UPS 3Q Earnings Climb 69 Percent on Revenue Growth of 9 Percent

UPS (NYSE:UPS) today announced adjusted diluted earnings per share of $0.93 for the third quarter of 2010, a 69% improvement over the prior-year period. Global revenue grew 9.3%, generating $1.5 billion in adjusted operating profit, a 62% increase. On a reported basis, diluted earnings per share were $0.99, an 80% increase over the $0.55 in […]

UPS Joins USPS to Enable Consumers To Return Packages via Home Mailbox

UPS Makes It More Convenient to Return Goods ATLANTA, Aug 12, 2010 — UPS today announced it is launching UPS Returns(R) Flexible Access, a new service with a unique label that allows consumers to drop returns at any U.S. Postal Service(R) (USPS) location or personal mailbox in addition to the thousands of UPS locations nationwide. […]

USPS Pilot Program With UPS Is Underway

The USPS-UPS pilot program extending USPS Parcel Return Service (PRS) to participating UPS business customers (Link, 2/4) is under way. UPS has named the service “UPS Returns Flexible Access.” The pilot lets customers return qualified parcels with UPS or the Postal Service. These parcels have a label that combines elements of the UPS ground and […]

UPS To Test Parcel Return Service Using USPS

UPS will begin a pilot program to test Parcel Return Service (PRS), allowing customers to return items — originally shipped by UPS — to participating retailers using the Postal Service for pickup. Consumers will gain the convenience of USPS access points for a return pickup — collection boxes, Post Offices, and Free Package Pickup from […]