UPS Inc shipped 50 % more items this holiday season than last for third-party vendors and doubled the amount for 2016 overall, the retail giant said on Wednesday.
FedEx Corp said on Monday that it expects to see a record number of shipments during this year's busy holiday season, driven by rising retail sales and a jump in ecommerce.
U.S. stocks fluctuated as investors weighed corporate earnings while Treasuries declined for the first time in three days amid speculation on when the Federal Reserve may scale back its asset purchases.
U.S. stocks fluctuated after benchmark indexes closed at records yesterday, as investors weighed comments from Federal Reserve officials amid better- than-expected bank earnings and a reduced profit forecast from UPS.
United Parcel Service Inc. narrowed its 2012 profit forecast after posting third-quarter earnings that matched analysts’ estimates, buoyed by higher export volumes in Asia and a gain in U.S. package volumes.
United Parcel Service Inc. projects short-term economic headwinds amid a decline in manufacturing orders in Asia while the company pursues a major acquisition in Europe, the head of its international division said.