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$UPS said that in UPS Freight, LTL revenue per hundredweight improved 2.1% in 4Q15, with a drag of about 550 BPs from lower fuel surcharges. Tonnage fell about 12% in UPS Freight. The company also said its distribution unit achieved double-digit revenue growth from targeted industries, healthcare and aerospace, particularly in the US and in Europe.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.