UPS to Release 4th Quarter Results on Tuesday, Feb. 3, 2015

UPS will announce its 2014 fourth quarter results on Tuesday, Feb. 3, 2015, at approximately 7:45 a.m. Eastern Time.

At 8:30 a.m. ET, UPS Chief Executive Officer David Abney and Chief Financial Officer Kurt Kuehn will lead an investor conference call. This call will be open to reporters and the public on a listen-only basis, via a live Webcast.


To listen to the live Webcast, go to www.investors.ups.com and click on Earnings Webcast. The Webcast audio will remain accessible on the Investor Relations Website for a limited time following the call.

YRC Seeks to Outsource Unprofitable Runs

YRC Freight is looking to increase its use of purchased transportation to increase its profitability, according to a leaked internal memo.

A Dec. 18, 2014, memo obtained by the Kansas City Business Journal, details a change-of-operations request to the International Brotherhood of Teamsters that would allow the company to increase its use of interline carriers — third-party transportation providers — in areas currently served by YRC Worldwide Inc. employees.

The Overland Park-based less-than-truckload carrier (Nasdaq: YRCW) said these changes must be made to ensure its shipment operations are profitable. No YRC employees will be laid off as a direct result of the change of operations. The company is seeking to implement the change on March 15 or later.

Full story here: http://www.bizjournals.com/kansascity/news/2015/01/26/leaked-memo-yrc-could-use-purchased-transportation.html?page=all