Tag: UPS

January 11, 2023

The contract negotiating process between UPS Inc. and the Teamsters union was expected to get loud and emotional. Judging from comments made at the first Teamster meeting to discuss bargaining strategy, the union didn’t disappoint. On Monday in Washington, Teamsters […]

December 30, 2022

In an unprecedented move, UPS Inc. will impose U.S. residential delivery surcharges beyond the peak delivery season instead of letting the levies fall away in mid-January. The Atlanta-based carrier has also done away with the word “peak” in its description […]

December 19, 2022

TransImpact says there will be virtually no difference in rates in 2023 between FedEx and UPS. Shippers using FedEx Corp. and UPS Inc. can expect 8% to 10% price increases in 2023 once rate and various “accessorial,” or add-on, charges […]

April 18, 2022

Alpine Air Express, which provides air cargo services to smaller communities in the western U.S. for customers such as FedEx, UPS and the U.S. Postal Service, said Monday it has acquired Omaha, Nebraska-based Suburban Air Freight to support growing demand […]

February 18, 2022

UPS Inc. detailed recent actions it has taken to support and empower Black communities to mark the start of Black History Month. The Atlanta-based multinational shipping, receiving and supply chain management company pointed to new strategic partnerships, more funding for […]

January 12, 2022

With e-commerce redrawing the landscape for freight transportation, a new Atlanta-based carrier recently launched as a middle-mile market provider across the South, Midwest and mid-Atlantic regions. Ascend is a dry van, full truckload company with a family culture that innovates […]

January 7, 2022

UPS Inc. and the U.S. Postal Service turned in stellar delivery performances during the peak holiday season, while FedEx Corp. lagged, according to data published late Friday by consultancy ShipMatrix Inc. UPS (NYSE: UPS) delivered 96.9% of all parcels within […]

December 23, 2021

Deal flow was heavy in the trucking industry during 2021. Most players in the space have seen multiple quarters of record earnings and cash flows. Whether it was looking for a place to put newfound cash to work, adding drivers […]

October 26, 2021

UPS Inc. rode higher prices and strong delivery demand driven by e-commerce to post profit that topped analysts’ expectations. It also raised its operating margin outlook to 13% for 2021 from an earlier target of 12.7%. UPS and rival FedEx […]

October 12, 2021

Though it’s not yet Halloween, delivery companies UPS Inc., FedEx Corp. and the U.S. Postal Service have released their recommended deadlines to ship packages in time for the holidays. Pandemic supply chain woes have industry experts warning consumers to shop […]

September 9, 2021

Besides packages, UPS is promising to deliver something else fast: job offers. The package delivery company said Sept. 9 that it plans to hire more than 100,000 people for the busy holiday shipping season, many of whom will get job […]

September 9, 2020

UPS Inc. said it will hire more than 100,000 seasonal workers to help handle an expected avalanche of holiday packages from online orders this year as shoppers avoid stores during the coronavirus pandemic. The holiday hires, a slight increase from […]

November 18, 2019

The majority of the world’s largest freight carriers expanded their businesses last year as they continued to enjoy strong demand in many key markets, despite an ongoing realignment of international trade agreements. All but a handful of the companies ranked […]

October 9, 2019

UPS Inc. announced it will spend $450 million to add 6,000 vehicles powered by compressed natural gas as well as supporting infrastructure beginning next year. It is the largest multiyear commitment UPS has made to date for alternative fuel vehicles. […]

December 19, 2017

In Lloyd’s excellent and balanced take on Elon Musk’s year, he points to a certain irony in the big Tesla Semi orders coming in from Pepsi and Budweiser. After all, we used to have local breweries and soda pop bottlers, […]

April 18, 2017

UPS this summer will move some airfreight operations from Des Moines, Iowa, to the Chicago Rockford International Airport, bringing 240 jobs to the company’s second-largest air-sorting facility in the United States. The move, which is set for mid-July, will add […]

April 5, 2017

UPS Inc. has confirmed that it will open a new $200 million shipping center in Arlington, Texas. The city of Arlington last week approved economic incentives for the more than 1 million-square-foot distribution center near Interstate 20. UPS ranks No. […]

November 14, 2016

United Parcel Service announced plans Nov. 11 to invest $196 million in its ground package hub in Jacksonville, Florida. The expansion will add more than 260,000 square feet to UPS’ 560,000-square-foot building along with advanced technology and operations automation. When […]