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UPS Offering Buyouts To Management Workers - WSJ
UPS Sets Regular Quarterly Dividend Of $1.01 Per Share
United Parcel Service CFO Says B2B Volume Began To Recover In The Quarter - Conf Call
United Parcel Service, Inc. (UPS) is a package delivery company. The Company is a provider of global supply chain management solutions. The Company operates through three segments: U.S. Domestic Package operations, International Package operations, and Supply Chain & Freight operations. As of December 31, 2016, the Company delivered packages in over 220 countries and territories. The Company offers a spectrum of the United States domestic guaranteed ground and air package transportation services. The International Package segment includes the small package operations in Europe, Asia-Pacific, Canada and Latin America, the Indian sub-continent, the Middle East and Africa. The Supply Chain & Freight segment includes its forwarding and logistics services, truckload freight brokerage, UPS Freight and its financial offerings through UPS Capital. The Company serves the global market for logistics services, which include transportation, distribution, contract logistics and ground freight.
55 Glenlake Parkway Ne
William R. Johnson
Independent Non-Executive Chairman of the Board
Carol B. Tome
Chief Executive Officer, Director
Chief Financial Officer, Senior Vice President, Treasurer
Senior Vice President and President, UPS International
Philippe R. Gilbert
President, Senior Vice President - Supply Chain Solutions
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United Parcel Service Inc said on Thursday it was offering buyouts to some employees, as Chief Executive Carol Tomé aims to curb costs at the delivery firm.
United Parcel Service <UPS.N> and FedEx <FDX.N> on Friday shot down social media calls that they step in to deliver mail-in ballots from the U.S. Postal Service, which is warning states of potentially "significant" delays.
United Parcel Service Inc plans to impose big fees on large shippers sending significantly more packages through its system during the holiday season amid the coronavirus pandemic, according to a new fee schedule released on Friday.
United Parcel Service Inc exceeded analyst estimates for quarterly profit and revenue on Thursday as pandemic-fueled rises in lucrative healthcare and air shipments helped offset a margin squeeze from surging e-commerce home deliveries, sending shares up as much as 17.6%.
United Parcel Service Inc on Thursday reported a 13.4% rise in quarterly revenue, as the COVID-19 pandemic led to a surge in residential volumes and healthcare shipments.
U.S. technology company TuSimple on Wednesday launched a self-driving freight network with UPS and Berkshire Hathaway Inc supply chain unit McLane that it said should operate nationwide by 2024 and start running some driverless trucks routes by 2021.
A months-long flood of coronavirus-related e-commerce packages is straining service FedEx Corp <FDX.N>, giving rival United Parcel Service Inc <UPS.N> an opportunity to steal market share, customers and consultants told Reuters.
United Parcel Service Inc on May 31 will slap surcharges on U.S. e-commerce companies that have flooded its delivery network with shipments of everything from packaged food to patio furniture since the coronavirus took hold in March.
-- Note: Reuters has not verified this story and does not vouch for its accuracy
* UPS - ANNOUNCED A COLLABORATION WITH DR. REDDY'S LABORATORIES TO GET 30 TONS OF PHARMACEUTICALS FROM INDIA TO UNITED STATES VIA EUROPE Source text for Eikon: Further company coverage:
United Parcel Service Inc will slash $1 billion from this year's capital spending budget and reduce planned share buybacks by almost $800 million as it adjusts to "unprecedented" changes wrought by the novel coronavirus outbreak.
Package delivery company United Parcel Service Inc pulled its full-year earnings forecast and posted a 13% fall in first-quarter profit on Tuesday as coronavirus-driven lockdowns disrupted its business.
* CO & CVS HEALTH SAID UPS UNIT UPS FLIGHT FORWARD WILL USE DRONES TO DELIVER PRESCRIPTION MEDICINES FROM CVS PHARMACY TO THE VILLAGES, FLORIDA Source text for Eikon: Further company coverage:
* UPS EXPEDITES GLOBAL DELIVERIES OF QIAGEN CORONAVIRUS TESTING KITS
* UPS ANNOUNCES MOVE TO VIRTUAL ANNUAL MEETING OF SHAREOWNERS FOR 2020
Amazon.com Inc <AMZN.O> will suspend a delivery service that aims to compete with UPS <UPS.N> and FedEx <FDX.N> in the United States.
Amazon.com Inc has put on hold a new delivery service that competes with UPS and FedEx, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
* UPS - SUPPORTING FEMA, PROJECT AIRBRIDGE, OTHER GOVERNMENT AGENCIES WITH SUPPLY CHAIN AND SHIPPING SERVICES FOR RESPIRATORS, TEST KITS, AND PPE ACROSS U.S
* UPS FILES FOR FOUR-PART, SENIOR NOTES OFFERING OF UP TO $3.5 BILLION - SEC FILING Source : (https://bit.ly/2WEeM4E) Further company coverage:
United Parcel Service Inc <UPS.N> on Thursday appointed former Home Depot <HD.N> executive Carol Tomé as chief executive officer, effective June 1.
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