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04.25.13
E-Commerce Lifts UPS 1Q Earnings
Strong January Boosts U.S. Domestic Profit Growth; Reaffirms Full Year Guidance
UPS (NYSE: UPS) today announced first quarter 2013 adjusted diluted earnings per share of $1.04. The quarter benefited from a stronger than expected post-holiday season in January as UPS e-commerce solutions resonated with customers. In the U.S. Domestic segment, daily package volume grew 4.4% and operating profit improved 9%. Additionally, UPS reaffirmed its full-year 2013 guidance for adjusted diluted earnings per share; an increase of 6-to-12% over 2012 adjusted results.
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04.25.13
UPS, Teamsters Agree on New Five-Year Contracts
New Accords Cover Small Package and Freight Groups
UPS (NYSE: UPS) today announced that it has reached a tentative agreement with the International Brotherhood of Teamsters (Teamsters) on two, new five-year contracts in the small package and freight business units. The tentative contracts, which must be presented to the UPS Teamster-represented employees for ratification, were concluded well in advance of the July 31, 2013, expiration of the current contracts.
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04.25.13
UPS to Acquire Hungarian Healthcare Logistics Company CEMELOG
Acquisition Enhances UPS's Growing Global and European Healthcare Network
UPS (NYSE: UPS) today announced it will purchase Hungary-based pharmaceutical logistics company, CEMELOG Zrt, as part of its ongoing global growth and investment strategy. The acquisition further strengthens UPS's healthcare reach and expertise in Europe, enabling comprehensive, compliant services to customers in the pharmaceutical, biotech and medical device industries across the increasingly important markets of Central and Eastern Europe.
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04.23.13
UPS Ramps Up Natural Gas Investment
Plans to operate 700 new LNG vehicles across 10 states
UPS (NYSE: UPS) today announced the accelerated growth of its alternative vehicle fleet with plans to purchase approximately 700 liquefied natural gas (LNG) vehicles and to build four refueling stations by the end of 2014. Once completed, the LNG private fleet will be one of the most extensive in the U.S.
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