UPS Adds Saturday Deliveries to Meet Online Shopping Demand
UPS Inc. will add Saturday ground deliveries, making one of the biggest shipping-time changes in its 109-year history in response to rising demand from online shoppers.
April 3, 2017UPS Seeks Tax Incentives for Texas Shipping Hub
UPS Inc. is seeking tax incentives to create a regional shipping hub with up to 1,400 jobs in an industrial warehouse district in southeast Arlington, Texas.
March 27, 2017UPS Chief’s Pay Rose More Than 20% to $13.7 Million Last Year
UPS Inc. CEO David Abney’s pay increased more than 20% last year even as the package deliverer struggled with weakening profits from dropping off online orders at homes.
March 17, 2017His Way on The Highway: 35-Year Floridian UPS Veteran Driver Has Seen It All
Bill Thompson, today a Royal Palm Beach, Florida, resident, was hired almost 35 years ago by UPS Inc. to drive one of the company’s ubiquitous brown package delivery trucks. Since then, he estimates he’s driven more than 2 million miles.
March 3, 2017UPS Tries Arming Its Brown-Clad Drivers With an Octocopter Drone
UPS Inc. sees a day when your latest purchase may be dropped off not by a brown-clad delivery driver, but by an octocopter drone.
February 21, 2017Elite UPS Safe Driver Group Grows to 9,349
UPS Inc. has announced the induction of 1,575 drivers into its “Circle of Honor,” raising to 9,349 the number of drivers who have gone 25 years or more without an avoidable accident — accounting for nearly 10% of the UPS driver workforce.
February 21, 2017UPS Escalates Reliance on Solar Energy
UPS Inc. announced a significant escalation of its investment in solar energy as an owner/operator of solar assets starting with at least eight of its facilities in the United States.
February 10, 2017UPS Takes $239 Million Loss in 4Q Because of Charge on Pension Assets
UPS Inc. lost $239 million, or 27 cents a share, in the fourth quarter due to a one-time “mark to market” charge on pension assets worth $1.67 billion after taxes from what was an otherwise profitable period. For the last three months of 2015, the after-tax charge was $79 million.
February 6, 2017UPS Posts 27-Cent Quarterly Loss on Pension Adjustment
UPS Inc. lost $239 million, or 27 cents a share, in the fourth quarter due to a one-time “mark to market” charge on pension assets, decreasing net income by $1.67 billion from what was an otherwise profitable period. For the same issue at the end of 2015, the charge decreased profitability by $79 million.
January 31, 2017UPS Acquires U.K.-Based Freightex
UPS Inc. acquired Freightex, a United Kingdom-based asset-light logistics services provider that will provide a “new global and regional growth platform” from an established base of customers and carriers, it said.
January 9, 2017