Filed in UPS

Thursday, June 13, 2013

The amount of data in our world has been exploding, and analyzing large data sets—so-called big data—will become a key basis of competition, underpinning new waves of productivity growth, innovation, and consumer surplus, according to research by The McKinsey Global Institute (MGI) and McKinsey’s Business Technology Office.

Wednesday, May 08, 2013

While UPS and the Teamsters Union came to a tentative agreement on two, new five-year contracts for UPS’s small package and freight (less-than-truckload) business units last week, one of its key delivery services, UPS SurePost, may be subject to some changes if the deal is formally ratified.

Monday, April 29, 2013

On top of announcements heralding its first quarter earnings and its brokered deal with union membership last week, transportation and parcel bellwether UPS made inroads on other fronts, too, including its planned acquisition of CEMELOG, Zrt., a pharmaceutical logistics company based in Hungary, and rolling out its plan to purchase roughly 700 liquefied natural gas (LNG) vehicles and build four refueling stations by the end of next year.

Friday, April 26, 2013

UPS said yesterday that it has reached a tentative agreement with the Teamsters on two, new five-year contracts for UPS’s small package and freight business units.

Thursday, April 25, 2013

UPS reported today that first quarter revenue rose 2.2 percent year-over-year to $13.43 billion, with operating profit up 0.7 percent at $1.58 billion. Quarterly earnings per share—at $1.04—saw a 7.4 percent gain and beat Wall Street analysts expectations of $1.01 per share.

Monday, March 25, 2013

UPS and the Teamsters union are “far apart” during their ongoing contract talks that began with optimism last year that an agreement could be reached before the current five-year deal expires July 31.

Thursday, March 21, 2013

UPS has officially acquired the 49 percent interest of Vietnam-based VN Express in the joint delivery venture between the companies, whom initially first partnered in 1994, with VN Express serving at UPS’s authorized agent in Vietnam, prior to establishing a joint stock company in 2010.

Thursday, March 14, 2013

Join Group Editorial Director Michael Levans, Group News Editor Jeff Berman, and a panel of transportation insiders as they put the top stories of Q1 2013 into context for logistics and transportation professionals—and help shippers understand what to expect in 2013.

Thursday, February 28, 2013

This service, said UPS, provides shippers with time-in-transit improvements that leverage its existing North American freight network.

Tuesday, February 12, 2013

Company officials said this expansion was made to address market trends related to increased manufacturing and consumer demand in many regions, with these lanes originating in Asia, Europe, the Middle East, Africa, and South Africa. With this expansion, UPS has more than 1,700 direct LCL lanes serving 116 countries.