UPS News Updates

Business, Technology, Logistics, Top 100

RXO Becomes Third-Largest Freight Broker With Coyote Deal

RXO has finalized its $1.025 billion acquisition of Coyote Logistics from UPS, a move that makes RXO the third-largest provider of brokered transportation in North America.

September 16, 2024
Business, Logistics, For-Hire, Global Freight

UPS Discusses Acquisition of Parcel Carrier in Mexico

The recently announced UPS acquisition of Mexican express delivery company Estafeta takes advantage of a business trend toward nearshoring.

July 24, 2024
Business, For-Hire

UPS Boosts Volume in US for First Time Since 2022

UPS boosted its volume in the U.S. for the first time since 2022 during its second quarter, but profit and revenue fell short of Wall Street expectations, partly due to a hefty charge.

July 23, 2024
Government, Business, Technology

FedEx, UPS Warn of Delivery Delays From Global Tech Outage

FedEx and UPS warned of potential delays in package deliveries as the couriers grapple with the impact of a massive IT failure that is upending markets and crippling companies globally.

July 19, 2024
Business, Technology, Equipment, Safety

ROTATE Recap: Knowing The ‘What’ & ‘Why’ of Data

Anthony Marshall, UPS’ vice president of maintenance and engineering for transportation fleet, provides insight on how fleet maintenance leaders should focus on the big picture of tire management.

July 12, 2024
Business, Logistics, For-Hire

UPS Names Brian Dykes New CFO

UPS Inc. named a company veteran to be its new chief financial officer after the parcel giant’s former finance leader left the company last month to focus on his health.

July 9, 2024
Business, Logistics, For-Hire, Global Freight

UPS to Sell Coyote Logistics to RXO

UPS Inc. has entered into a definitive agreement to sell its asset-light freight brokerage business, Coyote Logistics, to RXO Inc., the company announced June 23.

June 24, 2024
Business, Logistics, For-Hire

UPS Finance Chief to Leave Parcel Giant to Focus on Health

UPS Inc.’s top financial executive, Brian Newman, plans to leave the company June 1 in order to focus on his personal health, the shipping giant said May 6.

May 6, 2024
Government, Business, Technology, Equipment, Logistics, Global Freight

Freight Elite Struggle to Hit Climate Goals as Demand Surges

Although there are signs of progress, the largest delivery companies have scaled back climate pledges and the industry isn’t keeping pace with climbing emissions from a global demand surge.

January 30, 2024
Business, Logistics, Global Freight

Major Shippers Don’t Predict Issues Meeting Holiday Demand

Carriers like the U.S. Postal Service, FedEx and UPS Inc. have capacity to meet projected demand this holiday season, which is cheery news for shippers and shoppers alike.

November 21, 2023