United Parcel Service (UPS), the world's biggest courier company, slashed its earnings forecast for the year as it spends to boost capacity ahead of the holiday shopping season.
The company also reported a bigger-than-expected
US-based Tripp Lite, a leading manufacturer of power protection equipment, has launched its latest uninterruptible power supply (UPS) systems to respond to concerns affecting data centres across the GCC.
Managing the massive influ
United Parcel Service said it would drop its 5.2 billion euro ($7 billion) bid for Dutch delivery firm TNT Express on the expectation of an EU veto, a sharp blow that halved the value of TNT's shares within minutes.
UPS has announced enhancements to several technology tools for UAE customers that streamline the process of creating shipments online and improve their ability to track multiple shipments at once.
“Our unmatched global network is
United Parcel Service (UPS), the world's largest package delivery company, is in talks with TNT Express after its Dutch rival rejected a 4.9 billion-euro ($6.45 billion) cash bid, the companies said.
UPS had made an offer of nine euros per
UPS, a global logistics leader, has appointed Jim Barber, a 26-year UPS veteran, its new president of the UPS Europe region with responsibility for Europe, the Middle East and Africa (EMEA).
Barber, 51, most recently served as the chief op
Facing demands to reduce costs and ramp up innovation in the face of increased competition, healthcare executives are making investment plans and looking to protect their intellectual property and market share, said a report.
A focus on in
Britain has restricted the number of sites at which United Parcel Service can screen air cargo at some airports until the courier company improves its security procedures, the government said.
The transport ministry said the restrictions
APC by Schneider Electric, a global leader in integrated critical power and cooling services, has launched its MGE Galaxy 300 UPS system.
The Galaxy 300 provides a simplified and reliable solution for protecting small and medium businesses
United Parcel Service (UPS), a global leader in logistics, has launched direct flights from Hong Kong to Europe, to enable the widest next-day delivery coverage for both packages and heavy freight.
With the addition of four direct flights,