UPS

UPS Purchases New Boeing 747-8 Jumbo Super Jets

UPS Purchases New Boeing 747-8 Jumbo Super Jets

To uphold its lifetime commitment of rendering quality delivery services to its clients, UPS buys Boeing 747-8 jumbo jets.

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Amazon Warehouse Employees Prepare For Their Busiest Time Of Year

FedEx Said Amazon Needs Tens of Billions of Dollars and Years to Compete

FedEx said in a statement that “a new entity competing” with the company will have to spend tens of billions of dollars to replicate its current extensive network. The statement, referring to Amazon’s new plan to get into the logistic business, also assured that FedEx’s relationship with Amazon remain strong.

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 Amazon Truck In Chicago

Developing Own Delivery System Cuts Amazon’s Fourth Quarter Profit While Increasing Fixed Assets

Amazon has become inspired by Prime’s offers for free delivery within two days against online purchases for more than $100. Instead of spending more for shipping, Amazon is slowly approaching towards own delivery system through purchasing trucks and building own warehouses. These efforts have engaged current assets and narrow down fourth quarter profit. But 26% rise in yearly sales indicates a very different outlook.

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FRANCE-RETAIL-AMAZON-CHRISTMAS

Amazon.com to Acquire Colis Privé, Competing with FedEx, DHL and UPS

Amazon.com expand its business to delivery service. The company will fully acquire French delivery company, Colis Privé. This acquisition will put Amazon head-to-head with FedEx, DHL and UPS.

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FedEx

FedEx says has requested EU approval for $4.9 billion TNT bid

FedEx (FDX.N) has asked the European Union's competition regulator to approve its 4.4-billion-euro ($4.9 billion) bid for Dutch rival TNT Express (TNTE.AS), the U.S. package delivery service company.

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United Parcel Service

UPS to invest $1.06 billion in Europe: Wirtschaftswoche

United Parcel Service Inc. (UPS.N) plans to invest 1 billion euros ($1.06 billion) in Europe to expand its package delivery network, German magazine Wirtschaftswoche reported on Sunday, without citing its sources.

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TNT Express

FedEx to buy TNT to expand Europe deliveries

FedEx Corp (FDX.N) is seeking to buy Dutch package delivery firm TNT Express for an agreed 4.4 billion euros ($4.8 billion), aiming to succeed where United Parcel Service (UPS.N) failed two years ago when its bid was blocked by competition regulators.

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NYSE

Wall Street falls on miners, UPS; indexes up for week

U.S. stocks fell modestly on Friday, pressured by underwhelming corporate news including guidance from economic activity bellwether UPS and as materials stocks fell after bearish notes.

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United Parcel Service (UPS)

Small U.S. firms may struggle with new UPS, FedEx dimensional prices

United Parcel Service Inc (UPS.N) and FedEx Corp (FDX.N) are rolling out new pricing systems to curb online retailers' large package sizes, but industry experts warn many small firms are unprepared and could pay up to 50 percent more for shipping.

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Deliveries

UPS, FedEx seek ways to manage massive peak season package bulge

Determined not to repeat a holiday season that left millions of packages delivered too late and customers seething, United Parcel Service Inc (UPS.N) and FedEx Corp (FDX.N) are investing heavily in new infrastructure - but the continued dynamic growth of e-commerce will test those efforts.

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Ameriflight LLC

Florida investor Pebbles Aviation buys Burbank's Ameriflight

Sarasota, Florida-based investment group Pebble Aviation LLC acquired Burbank, California-based air charter and cargo services provider Ameriflight LLC for an undisclosed sum, as announced by both companies on Thursday.

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Amazon

Amazon.com offers customers gift cards, refunds after UPS delivery failure

Gift cards and shipping refunds were offered by Amazon.com Inc to appease its customers after UPS said it would not be able to deliver some packages by Christmas, Bloomberg reported.

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Siodemka

Polish delivery company Siodemka prepares for Warsaw listing debut

Poland's Siodemka, one of the country's biggest delivery firms, is planning to list on the Warsaw Stock Exchange. 18 companies have already debuted in the Polish bourse this year.

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Cyber attack

'Ransomware' likely hitting jackpot with bitcoin surge

Cryptolocker thieves are taking advantage of the $1,000 surge of the Bitcoin value by spreading malware that threatens to encrypt computer data and collecting anonymous Bitcoin ransom from unwitting victims.

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Plane crash

UPS cargo plane crashes near Birmingham airport

The cargo plane of UPS crashed into a field close to Birmingham airport, killing two pilot and scattered debris over a rural area.

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