UPS deftly navigates shipping surge, hit by pension charge
By DAVID KOENIG, AP Business Writer Shares of United Parcel Service Inc. slumped Thursday after the package-delivery company gave a cautious outlook for 2020 as it invests more in its network to speed up deliveries. UPS reported a fourth-quarter loss of $106 million, but after stripping out a charge related to pensions, the adjusted profit matched Wall Street expectations. However, the Atlanta-based