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Profits take a beating

Profits take a beating

UPS profits falls 49%

   UPS reported Thursday second quarter profit of $445 million, 49 percent less than it earned in the same 2008 period.



Deutsche Post DHL reports 71% drop in profit

   Deutsche Post DHL said it had second quarter net income after subtracting minority interests of 66 million euros ($93.7 million), 71 percent less than in the same 2008 period.



UP reports 12% profit dip

   Union Pacific Railroad said it had net profit of $468 million in the second quarter, 12 percent lower than the same 2008 period.



Hub: Earnings off 45%, but still “respectable”

   Hub Group Inc. said it had second quarter net profit of $8.3 million, 45 percent less than the $14.97 million earned in the same 2008 period.