1st Quarter results
UPS profits sink 55.7%
Less spending by consumers and businesses trying to conserve money during difficult economic times led to a 55.7 percent drop in first quarter profits at UPS, the integrated logistics and package delivery company announced Wednesday.
Con-Way records first quarter loss
Con-way Inc. reported a first quarter net loss to common shareholders of $154 million, compared to profit of $22.5 million in the same 2008 period.
UP sees 18% profit drop
Union Pacific Corp. said it had first quarter profit of $362 million, 18 percent less than the $443 million it earned in the same 2008 period.
1st Quarter results
