United Parcel Service (UPS) reported net income of $4.34 billion for 2013 on an adjusted basis excluding special items, down 1.2% from an adjusted net profit of $4.4 billion in 2012, a drop in profitability blamed on the company’s Christmas period difficulties. In addition, the US National Transportation Safety Board (NTSB) has scheduled an investigative hearing for Feb. 20 on the fatal crash of a UPS Airbus A300-600 freighter on approach to Birmingham, Ala., Airport on Aug. 14, ...

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