UPS
UPS Holiday Season Hiring Will Top 100,000 Amid E-Commerce Boom
UPS plans to hire more than 100,000 seasonal works to weather the holiday season. (Ken James/Bloomberg News)
UPS Inc. said it will hire more than 100,000 seasonal workers to help handle an expected avalanche of holiday packages from online orders this year as shoppers avoid stores during the coronavirus pandemic.
September 9, 2020UPS, FedEx Out to Prove They Can Profit in Holiday Season
A UPS delivery driver wears a protective mask while driving a truck in Louisville, Ky. (Luke Sharrett/Bloomberg News)
UPS Inc. and FedEx Corp., riding high from record package deliveries amid the coronavirus pandemic, are moving on to their next objective: showing investors they can boost profit in the approaching onslaught of the holidays.
August 20, 2020Xos Trucks Secures $20 Million in New Funding Round
Xos Trucks co-founder and CEO Dakota Semler (left) and co-founder and chief operating officer Giordano Sordoni. (Xos Trucks Inc.)
Fledgling electric vehicle developer Xos Trucks Inc. completed a new round of financing, raising $20 million from a group of investors.
August 18, 2020FedEx Joins UPS, USPS in Adding Fees as Holiday Delivery Surge Looms
A worker unloads packages from a FedEx delivery truck in New York. The company joins UPS and USPS in adding a delivery surcharge ahead of the holiday season. (Michael Nagle/Bloomberg News)
FedEx Corp. is joining a rush to apply extra holiday fees on high-volume shippers as couriers brace for a new jump in residential deliveries during the year-end peak season.
August 18, 2020UPS to Levy Holiday Surcharges as Home Deliveries Climb
(Ken James/Bloomberg News)
United Parcel Service Inc. will apply hefty surcharges on its biggest customers during the holiday peak season to help manage an avalanche of residential deliveries spurred by the coronavirus pandemic.
August 7, 2020UPS Readies Freezer Farms to Store Virus Vaccine When Approved
Cargo jets sit parked at the UPS Worldport in Louisville, Ky., on July 30. The company is building two giant freezer farms to cool potential COVID-19 vaccines. (Luke Sharrett/Bloomberg News)
UPS Inc. is building two giant freezer farms capable of super-cooling millions of vials of a COVID-19 vaccine, preparing for the day when it will need to deliver the medicine at high speed across the globe.
August 3, 2020UPS Leaders Share Practices to Mobilize Against Human Trafficking
Truckers Against Trafficking Executive Director Kendis Paris said the group's efforts are working. She said 1,230 victims have been identified through Truckers Against Trafficking. (U.S. Department of Transportation)
Companies’ efforts to combat human trafficking should be rooted in education and the support of leadership teams, according to executives from UPS Inc.
July 31, 2020UPS Reports Strong Q2 Earnings as Deliveries Surge
A UPS logo is displayed on the tail of a cargo jet at the company's Worldport facility in Louisville, Ky. (Luke Sharrett/Bloomberg News)
UPS Inc. reported strong results in the second quarter, as a surge in deliveries to homes and businesses has helped lift the company through the COVID-19 pandemic.
July 30, 2020ATA Lauds Trump’s Environmental Permitting Reforms
“By streamlining infrastructure approvals, we’ll further expand America’s unprecedented economic boom,” Trump said at UPS' airport hub in Atlanta. (Evan Vucci/Associated Press)
President Donald Trump’s push to advance infrastructure projects through environmental permitting changes earned broad support across the freight industry.
July 15, 2020GM to Build All-Electric Work Van; Production Set for Late 2021
A sign outside GM's Detroit-Hamtramck plant. (Anthony Lanzilote/Bloomberg News)
General Motors Co. will build another all-electric vehicle at its Detroit-Hamtramck plant as it sticks to its goal for an all-electric future.
June 4, 2020