United Parcel Service Swings to a Loss
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United Parcel Service Inc., the package delivery company, reported a quarterly loss on Wednesday because of a $6.1 billion pension-related charge. The company also forecast weak first-quarter earnings.
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United Airlines parent UAL Corp. reported a $53 million loss for the fourth quarter Tuesday on a sharp rise in the price of fuel and bad weather that forced a raft of holiday flight cancellations.
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US Airways Group Inc. and UAL Corp.&#39;s United Airlines, both operating under bankruptcy court protection, reported losses in the third quarter yesterday, blaming record high fuel prices
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United Parcel Service Inc. (UPS.N: Quote, Profile, Research) said on Thursday its quarterly profit rose but missed analysts&#39; expectations as rising oil prices offset strength in its international and non-package businesses.
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The company reported a fourth-quarter net loss of $2.58 billion,  citing a $6.1 billion charge related to transferring employees from a multi-employer pension fund.
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NEW YORK -- McClatchy Co., the second-largest newspaper publisher in the country, reported a fourth-quarter loss of $279.3 million Tuesday after taking a hit on the sale of its largest newspaper, the Minneapolis Star Tribune.
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United Parcel Service, the US delivery company, is to take direct control of its core international express operations in China, paying US$100m to buy out its local partner, Hong Kong-listed Sinotrans.
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Royal Mail loses "critical" Â£8m contract to collect second class mail from online retailer Amazon.
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Regional carrier ExpressJet Holdings Inc  suffered a second-consecutive quarterly loss on Friday, burdened by costs from starting up its own scheduled service.
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Bankrupt UAL Corp. UALAQ.OB, parent  of United Airlines, on Thursday reported a net loss of $56  million for August, including $11 million in reorganization  expenses.
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United Parcel Service Inc.  said on Thursday its quarterly profit rose but missed expectations as shortfalls in its U.S. package business and rising fuel prices offset strength internationally.
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United Parcel Service Inc  on Tuesday posted a better-than-expected profit citing growth in its global business, supply chain and freight unit, plus modest growth in its U.S package business despite a "sluggish" economy.
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For the period that ended Dec. 31, the company reported a loss of $16 million, or 11 cents a share, in contrast to a profit of $18 million, or 12 cents a share, in the period a year earlier.
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Bankrupt UAL Corp. UALAQ.OB, parent  of United Airlines, on Tuesday reported a net loss of $114  million, including $14 million in reorganization expenses.
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CHICAGO â The UAL Corporation, the parent of United Airlines, reported a quarterly loss on Tuesday, caused by fuel costs and economic weakness in the industry.
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Bankrupt UAL Corp. , parent of United Airlines, on Tuesday reported a net loss of &#36;114 million, including &#36;14 million in reorganization expenses.
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Shares of United Parcel Service Inc. moved higher in trading Wednesday, while DHL Express appears not to be garnering the US market share it originally expected.