UPS Inc. said stronger international business helped boost third-quarter net income by 1% to $1.27 billion, or $1.44 per share.
October 31, 2016UPS News Updates
UPS Profits Rise 1% to $1.27 Billion in Third Quarter
UPS Inc. boosted third-quarter net income by 1% to $1.27 billion, or $1.44 per share, helped by stronger profits in international business.
October 27, 2016UPS CEO Sees Greater Commitment From Obama Administration on TPP Deal
The top executive at UPS Inc. said Oct. 27 he is seeing a greater commitment from the Obama administration on completing the Trans Pacific Partnership deal despite negative election campaign rhetoric about free trade agreements.
October 27, 2016UPS Ordering 14 Boeing 747-8 Airplanes in $5.3 Billion Deal
UPS Inc. is ordering 14 Boeing Co. 747-8 airplanes and holds options for another 14 of the air freighters, tossing a lifeline to the venerable jumbo jet.
October 27, 2016UPS Aircraft Mechanics Taking Vote for Strike Authorization Over Health Benefit Impasse
The UPS mechanics who service the planes that ship packages around the world began voting on Oct. 21 to authorize a strike after an impasse in negotiations over reductions in health benefits.
October 24, 2016UPS Adds Hydraulic Hybrids to Alternative-Fuel Vehicle Fleet
UPS Inc. has assigned 50 hydraulic hybrid trucks to delivery routes in the Chicago area as the largest package delivery company continues to deploy alternative-fuel vehicles.
October 4, 2016UPS Drone
UPS Inc., teaming up with drone-maker CyPhy Works, announced drone tests to deliver packages in remote areas.The first test was earlier this week to move medicine from a Boston area community to Children’s Island, located about three miles from the mainland and without automobile access. UPS also has done drone application tests inside warehouses to track stock availability and assessment of relief aid deliveries, also in hard-to-reach locations. (video by UPS Inc.)
September 23, 2016UPS to Open High-Tech Package Center in California
UPS said Sept. 21 it will open a new package center in Compton, California, equipped with its latest automation technology and state-of-the-art sorting equipment.
September 21, 2016UPS Rates to Rise After Holiday Sales Season
The price of getting parcels to their destination via UPS is going up after the holiday sales season.
September 2, 2016UPS Pilots Ratify Labor Contract
UPS Inc. announced that its pilots, who are members of the Independent Pilots Association, have ratified a labor agreement that is in force until at least Sept. 1, 2021.
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