Company Watch - UPS United Parcel Service.Jul 30, 2007 United Parcel Service United Parcel Service, Inc. (NYSE: UPS), commonly referred to as UPS, is the world's largest package delivery company, delivering more than 15 million packages[1] a day to 6.1 million customers in over 200 countries and territories around the world. reported second-quarter net income of $1.1 billion, slightly improved over net earnings of $1.06 billion in the year-ago quarter, citing gains in its air-driven international business including a 14% jump in international export revenue. "Strong gains in our international package segment offset a lack of growth in the US business," Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Mike Eskew said. Revenue increased 3.8% to $12.19 billion as operating profit Operating profit (or loss) Revenue from a firm's regular activities less costs and expenses and before income deductions. operating profit See operating income. lifted 4.1% to $1.77 billion. The parcel delivery giant said Asia export volume climbed 25%, "with particularly strong growth out of China." It said a "dynamic global marketplace" gives it confidence in "long-term growth prospects" despite a "challenging" US market. Jul 26, 2007 John Fain fain adv. 1. Happily; gladly: "I would fain improve every opportunity to wonder and worship, as a sunflower welcomes the light" Henry David Thoreau. 2. , a long-time executive of Overnite Transportation who continued his responsibilities after United Parcel Service acquired that company, now is taking on global responsibilities for marketing and sales for UPS Freight UPS Freight (NASDAQ: UPS) is the Less-Than-Truckload (LTL) division of UPS. Formed on August 5, 2005, after the acquisition of Overnite Transportation Company. UPS purchased Overnite Transportation for a price of $1.25 billion dollars. . Jul 26, 2007 UPS Unveils New Online Service to Simplify Tracking, Billing Package-delivery company United Parcel Service Inc. said Wednesday it started a service called Express Critical that aims to simplify shipping for commercial customers. Jul 25, 2007 Editorial eMail: edit@AirGuideOnline.com For Air Transport & Travel Business Experts contact our Director of Content Aram Gesar eMail: bizintel@AirGuideOnline.com For more global news, reviews, features and analysis, please subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com AirGuideFlightTracker is a new service that keeps travelers informed on flight and airport status via the Web. For more go to http://www.airguideonline.com/airline_tracker.htm Copyright [c] 2007 Pyramid Media Group / Air Travel Media. All rights reserved. |
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