ups

UPS Inc. (NYSE: UPS)  beat analysts' bottom-line expectations in the third quarter, though revenue came in a little light compared to what analysts had forecast. But the big news was made in the executive suite, where Jim Barber, the company's chief operating officer (COO) and considered by many...

UPS Inc. (NYSE: UPS) said late on October 21 that it expanded its commercial drone operations to include deliveries for large healthcare providers, created an Internet-of-Things platform for time-critical healthcare shipments and broadened its e-commerce ties with digital shipping companies such as...

In a complex parcel shipping world, simple is good. Hence the concept of a shipper cramming 50 or 70 pounds of stuff into a box and paying one rate no matter its contents, its origin or its destination. So it was in 2004 when the U.S. Postal Service (USPS), 13 years after launching flat-rate...

The $38 billion a year U.S. self-storage industry has a new player – UPS Inc. (NYSE: UPS). The transport and logistics giant unveiled on October 14 a service called "Storage on Demand," in which it will provide pick-ups and deliveries of stored goods without the customer being required to drop off...

UPS Inc (NYSE: UPS) is announcing a new collaboration with Shippo – a leading shipping and logistics app for small- to mid-sized retailers. Shippo's 35,000 businesses can now easily create an account with UPS and those customers can receive its discounted daily shipping rates of up to 55%.  "We...

Following its decision to purchase 230 million gallon equivalents of renewable natural gas (RNG) to use between 2020 and 2026, UPS Inc (NYSE: UPS) is acquiring vehicles to use the fuel. Big Brown announced on Oct. 9, 2019, that it deploy 6,000 natural-gas powered trucks starting next year as part...

For crafters who frequent Michaels Companies Inc (NASDAQ: MIK), North America's largest craft retailer, UPS Inc (NYSE: UPS) has made 1,100 Michaels stores nationwide into UPS Access Points. This means that customers can ship or drop off packages while they shop for yarn or Halloween decor.  "...

UPS Inc. (NYSE: UPS) said Thursday afternoon it is investing $220 million in a huge hangar at it's Worldport sort center in Louisville, Kentucky, to support regular maintenance of its air fleet, which the company is expanding to meet rapid increases in demand for next-day e-commerce, healthcare and...

UPS Inc (NYSE: UPS) plans to take full advantage of a sweeping new certification issued by federal regulators making it the first company with the ability to run drone services with no limit on size or scope of operations. The Federal Aviation Administration (FAA) today (Oct. 1) announced that it...

UPS (NYSE: UPS) purchased 170 million gallon equivalents of renewable natural gas (RNG) to use between 2020 and 2026. Since 2014, UPS ground fleets consumed 28 million gallons of RNG. In order to consume what was purchased, it must annually use close to the total consumed gallons of RNG from the...

Announced on Wednesday, the UPS Inc. (NYSE: UPS) driver uniform is getting a makeover for the first time since the 1920's. UPS currently has 125,000 drivers.  UPS drivers around the world have worn the recognizable brown "shirt jack" with pants for nearly 100 years. For relief in warmer climates,...

UPS Inc (NYSE: UPS) has agreed to a $2.25 million settlement to resolve a dispute alleging that the company discriminated against pregnant parcel workers. The agreement reached with the U.S. Equal Employment Opportunity Commission (EEOC) will provide payment to UPS workers who weren't properly...

UPS Inc (NYSE: UPS) has agreed to pay $8.4 million to resolve a civil dispute with the U.S. Government over allegations the company overcharged federal agencies for ground package deliveries. The U.S. Department of Justice (DOJ) claimed that between 2007 to 2014, UPS failed to provide the General...

UPS Inc. (NYSE: UPS) said Sept. 9 that it plans to hire approximately 100,000 full- and part-time seasonal employees to manage the expected surge in daily parcel volumes during the upcoming peak delivery season. In addition, UPS said it will expand access to its tuition reimbursement program for...

UPS Inc. (NYSE: UPS) announced on September 5 that it will incorporate foreign trade zone (FTZ) capabilities into a large portion of its operations, and has designated four U.S. gateway airports as FTZs. The integration of the FTZ program into UPS' transport, warehousing, customs brokerage and...