UPS Inc. News Updates

The holiday shopping season is here, and the big e-commerce day is expected to make shippers busy.

This holiday season is projected to be so busy, UPS even expects to set a record for returned merchandise.

UPS Inc. will add major upgrades to its health care-dedicated warehouse and distribution network, according to an Oct. 28 news release.

UPS Inc. says it has been preparing for what it expects to be a record-breaking holiday shipping season by building additional automated facilities and adding jets to its fleet to handle more packages as online shopping continues to grow.

Stamps.com Inc. shares rallied Oct. 22 ahead of the opening bell after UPS Inc. announced a pact to offer discounted shipping rates to the company’s customer base of more than 740,000.

UPS Inc. announced it will spend $450 million to add 6,000 vehicles powered by compressed natural gas as well as supporting infrastructure beginning next year.

UPS Inc. won U.S. certification to fly drones under regulations similar to those for airlines, a milestone that allows the company to vastly expand airborne deliveries.

For nearly 100 years drivers at UPS Inc. have been known around the world by their brown uniforms. Now comes a newly designed uniform, and, yes, the iconic brown remains.

A $20 billion investment spree detailed by UPS CEO David Abney last year, a plan that initially rattled Wall Street, is bearing fruit. Profit margins are improving even as 112-year-old Big Brown copes with swelling volume from voracious online shoppers, who are typically less lucrative to serve than business customers.

WASHINGTON — The Justice Department says United Parcel Service Inc. must pay $8.4 million to settle allegations that the company was overcharging the federal government for package deliveries.