UPS
At UPS, Brian Newman to Succeed Richard Peretz as CFO
Brian Newman, PepsiCo's executive vice president for finance and operations in Latin America, will become UPS' Chief Financial Officer on Sept. 16. (Andrew Harrer/Bloomberg News)
UPS Inc. said PepsiCo executive Brian Newman will replace Chief Financial Officer Richard Peretz.
August 12, 2019UPS Announces Strong 2Q Earnings
Tim Boyle/Bloomberg
United Parcel Service Inc. reported second-quarter earnings benefiting from rising demand for its Next Day Air and Ground delivery services.
July 24, 2019UPS Will Go to Seven-Day Ground Service in 2020
Tony Gutierrez/Associated Press
UPS Inc. is joining the seven-day-a-week delivery business, announcing July 23 that beginning Jan. 1, 2020, the Atlanta-based shipping giant will add Sunday nationwide ground service.
July 23, 2019UPS Seeks FMCSA Exemption From 2020 Driving Instructor Requirements
A UPS driver. (UPS Inc.)
UPS Inc. has requested an exemption from a federal regulatory requirement that its driver training instructors have two years’ minimum experience as trainers and have held a commercial driver license for at least two years, the Federal Motor Carrier Safety Administration announced June 19.
June 19, 2019Amazon’s Foray Into Last-Mile Delivery Could Disrupt E-Commerce Sector
Associated Press
Amazon, the e-retail giant, has built up its logistics infrastructure over the years. This expansion includes a new warehouse just outside Omaha, Neb., as part of an effort to control more deliveries on its own rather than relying on FedEx Corp., UPS Inc. or the U.S. Postal Service.
June 17, 2019UPS Freight’s Russell Atkin Eyes Second Straight Utah Grand Champion Title
Will it be twice as nice for Russell Atkin at the Utah Trucking Driving Championships? The UPS Freight driver will be aiming for his second consecutive Tank Truck crown (and trip to the National Truck Driving Championships) at the state event May 31- June 1 in Salt Lake City.
May 28, 2019Pennsylvania Native Jason Herko Set for Return to Home State as Kentucky Grand Champion
UPS' Jason Herko captured the Grand Champion title for the first time in six years of competing in the Kentucky Truck Driving Championships. (John Sommers II for Transport Topics)
Jason Herko was born in Pennsylvania and as a child lived in Jamaica. Now, he is heading back to his birth state as Grand Champion of the Kentucky Truck Driving Championships.
May 24, 2019UPS, Teamsters Finalize New Five-Year Labor Contract
The Teamsters headquarters in Washington. (TT File Photo)
UPS Inc. and an estimated 255,000 members of the International Brotherhood of Teamsters are now working under a new five-year agreement that brings labor stability to the Atlanta-based shipping giant. The contract took effect on April 29 after workers in Michigan ratified the last outstanding supplemental agreement.
May 3, 2019UPS Cites Winter Weather for 1Q Earnings Downturn
A UPS van in Chicago in January. (Daniel Acker/Bloomberg News)
UPS Inc. said difficult weather including heavy snow, extremely cold temperatures and spring flooding impacted its first-quarter 2019 earnings when the company announced its financial results April 25.
April 25, 2019UPS Sees Payoff From $20 Billion Tech Bet, but Investors Remain Wary
Kim Raff/Bloomberg News
UPS Inc. is counting on algorithms you can’t see to prove that investors were wrong to doubt its three-year, $20 billion technological makeover. It’s all part of CEO David Abney’s bet on squeezing out costs and becoming more nimble as UPS adjusts to surging e-commerce deliveries.
April 23, 2019