UPS Inc. reported first-quarter earnings that exceeded Wall Street expectations, saying its quarterly income increased to $3.3 billion compared with $2.77 billion in the first quarter of 2021.
April 26, 2022UPS News Updates
UPS Reports Strong Q1 Earnings Amid Lower Package Volume
Amazon, UPS’ Biggest Customer, Is Also Its Biggest Competitive Threat
Amazon delivered more than 5 billion packages in the U.S. in 2021, while UPS delivered roughly 5.5 billion U.S. packages, according to company figures and industry estimates. Amazon has said it could surpass UPS this year, and it’s not alone in that prediction.
April 14, 2022UPS Puts Forth Black History Month Initiatives
UPS Inc. detailed recent actions it has taken to support and empower Black communities to mark the start of Black History Month.
February 18, 2022UPS Surges After 2022 Forecasts Exceed Wall Street’s Estimates
UPS Inc. on Feb. 1 announced record fourth-quarter and full-year financial results, as online holiday shopping boosted home parcel deliveries while an increase in medical shipments kept the company’s drivers and trucks busy.
February 1, 2022UPS Reports Strong Third-Quarter Gains
UPS Inc.’s strategy to focus on more profitable segments of the shipping business paid off in the third quarter as its revenue per item shipped rose 13% and earnings climbed.
October 26, 2021UPS, FedEx, USPS Set Holiday Shipping Dates
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.
October 12, 2021UPS, FedEx, Walmart Hunting for Holiday Staffing
NEW YORK — All employers want for Christmas is some holiday help. But they might not get their wish. Companies like UPS Inc., FedEx Corp. and Walmart Inc. that typically hire thousands of seasonal workers are heading into the holidays during one of the tightest job markets in decades, making it unlikely they will find all the workers they need.
October 12, 2021UPS to Acquire Same-Day Delivery Startup Roadie
UPS Inc. agreed to acquire Roadie, a same-day delivery startup, looking to speed service and expand into atypical parcels such as oversized packages and perishable goods.
September 10, 2021UPS to Hire 100,000, Many in 30 Minutes or Less
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 offers within 30 minutes of applying.
September 9, 2021UPS Starts Drone Delivery of COVID Vaccines
UPS Inc. started delivering coronavirus vaccines with the use of drones as part of a new initiative announced Aug. 24.
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