UPS

By Jeff Berman · October 30, 2015
Included in these changes are tripling the size of the facility and nearly doubling its package processing rates. And it added that this project, which is expected to cost around $300 million, is projected to be “substantially completed” by 2018. UPS also plans to add more than full- and part-time 300 jobs at this location, with recruitment kicking off in 2017.
By Jeff Berman · October 27, 2015
UPS reported today that third quarter revenue was down 0.4 percent annually at $14.2 billion, due to currency exchange rates and lower fuel surcharges. But earnings per share at $1.39 was up 5.3 percent, ahead of Wall Street estimates of $1.37.
By Jeff Berman · October 23, 2015
By a whopping 2,252-to-8 margin, UPS pilots voted to authorize a strike against their employer, UPS, the Independent Pilots Association (IPA), the trade union representing UPS pilots, said today.
By Jeff Berman · October 22, 2015
Earlier this week, FedEx union pilots represented by the Air Line Pilots Association (ALPA) signed a new contract with FedEx management, which takes effect in November and becomes amendable in 2021. As for its chief competitor, UPS, though, things are not as harmonious, with the Independent Pilots Association (IPA), the trade union representing UPS pilots recently saying leadership called on its 2,528 members to authorize a pilot strike against UPS.
By Jeff Berman · October 20, 2015
ALPA said that the new contract takes effect in November and becomes amendable in 2021. And it added that the new contract is comprised of across-the-board increases for hourly pay rates and new-hire compensation, a significant signing bonus, retirement plan enhancements, and work-rule improvements, among other positive modifications.
By Jeff Berman · October 16, 2015
UPS announced yesterday that it has rolled out its 2016 rate increases for various service offerings.
By Patrick Burnson · October 13, 2015
Logistics managers have always been under pressure to strike the right distance between specialized intermediaries and the markets they want to serve. That challenge is becoming increasingly complex, however, as mega-brokerage enterprises capture more share.
By Jeff Berman · October 12, 2015
UPS today announced it has made a significant expansion to its UPS Worldwide Express service by adding more than 41,000 global postal codes, which it said will result in earlier guaranteed-delivery options for shippers that only previously had end-of-day guarantees.
By Jeff Berman · September 18, 2015
Earlier this month, UPS announced it made further inroads in its program to deploy electric-powered vehicles with increased range and performance with the purchase of 125 new technology hybrid delivery trucks.
By Jeff Berman · September 9, 2015
Earlier today, the Independent Pilots Association (IPA), a trade union representing pilots at UPS, said its leadership has called on its 2,528 members to authorize a pilot strike against UPS. It said that if this gets membership approval, the IPA’s five-member executive board would be able to request a release from federally-mediated negotiations with UPS
By Jeff Berman · August 19, 2015
UPS said this week it has officially completed the closing of its $1.8 billion acquisition of Coyote Logistics. The deal was made official on July 31.
By Jeff Berman · July 31, 2015
Rumors of transportation and logistics titan UPS acquiring Chicago-based transportation management services provider Coyote Logistics for $1.8 billion have become a reality, with UPS announcing today that the deal is now official.
By Jeff Berman · July 29, 2015
UPS Access Point locations serve as a replacement delivery address when consumers are not at home to receive a package or when consumers want a delivery to go somewhere other than their residence.
By Jeff Berman · July 28, 2015
Citing currency exchange rates and lower fuel surcharges, second quarter revenue for transportation and logistics titan UPS dropped 1.2 percent to $14.1 billion, the Atlanta-based company reported today. Even though revenue was slightly down, earnings per share saw a 12 percent annual gain at $1.35, which was above Wall Street estimates of $1.27.
By Jeff Berman · July 17, 2015
This service, which functions as an express freight service geared towards urgent, time-sensitive, and high-value international shipments, was initially launched by Big Brown in January 2013.

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