UPS Overcomes First-Quarter Challenges with New USPS Contract
United Parcel Service (UPS) reported a disappointing start to the year with first-quarter earnings revealing a 5.3% drop in revenue and a 31.5% plunge in operating profit compared to last year.
UPS Navigates Challenges with Strategic Cost Cuts and New Contracts
United Parcel Service (UPS) has reported a better-than-expected quarterly profit, navigating through softer package delivery demand with strategic cost reductions and focusing on high-margin sectors.
New Delivery Surcharges by FedEx and UPS Affecting Urban Areas
FedEx and UPS have introduced Delivery Area Surcharges (DAS) in 82 additional ZIP codes across the US, covering nearly 1% of the population.
FedEx and UPS Tackle Tough Decisions Amidst Market Shifts
In the fast-paced world of logistics, FedEx and UPS are making some big changes.
UPS Expands Saturday Home Delivery Service Across Canada
Oh, Canada! UPS is launching a new Saturday home delivery service in key Canadian markets, starting with Toronto and expanding to Greater Vancouver, Montreal, Calgary, and Laval by March.
UPS Implements Staff Reductions and Shift Cuts Across Multiple States Amidst Decreased Package Demand
UPS is scaling back package sorting shifts and reducing staff at facilities in Connecticut, Maryland, and Oregon due to decreased demand for package delivery.
UPS Explores Strategic Alternatives for Coyote Logistics Amid Market Challenges
United Parcel Service (UPS) is exploring options, including a potential sale, for its brokerage unit, Coyote Logistics.
UPS Plans to Cut 12,000 Jobs in Cost-Saving Effort Amid Revenue Decline
UPS is set to cut 12,000 jobs in a cost-saving move aimed at reducing expenses by $1 billion.
UPS and FedEx Extend Demand Surcharges Despite Lower Year-Over-Year Volumes
UPS and FedEx have decided to extend their demand surcharges for additional handling and large packages, despite lower year-over-year volumes.
UPS Set to Hire Over 100,000 Holiday Workers, Matching Last Year's Numbers
UPS is gearing up for the holiday season by planning to hire more than 100,000 workers, a number consistent with its hiring levels over the past three years.
UPS-Teamsters Deal May Heighten Wage Pressure Across Logistics Industry
The recently ratified labor contract between UPS and the International Brotherhood of Teamsters is expected to exert wage pressure on other logistics companies, including FedEx.
UPS Attracts Job Seekers with $170,000 Driver Pay After Union Victory
Since securing a $30 billion contract over five years, United Parcel Service (UPS) has experienced a surge in interest from job seekers.
Strike Averted, but UPS Customers May Face Higher Shipping Rates After Teamsters Deal
The Teamsters and UPS have reached a tentative labor agreement, averting a potential strike that could have disrupted the supply chain.
Unwavering Shipper Loyalty Remains Amidst Looming UPS Strike Threats
Despite the looming threat of a UPS strike, many companies have not shifted their package volumes to other carriers.
Potential UPS Strike Looms Large: Implications for Inflation Progress
A potential strike by 340,000 unionized workers at United Parcel Service Inc. (UPS) has the U.S. economy on edge, as it could intensify two significant challenges: inflation and supply-chain disruptions.
Possibility of UPS Strike Triggers Changes in Logistics Sector as Negotiations Continue
As negotiations between UPS and the Teamsters Union continue, the possibility of a strike is already having an impact on the logistics sector.
UPS Negotiations Resume as Shippers Hope for Resolution on Part-Time Employee Pay Issue
Negotiations between UPS and the Teamsters Union have resumed after a pause, bringing hope to UPS shippers.
Potential UPS Strike Threatens Supply Chain Chaos and Economic Impact
With the July 31 strike deadline approaching for Teamsters at UPS, concerns are growing about the potential impact on the supply chain and the economy.
Teamsters President Urges White House to Refrain from Intervention in Potential UPS Worker Strike
Negotiations between UPS and the Teamsters union, representing 340,000 workers, have reached a standstill, with a looming July 31 deadline for a new contract.
A 10-day UPS strike could be the costliest in US history
A potential 10-day strike by UPS workers in the US could have significant economic consequences, estimated to cost the country $7.1 billion, according to an analysis by Anderson Economic Group.