UPS News Updates

Business, Logistics

At UPS, Brian Newman to Succeed Richard Peretz as CFO

UPS Inc. said PepsiCo executive Brian Newman will replace Chief Financial Officer Richard Peretz.

August 12, 2019
Business, Logistics, Top 100

UPS Announces Strong 2Q Earnings

United Parcel Service Inc. reported second-quarter earnings benefiting from rising demand for its Next Day Air and Ground delivery services.

July 24, 2019
Business, Logistics, Top 100

UPS Will Go to Seven-Day Ground Service in 2020

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, 2019
Government, Business, Safety, Top 100

UPS Seeks FMCSA Exemption From 2020 Driving Instructor Requirements

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, 2019
Business, Technology, Logistics, TCA

Amazon’s Foray Into Last-Mile Delivery Could Disrupt E-Commerce Sector

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, 2019
Business, Safety

UPS 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, 2019
Business, Safety

Pennsylvania Native Jason Herko Set for Return to 91ÊÓÆµ State as Kentucky Grand Champion

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, 2019
Business, Safety, Top 100

UPS, Teamsters Finalize New Five-Year Labor Contract

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, 2019
Business, Top 100

UPS Cites Winter Weather for 1Q Earnings Downturn

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, 2019
Business, Technology, Logistics, Autonomous, Top 100

UPS Sees Payoff From $20 Billion Tech Bet, but Investors Remain Wary

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