volume. The cuts are part of $3 billion in reductions aimed at helping the agency avert bankruptcy next year.

Occupy Wall Street Needs to Occupy Washington

People enraged by the status quo are occupying America's public spaces. Most agree that companies wield too much influence in government -- and that we need to change that. The way to do so is to limit corporate donations to politicians -- it's not even their money to give.

The Post Office Is Doomed. Some Say Good Riddance

If the USPS went into bankruptcy, would anyone care? Not according to former UPS board member Gary MacDougal, who argued in a scathing attack last week that "the rapid growth of email, online bill paying," and private parcel delivery firms like UPS and FedEx has made the Post Office obsolete. Statistics suggest he's right.

Mail Delivery Just Got More Interesting

As the U.S. Postal Service works feverishly to close its budget gap, UPS is taking advantage of the turmoil to highlight how much more innovative its brown-clad couriers can be, compared to their blue-suited cousins.