UPS First-Quarter Results Improve, But Company Might Face $3.5 Billion Pension Charge
Parcel and logistics company UPS Inc. posted first-quarter increases in revenue and net income despite the mixed economic situation — nationally and internationally — and also acknowledged it might have to take a charge against earnings of about $3.5 billion related to a pension issue.
April 28, 2016UPS Asks European Court to Reverse Ruling That Blocked Its Acquisition of TNT Express
UPS Inc. signaled its continued interest in Hoofddorp, Netherlands- based package and freight carrier TNT Express — currently pledged to a merger with FedEx Corp. — by asking a European Union court to reverse a 2013 regulatory ruling that blocked UPS from acquiring TNT.
April 18, 2016Cindy Miller Named First Female President of UPS Global Freight Forwarding
Cindy Miller, who has spent nearly 30 years with UPS Inc., was recently named the first female president of UPS Global Freight Forwarding.
April 12, 2016UPS Court Filing Signals Continued Interest in TNT Express
UPS Inc. signaled its continued interest in Netherlands-based package and freight carrier TNT — currently pledged to a merger with FedEx Corp. — by asking a European Union court to reverse a 2013 regulatory ruling that blocked UPS from acquiring the Dutch company.
April 9, 2016UPS Adds Driver Training Facility in Texas
UPS Inc. announced plans to add a new driver training facility in Texas.
April 1, 2016UPS to Build Technology Center in New Jersey
UPS Inc. announced plans to build a technology center in New Jersey to consolidate its software development for domestic and global shipments.
March 29, 2016New Mexico UPS Driver Bids Farewell to Dogs on Route
When Robert Duplichan’s bosses at UPS Inc. tell him it's against company policy to feed the dogs on his delivery route, they know he only listens to be polite. Then he goes right on dispensing Milk Bones from his truck to any animal that needs one.
March 24, 2016UPS Expands, Renames Earliest Delivery Service to Next Day Air Early
UPS Inc. has expanded its earliest small-package delivery service and renamed the offering Next Day Air Early.
March 21, 2016UPS to Invest $100 Million More in CNG Vehicles, Fueling Stations
UPS Inc. will invest $100 million to expand its network of natural gas-powered freight transportation by building 12 more U.S. fueling stations and buying 380 more heavy-duty tractors that use the fuel, the company announced March 15.
March 15, 2016UPS Adds 23 Overseas Locations to Express Package Service
UPS Inc. has expanded its worldwide express package service to 23 additional countries and territories, creating an earlier guaranteed-delivery option for customers in locations that previously had only end-of-day guarantees.
March 10, 2016