Earnings Watch: Old Dominion, UPS Show First Quarter Improvements Less-than-truckload carrier Old Dominion Freight Line Inc. reported better profit and revenue in the first quarter of the year ...

The Securities and Exchange Commission said UPS didn’t properly record goodwill impairment related to its freight business, which was sold in 2021, because it had overvalued the unit.

The Securities and Exchange Commission (SEC) recently announced that United Parcel Service Inc. (UPS) has agreed to pay a $45 million penalty ...

United Parcel Service Inc. will pay $45 million to settle charges that it improperly valued its freight division, the ...

The company overvalued its freight unit, one of its ‘worst-performing’ business segments, prior to the unit’s sale in 2021 ...

I found 507 firms with goodwill and intangible assets more than $1 billion on their balance sheets and market to book ratios ...

UPS has reached a $45 million settlement with the Securities and Exchange Commission over claims made by the agency that the ...

The company failed to follow generally accepted accounting principles when it evaluated its less-than-truckload operations in 2019 and 2020, the SEC said Friday in a statement. “Had UPS properly ...

Looking back on air freight and logistics stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including ...