UPS News Updates

Business

Teamsters See UPS Package Contract Headed for Approval

The Teamsters union said that the master contract for its UPS Inc. package workers appears headed for rank-and-file approval, and that talks will resume with the package carrier to resolve issues that were rejected in side agreements.

June 26, 2013
Business

Teamsters Locals Reject UPS Freight Contract

For the first time, UPS Freight Teamsters have rejected the contract negotiated on their behalf by union leaders, the union announced.

June 25, 2013
Business

UPS Freight Sets 5.9% Rate Increase

UPS Freight, the less-than-truckload unit of UPS Inc., said it will raise its rates 5.9%, effective June 10.

June 3, 2013
Business

Teamsters’ Local Leaders Endorse UPS Agreement

Leaders of Teamsters union locals that represent UPS Inc. workers across the United States voted unanimously to endorse the tentative five-year agreement recently reached between UPS and the Teamsters.

May 7, 2013
Business

UPS’ Net Rises 3.2% in 1Q; Plans to Buy 700 LNG Trucks

UPS Inc. last week said first-quarter net income rose 3.2% to $1 billion, reported it was nearing a contract agreement with the Teamsters union and announced plans to buy 700 tractors powered by liquefied natural gas.

April 29, 2013
Business

UPS, Teamsters Agree on New Contracts

UPS Inc. and the Teamsters union said they have reached tentative agreement on two new five-year labor contracts in the company’s small package and freight business units.

April 26, 2013
Business

UPS Reports Higher 1Q Profit; Reaffirms Earnings Guidance

UPS Inc. Thursday reported a higher first-quarter profit on strong e-commerce sales, reaffirmed its full-year earnings guidance and said it plans to buy a Hungary-based logistics company.

April 25, 2013
Business

UPS Names New Presidents of Europe, Emerging Markets Divisions

UPS Inc. said it has appointed Cindy Miller president of UPS Europe and Derek Woodward president of Emerging Markets. Both appointments are effective April 30.

March 21, 2013
Business

UPS Acquires VN Post Express’s 49% Interest in Joint Venture

UPS Inc. said it has acquired Vietnamese delivery company VN Post Express’s 49% interest in the two companies’ express delivery joint venture.

March 19, 2013
Business

UPS Commits to Hiring 25,000 Veterans

UPS Inc. said it has committed to hire more than 25,000 veterans over the next five years.

March 14, 2013