UPS Inc
Business, Logistics

UPS to Open Distribution Center in Colorado by Christmas

UPS distribution center CNBC via YouTube

UPS Inc. signed a 10-year lease to open its first distribution center in Aurora, Colo., a 360,000-square-foot building due to open before Christmas.

Transport Topics
November 6, 2017
Business, Logistics

UPS Revenues Rise, but Profits Flat in Third Quarter

UPS logo Andrew Harrer/Bloomberg News

UPS Inc. profits essentially were flat year-over-year in the third quarter, ticking down about 0.5% or $6 million as the parcel giant also announced a 4.9% rate increase effective Dec. 24 to match other less-than-truckload carriers.

Ari Ashe | Staff Reporter
October 26, 2017
Government, Business, Technology, Equipment, Safety

FMCSA Grants UPS Several ELD Exemptions

PeopleNet ELD MCS Freight via YouTube

The Federal Motor Carrier Safety Administration will grant UPS Inc. temporary exemption from parts of the upcoming electronic logging device mandate, according to a document scheduled for publication in the Federal Register on Oct. 20.

Eleanor Lamb | Staff Reporter
October 19, 2017
Business

UPS Global 2Q Revenue Rises 7.7%; Net Income Jumps 9.1%

UPS Worldport sorting John Sommers II for Transport Topics

UPS Inc. generated 7.7% more global revenue during the second quarter and improved net income by 9.1% year-over-year based on “balanced performance across all segments."

Jonathan S. Reiskin | Associate News Editor
July 27, 2017
Business

Pregnant-Worker Rights Backed by Supreme Court in UPS Case

Andrew Harrer/Bloomberg

The U.S. Supreme Court backed the rights of pregnant workers, reviving a lawsuit by a former UPS Inc. driver who had to leave her job after her doctor recommended she not lift heavy items.

Greg Stohr | Bloomberg News
March 25, 2015
Business

UPS Names David Abney CEO, Effective Sept. 1

Davis, Abney Courtesy of UPS

UPS Inc. named David Abney its new CEO, effective Sept. 1, succeeding Scott Davis, 62, who has been the company’s chairman and CEO since 2008.

Transport Topics
June 6, 2014
Business

Severe Winter Cuts UPS Earnings; Package Unit Hurt Most by Storms

UPS Inc. last week said its first-quarter net income fell 12%, as higher costs triggered by bad winter weather cut companywide profitability by $200 million.

April 28, 2014
Business

UPS Reports Lower 1Q, Citing Bad Weather, Higher Expenses

Tim Boyle/Bloomberg News

UPS Inc. reported lower first-quarter income from a year ago, citing severe weather and higher expenses.

Transport Topics
April 24, 2014
Business

Louisville Teamsters Reject Side Deal to UPS Pact

Teamsters at UPS Inc.’s Louisville air hub rejected a side agreement proposal by a wide margin as roadblocks still remain to full implementation of the nation’s largest transport labor contract.

Rip Watson | Senior Reporter
April 11, 2014
Business

UPS Opens Sorting Facility at Mexican Border

US Department of Labor/Flickr

UPS Inc. said it has opened a new package sorting and delivery facility in Laredo, Texas, on the border with Mexico, to double the site’s previous capacity.

Transport Topics
March 19, 2014

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