UPS) today announced that second quarter diluted earnings per share are expected to be $1.13. Overcapacity in the global air freight market, increasing customer preference for lower-yielding shipping solutions, and a slowing U.S. industrial economy drove revenue and operating profit below expectations. In addition, UPS experienced some slowing in package volume growth as a result […]
Courtesy of The New York Times by Diane Cardwell and Clifford Krauss: In Ontario, Calif., a United Parcel Service truck equipped to use natural gas. U.P.S. plans to announce it will expand its natural gas truck fleet to 800 by the end of 2014. Now the trucking industry, with its millions of 18-wheelers moving products […]
Mack Trucks has introduced a 12-liter natural gas-powered MACK® Pinnacle™ Axle Back model, offering a liquefied natural gas (LNG) solution for on-highway applications, and built for UPS (NYSE: UPS. The addition of the natural gas-powered Pinnacle expands Mack’s natural gas line-up to the highway segment. Mack already offers natural gas-p owered MACK® TerraPro™ Low Entry and […]
