UPS Inc. said that it is joining other investors in providing $28 million in funding for Deliv, a start-up company in Menlo Park, California, that offers same-day delivery of merchandise purchased by consumers from major retailers and shopping malls.
February 26, 2016Business
Pennsylvania UPS Shipping Facility Fighting Teamsters Unionization
KUTZTOWN, Pa. — UPS Freight is fighting a bid by the Teamsters to unionize about 30 truck drivers at a Kutztown distribution center that services Advance Auto Parts stores.
February 22, 2016Business
Jack Holmes to Retire, Rich McArdle Named as Successor to Lead UPS Freight
UPS Freight President Jack Holmes will retire effective June 30 after 37 years with the company, UPS Inc. announced.
February 12, 2016Business
UPS Names CEO David Abney as New Chairman
UPS Inc. said its board unanimously elected CEO David Abney to the position of chairman, succeeding Scott Davis, who will retire from the board as of the company’s upcoming 2016 annual meeting.
February 11, 2016Business
E-Commerce Powers UPS to 23% Rise in 4Q Profit
UPS Inc. raised fourth-quarter net income on an adjusted basis by 23% to $1.41 billion, or $1.57 per share, as a transition toward e-commerce package deliveries to consumers accelerated during the 2015 peak holiday shipping season.
February 8, 2016Business
UPS Fourth-Quarter Net Income Rises to $1.41 Billion
UPS Inc. raised net income on an adjusted basis by 23% to $1.41 billion, or $1.57 per share, in the fourth quarter, drawing strength from online retailing and other package business.
February 2, 2016Business
UPS Refines Options for Shipments to and From Mexico
UPS Inc. announced a series of enhancements for dealing with imports and exports between the United States and Mexico, the nation’s second-largest trading partner.
January 13, 2016Business
Online Surge Raises Questions About Delivery Network
A 20% surge in online holiday shopping — much of it just days before Christmas — brought the retailing and shipping industries closer to a tipping point many experts think is inevitable.
January 4, 2016Business
Norman Brothers Named Senior Vice President, General Counsel at UPS
UPS Inc. appointed Norman Brothers to the newly created position of senior vice president, general counsel and corporate secretary in a realignment of top management.
January 4, 2016Business
Third Time's a Charm for UPS at Christmas, But FedEx Stumbles
CHICAGO — After two consecutive years of problems during its holiday peak package season, UPS delivered on time at Christmas this year, while its main rival, FedEx, had a last-minute stumble that left some gifts undelivered until after the holiday.
December 31, 2015