UPS to Freeze Pension Plans for Nonunion Employees
UPS Inc. will freeze its pension program for 70,000 nonunion employees in five years and replace it with 401(k) accounts, the nation’s largest package delivery company announced June 27. UPS, which said the move is a reaction to rising pension deficit, joins other large corporations that have phased out traditional retirement plans.
Online Sales Surge Benefits Truck Freight, Experts Say
While it’s no secret that more and more people are shopping online, less obvious is understanding consumers’ buying habits and patterns — which has great relevance for the trucking industry.
UPS to Charge More During Black Friday, Christmas Delivery Surge
UPS Inc. will place its first holiday-season surcharges on U.S. packages, as the world’s largest package-delivery company seeks to defray a surge in year-end costs.
Community Shows Outpouring of Support for Three Slain UPS Drivers
San Francisco showed an outpouring of support for the three UPS drivers killed June 14 by a fellow driver.
June 16, 2017UPS Plans $260 Million Central Indiana Hub
UPS Inc. is planning a massive expansion in Plainfield, Ind., to keep pace with surging growth in e-commerce.
Texas FedEx Hub Lands Near UPS' Planned Distribution Center
A second major shipping hub has landed along Interstate 20 in Arlington, Texas.
UPS Opens Facility in Poland as Part of $2 Billion Europe Expansion
UPS Inc. has announced the opening of a new package facility in Myslowice, Poland. The larger center and increased sorting capacity will allow the service to help businesses of all sizes in southern Poland reach customers in the rest of the country, Europe and beyond, according to a UPS release.
June 1, 2017UPS Forges China Joint Venture to Tap Country's E-Commerce Boom
UPS Inc. is setting up a joint venture in China to haul more U.S.-bound goods and capitalize on booming e-commerce in the world’s most populous nation.
UPS Must Pay $247 Million to N.Y. Over Untaxed Cigarettes
UPS Inc. must pay $247 million to the state and city of New York for what a judge called the company’s egregious and prolonged failure to stop shipments of untaxed cigarettes from American Indian reservations that undermined anti-smoking efforts.
UPS Expands Express Critical Services in Europe
UPS Inc. is launching its Express Critical delivery service in Europe in response to demand for urgent shipments that require special handling, such as aircraft parts or surgical tools.
May 16, 2017