UPS Freight

By Jeff Berman · January 30, 2014
Fourth quarter revenue for transportation and parcel bellwether UPS headed up 2.8 percent annually to $14.9 billion, the Atlanta-based company reported today. Adjusted operating profit at $1.9 billion was down 7.3 percent, and earnings per share at $1.25 was off $0.7 from a year ago and missed Wall Street estimates of $1.43 per share.
By John D. Schulz · January 13, 2014
UPS Freight, the nation’s fourth-largest LTL carrier, has secured five years of labor pace with ratification of a new five-year labor agreement by its 13,000 Teamsters.
By John D. Schulz · January 7, 2014
UPS Freight, the nation’s fourth-largest LTL carrier, is close to securing a new five-year labor agreement with its 13,000 Teamsters in a deal that the union says will make those workers the highest-paid in the LTL sector.
By Jeff Berman · August 14, 2013
In a continued effort to improve service and maintain an efficient network through the Midwest, UPS Freight, the less-than-truckload (LTL) subsidiary of transportation and logistics bellwether UPS, opened up a second facility in Indianapolis, Ind. on Monday.
By John D. Schulz · July 18, 2013
The company was dealt an historic rebuke when the largest union contract in North America covering 235,000 full- and part-time Teamsters at UPS’s parcel division rejected 18 side agreements known as supplemental agreements. The master parcel contract was passed by a narrow 53-47 margin.
By Jeff Berman · July 1, 2013
The UPS Freight boss touched upon a wide range of topics, including the dynamics of customer relationships, the freight market, and in industry regulations, among others.
By LM Staff · June 26, 2013
While Teamsters at UPS Freight, the less-than-truckload subsidiary of UPS, recently rejected a proposed labor contract, UPS said today that its employees represented by the Teamsters have voted to approve a new National Master contract, which covers roughly 235,000 full- and part-time employees in the United States.
By John Schulz · June 25, 2013
Following news of a tentative agreement between the International Brotherhood of Teamsters and transportation and parcel bellwether UPS roughly two months ago, it now appears that the deal is off.
By Jeff Berman · June 3, 2013
Mid-year less-than-truckload rate hikes—in the form of GRIs (general rate increases) for non-contractual freight—are back. UPS Freight, the LTL subsidiary of transportation and logistics bellwether UPS, and ABF Freight System, the LTL subsidiary of Arkansas Best Corp. each recently announced rate hikes.
By John Schulz · 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.

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