ups

Entry-level driver training regulations going into force in 2020 will make it difficult for UPS to keep up with new driver demand, according to company documents. UPS Inc (NYSE: UPS), one of the nation's largest less-than-truckload (LTL) freight carriers with over 20,000 long-haul trucks, has...

On June 23, the U.S. Postal Service (USPS) implements a pricing change that subjects more parcels to rates pegged to their dimensions instead of their actual weight. What impact, if any, this has on the USPS shipper universe won't be known for months. Under the new policy, USPS will, for the first...

UPS Inc. (NYSE: UPS) said May 22 that it placed the largest order for renewable natural gas (RNG) in U.S. history with the purchase of 170 million gallon equivalents of the alternate fuel over the next seven years. Under the deal, the Atlanta-based transport and logistics giant will pay Clean...

UPS Inc. (NYSE: UPS) said late on May 15 that it has completed a multi-year, $300 million expansion of its key ground sorting and distribution hub in Louisville, Kentucky, tripling its size to more than 1 million square feet and doubling its package processing capacity to about 85,000 packages per...

UPS Inc. (NYSE: UPS) said May 14 that it will triple to 179 the number of countries that U.S. exporters can ship to on Saturdays. An additional 122 countries are now included in the company's "Worldwide Express" service, UPS said. The new countries include 20 in Europe, 28 in the...

This weekend's Barron's cover story offers seven dividend stock picks for volatile times. Other featured articles have picks from the Sohn Conference and examine a little-known key to better stock performance. Also, a disappointing initial public offering, two bargain transport plays, and...

UPS Inc. (NYSE: UPS), continuing its push to penetrate the small- to mid-size business segment, said on April 30 that it will waive one of its weekly service fees during May for companies that activate an account with the company. The Atlanta-based company said it will waive its "Smart...

  UPS Inc. (NYSE: UPS) employees who are members of Teamsters Union Local 243 in Detroit ratified their local rider to the national, or "master" UPS contract on Sunday, April 28, allowing the five-year contract to take effect. The unofficial vote was 295 for and 121 against. This...

Among the numbers embedded in the UPS (NYSE: UPS) first quarter financial report card released on Thursday was one that got the attention of some industry observers – domestic air shipments rose, year-over-year, by 8 percent, a significant increase. On an annualized basis, UPS' domestic...

UPS Inc. (NYSE: UPS) Thursday morning reported first quarter results that were lower-than-expected on the bottom line but generally aligned with consensus for its revenue numbers. The Atlanta-based company reported revenue of $17.2 billion, up slightly from $17.1 billion in the first quarter of...

  Unionized UPS Inc. (NYSE: UPS) workers in New York City and western Pennsylvania have ratified their respective supplemental agreements to the national contract between UPS and the Teamsters union, bringing the five-year master agreement closer to full implementation. The actions disclosed...

  UPS Inc. (NYSE: UPS) is in the midst of a major transformation of its pricing structure – the byproduct of which could be major rate reductions for many shippers – as the shipping and logistics giant improves the efficiency of its package flow and builds shipment density in...

UPS Inc. (NYSE: UPS) has added the busy Mexican border city of Ciudad Juarez to its list of markets to receive next-day deliveries of palletized freight to the U.S., the company said yesterday. Under the service, called "Worldwide Express Freight," shippers receive guaranteed door-to-door...

UPS Inc. (NYSE: UPS) said today it has begun an unmanned drone service to deliver blood samples across the campus of a North Carolina-based hospital system. This is the first time the U.S. government has approved a drone's use for routine commercial flights under a contractual agreement, UPS...

Good day, New York City is ground zero for clashes that occur between transportation users competing for limited parking spaces. For delivery companies, the tight fit means racking up astronomical parking fines as a cost of doing business. In 2018, for example, FedEx Corporation (NYSE: FDX)...