UPS Net Income Rises to $1.27 Billion in Second Quarter
UPS Inc. boosted second-quarter net income by 3.2% to $1.27 billion, or $1.43 per share, led by higher domestic and international profitability.
July 29, 2016UPS Considering $106 Million Expansion of Kentucky Ground Hub
UPS Inc. is considering a $106 million expansion of its ground hub in Lexington, according to state government officials.
UPS Tests Saturday Delivery in Response to Web Shoppers’ Clout
UPS Inc. may join its rivals in offering Saturday delivery for standard ground packages as the company adapts to surging online shopping and an increasing reliance on home-based customers.
UPS Expanding Package-Pickup Locker Program
UPS is adding 300 self-service package-pickup lockers across the country to solve a problem annoying both UPS and its customers: missed deliveries.
UPS Reaches Tentative Five-Year Deal With Pilots Union
UPS Inc. reached a tentative agreement with the pilots union on a five-year labor contract after protracted negotiations over the last several years. Details of the agreement will not be released until it is presented to the UPS pilots.
June 30, 2016UPS Cautious on Brexit Vote
UPS Inc., with its large international business, was cautious in its reaction to England’s decision to leave the European Union on June 24.
California UPS Driver Rescues Puppy Dropped in Street, Police Say
UPS driver Jason Harcrow, 39, was on the job about 3 p.m. June 14 when he saw an old blue farm truck speeding off, leaving a small dog in a cloud of dust.
UPS to Expand Columbus Facility With $176.5 Million Upgrade
UPS Inc., the world's biggest package-delivery company, plans to spend $176.5 million to overhaul its Columbus package and sorting operations to keep up with growing demand being spurred by e-commerce.
UPS Updates 125 Hybrid Electric Trucks to Extend Range
LONG BEACH, Calif. — UPS Inc. said that 125 of its hybrid electric delivery trucks have been updated with a new engine that extends their delivery range while improving fuel economy.
May 3, 2016UPS Posts First Quarter Net Income Gain, Could Face $3.8 Billion Pension Charge
Parcel and logistics company UPS Inc. posted first-quarter increases in revenue and net income despite mixed economic conditions, nationally and internationally, and warned it might have to take a charge against future earnings of as much as $3.8 billion related to a pension issue.