Post Tagged with: "UPS"

Inside the sortation hub

Inside the sortation hub

March 20, 2015 at 10:21 am 0 comments

With the growth of e-commerce has come increasing business for the big express companies. And increasing headaches, too, as tens of millions of online shoppers expect overnight delivery, regardless of conditions. Below is an interesting documentary shot by one of the big TV news networks. It is presented as aRead More

A very mixed quarter for UPS

A very mixed quarter for UPS

February 5, 2015 at 1:08 pm 0 comments

UPS reported fourth-quarter net income down 61.2% y-o-y to $453 million, despite a 6.1% increase in revenue to $15.90 billion. Reported operating profit for the quarter was down 60.5% to $754 million. The dramatic drops in net income and operating profit were the result of a combination of two one-timeRead More

UPS 3Q volumes up across the board

UPS 3Q volumes up across the board

October 27, 2014 at 10:48 am 0 comments

UPS reported third-quarter net income up 10.7% y-o-y to $1.21 billion as total revenue rose 5.7% to $14.29 billion. Operating profit for the quarter was up 8.3% to $1.95 billion. The chart at right shows the company’s financial and operational results for both the third quarter and the year throughRead More

At Cargo Facts, 11 of the top 20 carriers in the world

At Cargo Facts, 11 of the top 20 carriers in the world

September 18, 2014 at 4:06 pm 0 comments

Many of the world’s top cargo carriers will be attending the 20th annual Cargo Facts Symposium next month. Among the carriers already signed up are: AirBridge, Atlas Air, Cargolux, Delta, DHL, Emirates, Etihad, FedEx, LATAM. Lufthansa, and UPS. That according to analysis of registrations released today. The Cargo Facts Symposium will takeRead More

UPS package volumes rise 7%

UPS package volumes rise 7%

July 29, 2014 at 10:46 am 0 comments

A 7.2% increase in average daily package volume drove strong second-quarter operational performance for UPS. Total revenue for the quarter was up 5.6% to $14.27 billion, but the company took a one-time charge of $665 million (related to post-retirement health-care benefits), which drove net income down 57.6% y-o-y to $454Read More

A new CEO for UPS

June 6, 2014 at 7:31 am 0 comments

UPS Board Appoints David Abney CEO, Scott Davis Remains Chairman Upon Retirement The UPS Board of Directors today announced that it has named David Abney, currently the company’s Chief Operating Officer, as its new Chief Executive Officer and appointed him to the Board of Directors. Scott Davis, 62, who hasRead More

What next for Global Supply Systems?

What next for Global Supply Systems?

April 9, 2014 at 7:47 am 0 comments

UK-based Global Supply Systems (GSS), in which Atlas Air Worldwide Holdings is a 49% stakeholder,  was formed in 2002 in order that British Airways World Cargo could continue to ACMI lease freighters from Atlas, while staying compliant with UK law. GSS dry-leased three 747-400Fs from Atlas, and operated them onRead More

N402UP – the First 757-200PF to Fly

N402UP – the First 757-200PF to Fly

March 17, 2014 at 2:18 pm 0 comments

A brief look back today, as we see N402UP (msn: 23724) arriving at Boeing field on a spring evening. This aircraft was chronologically the second 757 freighter ever built, but by happenstance became the first to fly, on August 11th, 1987, and the first to be delivered, on Sept. 17,Read More