UPS Inc. posted a 3.5% increase in third-quarter net income to $1.26 billion, compared with the same three months in 2014, even as quarterly revenue dipped by 0.4% to $14.24 billion.
November 1, 2015Business
Former UPS Executive, Three-Term Congressman Wellman Dies at 61
Arnold Wellman, former president of global public affairs at UPS Inc. and a three-term congressman from Connecticut, died Oct. 7 of complications related to a lung transplant. He was 61.
November 24, 2015Business
UPS to Open Driver-Training Center in Atlanta
UPS will open a driver-training facility in Atlanta in December, its seventh U.S. site intended to prepare drivers to serve customers safely and efficiently.
November 19, 2015Business
UPS' Net Income Rises to $1.26 Billion as Revenue Dips
UPS Inc. posted a 3.5% increase in third-quarter net income to $1.26 billion from $1.21 billion, even as quarterly revenue dipped by 0.4% to $14.24 billion from $14.29 billion, compared with the same three months in 2014.
October 28, 2015Business
UPS Announces Rate Increases
UPS Inc. announced rate increases of 4.9% on average for the majority of its business, citing higher costs and other factors.
October 16, 2015Business
UPS Asks People to Pick Up Packages Themselves
In time for the holiday season, UPS is rolling out to 100 cities a program that requires people in some neighborhoods to fetch packages at nearby locations — such as a druggist or dry cleaner — if they weren’t home to meet a driver.
September 30, 2015Business
UPS Asks, Does Logistics Industry Need Bitcoin?
UPS Inc. recently asked in its official blog if global trade needs a virtual currency like Bitcoin as the world becomes more connected.
September 21, 2015Business
UPS to Hire as Many as 95,000 Holiday Workers
UPS Inc. said it will add between 90,000 and 95,000 seasonal employees to support the anticipated increase in package volume that begins in November and lasts through January.
September 15, 2015Business
UPS Adds Electric Vehicles With Longer Range
UPS Inc. announced that it purchased 125 additional hybrid electric delivery trucks as part of a broader program to deploy electric-powered vehicles with longer range and performance.
September 9, 2015Business
UPS Freight, Old Dominion Expand Illinois Terminals
Two major less-than-truckload operators have announced capacity expansion projects in northern Illinois.
August 24, 2015