UPS Inc. said it is planning to purchase 1,000 propane-fueled delivery trucks and install 50 fueling stations at its facilities, representing a $70 million investment. The trucks will replace diesel- and gasoline-fueled vehicles in ...
Tags: Transportation, UPS, Trucks
J.B. Hunt Transport Services Inc. said it is raising its dividend for shareholders by 33% to 20 cents per share. The increased payout will be made Feb. 27 to shareholders of record as of Feb. 13. The previous dividend from the Lowell, ...
Tags: shareholders, increased payout, concluded the consistent earnings
Andrew Harrer/Bloomberg News The U.S. Postal Service will end a same-day delivery experiment in San Francisco on March 1 after it could not find enough retailers to participate, Bloomberg News reported. The program only generated $760 ...
Tags: Postal Service, Delivery Experiment, FedEx, UPS
UPS Inc. said an unexpected surge of last-minute Internet gift orders during a compressed peak holiday season strained its delivery system, leading to fourth-quarter earnings of about $1.25 per share, or 18 cents below Wall Street ...
Tags: UPS, Lowered Profits, Holiday Surge
UPS Inc. said an unexpected surge of last-minute Internet gift orders during a compressed peak holiday season strained its delivery system, leading to fourth-quarter earnings of about $1.25 per share, or 18 cents below Wall Street ...
Tags: UPS, Lowered Profits, Holiday Surge
American Trucking Associations appointed Curtis Shewchuk of Con-way Inc. as chairman of the group's Homeland Security Policy Committee, ATA said Jan. 14. Shewchuk is chief security officer of Con-way, based in Ann Arbor, Mich. He replaces ...
Tags: Transportation, Truck
Joe Boris Local Teamsters leaders cleared the way for members in UPS Inc.'s Freight unit to vote on a new tentative contract that comes seven months after the company's original proposal was rejected by the union by a wide margin. The ...
Tags: UPS Inc, Local Teamsters, Freight unit, tentative contract
Andrew Harrer/Bloomberg News Parcel carriers UPS Inc. and FedEx Corp. worked diligently in the days following Christmas to deliver packages that missed the promised Dec. 24 deadline. UPS said it cleared its backlog of Christmas ...
Tags: parcel carriers, UPS, FedEx, Christmas, deliver packages