UPS

Business, Logistics, Top 50, Top 100

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. 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.

Thomas Black | Bloomberg News
September 9, 2020
Business, Logistics

UPS, FedEx Out to Prove They Can Profit in Holiday Season

A UPS delivery driver in Louisville, Ky. 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.

Thomas Black | Bloomberg News
August 20, 2020
Business, Technology, Equipment, Fuel

Xos Trucks Secures $20 Million in New Funding Round

Dakota Semler and Giordano Sordoni 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.

Jerry Hirsch | Contributing Writer
August 18, 2020
Business, Logistics, Top 50, Top 100

FedEx Joins UPS, USPS in Adding Fees as Holiday Delivery Surge Looms

FedEx said on Aug. 18 it would add a surcharge ahead of the holiday season. 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.

Thomas Black | Bloomberg News
August 18, 2020
Business, Logistics

UPS to Levy Holiday Surcharges as Home Deliveries Climb

UPS delivery trucks. (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.

Thomas Black | Bloomberg News
August 7, 2020
Government, Business, Safety, Logistics

UPS Readies Freezer Farms to Store Virus Vaccine When Approved

Cargo jets sit parked at the UPS Worldport in Louisville, Ky., on July 30. 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.

Catherine Leffert | Bloomberg News
August 3, 2020
Government, Business, Safety

UPS Leaders Share Practices to Mobilize Against Human Trafficking

Crowd of people 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.

Eleanor Lamb | Staff Reporter
July 31, 2020
Business, Logistics, Top 50, Top 100

UPS 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. 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.

Dan Ronan | Associate News Editor
July 30, 2020
Government, Business, Top 100

ATA Lauds Trump’s Environmental Permitting Reforms

President Trump speaks at UPS' airport hub in Atlanta “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.

Eugene Mulero | Senior Reporter
July 15, 2020
Business, Technology, Fuel, TCA

GM to Build All-Electric Work Van; Production Set for Late 2021

A sign outside GM's Detroit-Hamtramck plant. 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.

Jamie L. LaReau | Detroit Free Press
June 4, 2020

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