UPS Airline Mechanics Heat Up Talks With Strike Authorization
Airline maintenance technicians and other employees who service UPS Inc. aircraft have voted to authorize a strike after three years of contract talks. The vote does not indicate a strike is imminent but is meant to increase pressure in negotiations. Teamsters Local 2727 made the announcement Nov. 14 in a move that has little practical effect for the holiday season.
UPS to Spend $196 Million on Florida Facility
UPS Inc. announced plans Nov. 11 to invest $196 million in its ground package hub in Jacksonville, Florida. The expansion will add more than 260,000 square feet to UPS’ 560,000-square-foot building along with advanced technology and operations automation.
UPS to Build New Atlanta Hub, Creating 1,250 Jobs by End of 2018
UPS Inc. announced plans on Nov. 10 to spend more than $400 million to build a 1.2-million-square-foot regional package sorting hub in Atlanta that also will create 1,250 new jobs.
UPS Buys Marken to Boost Health Care Services
UPS Inc. reached an agreement to purchase Marken, a supply chain logistics provider to the health care and biosciences industries, the company announced on Nov. 7.
November 7, 2016N.Y. Authorities Seek $872 Million Fine Against UPS for Cigarette Shipments
New York city and state authorities urged a federal judge on Nov. 2 to impose a fine of $872 million against UPS Inc. for allegedly delivering untaxed cigarettes from smoke shops on Indian reservations.
UPS Expects 14% Rise in Holiday Shipments
UPS Inc. announced that it is preparing to deliver a record 700 million packages over the holidays, up 14% from last year as consumers continue to shift toward online shopping.
UPS Profits Edge Up in Third Quarter, Aided by International Results
UPS Inc. said stronger international business helped boost third-quarter net income by 1% to $1.27 billion, or $1.44 per share.
UPS Profits Rise 1% to $1.27 Billion in Third Quarter
UPS Inc. boosted third-quarter net income by 1% to $1.27 billion, or $1.44 per share, helped by stronger profits in international business.
October 27, 2016UPS CEO Sees Greater Commitment From Obama Administration on TPP Deal
The top executive at UPS Inc. said Oct. 27 he is seeing a greater commitment from the Obama administration on completing the Trans Pacific Partnership deal despite negative election campaign rhetoric about free trade agreements.
UPS Ordering 14 Boeing 747-8 Airplanes in $5.3 Billion Deal
UPS Inc. is ordering 14 Boeing Co. 747-8 airplanes and holds options for another 14 of the air freighters, tossing a lifeline to the venerable jumbo jet.