USPS NEWS

UPS profit beats estimates as cost cuts offset weak delivery demand

(Reuters) -United Parcel Service reported first-quarter profit above estimates on Tuesday as cost cuts partly offset subdued demand for small-package delivery, sending its shares up 3. 5% premarket. T...

UPS sees profit in U.S. Postal Service work that dragged down FedEx earnings

By Lisa Baertlein LOS ANGELES (Reuters) – United Parcel Service expects its newly won U. S. Postal Service (USPS) air cargo contract to be profitable in its first year and throughout the more than fiv...

USPS commits to rerouting Reno-area mail despite bipartisan pushback and mail ballot concerns

LAS VEGAS (AP) — The USPS announced on Tuesday it will follow through with its plan to reroute Reno-area mail processing to Sacramento, a move that drew bipartisan ire from Nevada lawmakers while rais...

USPS commits to rerouting Reno-area mail despite bipartisan pushback and mail ballot concerns

LAS VEGAS (AP) — The USPS announced on Tuesday it will follow through with its plan to reroute Reno-area mail processing to Sacramento, a move that drew bipartisan ire from Nevada lawmakers while rais...

UPS sees profit in U.S. Postal Service work that dragged down FedEx earnings

United Parcel Service UPS expects its newly won U. S. Postal Service (USPS) air cargo contract to be profitable in its first year and throughout the more than five-year deal, after rival FedEx struggled with the business, Chief Executive Carol Tome said on Tuesday. Atlanta-based UPS will become the No. 1 USPS air cargo service provider on Sept. 30. It replaces FedEx, which was paid $1. 75 billion in fiscal 2023 to provide Priority Mail and other speedy services for the quasi-governmental agency....

US Postal Service to Migrate Air Cargo to UPS During Summer

The U. S. Postal Service plans to shift daily air cargo volumes to UPS before the contract with FedEx expires in September to ensure no service interruption for customers heading into the busy holiday...

UPS raised to buy at HSBC

In a note Thursday, analysts at HSBC upgraded UPS (UPS) to Buy from Hold, raising the price target to $170 from $150 per share. UPS's first-quarter results beat expectations due to a tapering volume d...

Oshkosh Corporation Reports 2024 First Quarter Results

Reports Diluted Earnings per Share of $2. 71, up 102 Percent Reports Adjusted 1 Earnings per Share of $2. 89, up 77 Percent Reports Sales of $2. 54 billion, up 12 Percent Raises 2024 Sales and Earning...

To save articles or get newsletters, alerts or recommendations – all free. Don't have an account? Sign Up Already have an account? Log In The V. I. Department of Human Services is urgently reminding a...

Watch: Karisma Kapoor's Sweet Encounter With Kitten Is Winning Hearts

Dance Deewane is presently one of the most popular dance reality shows and is loved widely by Indian audiences. While the show’s main attraction is the contestants from every corner of the country, the judges are also among the biggest USPs. With Mad...