UPS sees profit surge amid e-commerce

Article Abstract:

United Parcel Service, in its first financial report as a publicly traded firm, reported $661 million in earnings, or $0.56 a diluted share, for the fourth quarter of 1999, up from $482 million, or $0.43, in a comparable period a year ago. Revenues increased 11.7% to $7.45 billion for the quarter ended Dec 31, 1999. The Atlanta, GA-based company said the earnings and revenue increases were due to growth in electronic commerce and international business.

General Freight Trucking, Trucking, United Parcel Service of America Inc.

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FedEx quarterly profit rises 26 percent

Article Abstract:

FedEx reported that profits were up by 26 percent for the quarter ending Nov. 30, 2001. Tax benefits and lower fuel costs were cited as the reasons for the profit increase.

Company Planning/Goals, Courier Services, Security Guards and Patrol Services, Detective & armored car services, Delivery services, FedEx Corp., FDX

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USPS sees $2.5B surplus for first half

Article Abstract:

Details regarding the net income of the US Postal Service for the first half of its fiscal year by USPS are presented. It is explained that there is decline in several classes and there is tremendous technology competition for first-class mail and tremendous market competition for priority and express mail.

Forecasts, trends, outlooks, Regulation and Administration of Communications, Electric, Gas, and Other Utilities, Public Mail & Express Services, Postal Services, Postal Service, US Postal Service, U.S. Postal Service, Material Handling Equipment Manufacturing, Construction and Related Machinery, Mail Delivery Systems, Postal Service & Subsidies, Forecasts and trends, Market trend/market analysis, Company sales and earnings, Company earnings/profit, United States. Postal Service

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