Edition:
India

United Parcel Service Inc (UPS.N)

UPS.N on New York Stock Exchange

116.79USD
11 Dec 2019
Change (% chg)

$-1.75 (-1.48%)
Prev Close
$118.54
Open
$118.54
Day's High
$118.54
Day's Low
$116.77
Volume
1,107,909
Avg. Vol
768,993
52-wk High
$125.31
52-wk Low
$89.89

Latest Key Developments (Source: Significant Developments)

UPS To Add More Than 6,000 Vehicles To Its Natural Gas Fleet
Wednesday, 9 Oct 2019 

Oct 9 (Reuters) - United Parcel Service Inc ::UPS TO ADD MORE THAN 6,000 VEHICLES TO ITS NATURAL GAS FLEET.UPS - THREE-YEAR COMMITMENT REPRESENTS A $450M INVESTMENT IN EXPANDING COMPANY'S ALTERNATIVE FUEL AND ADVANCED TECHNOLOGY VEHICLE FLEET.UPS - PLANS TO PURCHASE MORE THAN 6,000 NATURAL GAS-POWERED TRUCKS BEGINNING IN 2020 AND RUNNING THROUGH 2022.UPS - INTEND FOR 25 PERCENT OF VEHICLES PURCHASED IN 2020 TO RUN ON ALTERNATIVE FUELS.  Full Article

UPS Flight Forward Attains FAA’S First Full Approval For Drone Airline
Tuesday, 1 Oct 2019 

Oct 1 (Reuters) - United Parcel Service Inc ::UPS FLIGHT FORWARD ATTAINS FAA’S FIRST FULL APPROVAL FOR DRONE AIRLINE.UPS - UPS FLIGHT FORWARD WILL INITIALLY EXPAND ITS DRONE DELIVERY SERVICE FURTHER TO SUPPORT HOSPITAL CAMPUSES AROUND COUNTRY.UPS - UPS FLIGHT FORWARD PLANS IN FUTURE TO TRANSPORT A VARIETY OF ITEMS FOR CUSTOMERS IN MANY INDUSTRIES.UPS - UPS FLIGHT FORWARD PLANS TO "REGULARLY FLY DRONES BEYOND OPERATORS' VISUAL LINE OF SIGHT".  Full Article

UPS says To Not Apply Additional Surcharges For U.S. Residential Deliveries During Holiday Season
Friday, 16 Aug 2019 

Aug 16 (Reuters) - United Parcel Service Inc ::UPS - TO NOT APPLY ADDITIONAL SURCHARGES FOR U.S. RESIDENTIAL DELIVERIES DURING 2019 HOLIDAY SEASON, UNLESS BY CONTRACTUAL EXCEPTION, SPECIAL HANDLING.UPS - COMPANY ONCE AGAIN EXPECTS TO HANDLE A RECORD NUMBER OF HOLIDAY DELIVERIES DURING PEAK SEASON 2019..UPS - FROM NOV. 24, 2019 TO JAN. 4, 2020, PACKAGES WITH UNUSUAL DIMENSIONS REQUIRING SPECIAL HANDLING WILL RECEIVE ADDITIONAL HANDLING SURCHARGE.UPS - MORE THAN 70 PERCENT OF ELIGIBLE PACKAGES WILL BE PROCESSED IN NEW AUTOMATED FACILITIES DURING 2019 HOLIDAY SEASON.UPS - FORECASTS ATTAINING 100 PERCENT OF ELIGIBLE VOLUME IN 2021..UPS - FROM OCT 1 TO JAN 4, 2020, PACKAGES DESIGNATED AS 'LARGE' UNDER CO'S TARIFF OR PACKAGES ABOVE CO'S SMALL PACKAGE NETWORK SIZE & WEIGHT LIMITS TO GET ADDED SURCHARGE.  Full Article

Teamsters At UPS Receive Wage Increase August 1
Tuesday, 30 Jul 2019 

July 30 (Reuters) - TEAMSTERS::TEAMSTERS AT UPS RECEIVE WAGE INCREASE AUGUST 1.TEAMSTERS - GENERAL WAGE INCREASES FOR FULL-TIME AND PART-TIME UPS TEAMSTERS OF 75 CENTS PER HOUR WILL GO INTO EFFECT AUGUST 1, 2019.  Full Article

Marken Acquires Three European Logistics Companies
Monday, 15 Jul 2019 

July 15 (Reuters) - Marken Ltd::MARKEN ACQUIRES THREE EUROPEAN LOGISTICS COMPANIES.ACQUIRED HRTL BASED IN ITALY ALONG WITH TWO ADDITIONAL COMPANIES IN AUSTRIA AND HUNGARY UNDER RESPECTIVE NAMES OF HETO AND DER KURIER.  Full Article

UPS Says Will Not Join The Lawsuit Filed By FedEx
Tuesday, 25 Jun 2019 

June 25 (Reuters) - UPS::UPS, ON FEDEX’S LAWSUIT AGAINST THE U.S. GOVERNMENT, SAYS WILL NOT JOIN THE LAWSUIT FILED BY FEDEX.UPS SAYS CONTINUES TO FOLLOW GOVERNMENT DIRECTIVES IN THE MARKETS WHERE THE COMPANY OPERATES.  Full Article

Ups Triples International Destinations For U.S. Businesses With Expansion Of Saturday Export Pick-Up Service
Tuesday, 14 May 2019 

May 14 (Reuters) - United Parcel Service Inc ::UPS TRIPLES INTERNATIONAL DESTINATIONS FOR U.S. BUSINESSES WITH EXPANSION OF SATURDAY EXPORT PICK-UP SERVICE.UPS - NEWLY EXPANDED SERVICE EXPANDS FROM 57 TO 179 COUNTRIES WORLDWIDE.UPS - EXPANDING DESTINATION COUNTRIES THAT ARE AVAILABLE TO ITS U.S. CUSTOMERS USING COMPANY'S SATURDAY PICK-UP SOLUTION FOR EXPORT SHIPMENTS.UPS - NEWLY EXPANDED SERVICE INCLUDES EXPANSION IN 20 NEW MARKETS IN EUROPE, 28 IN AMERICAS, 2 IN ASIA PACIFIC AND 72 IN MIDDLE EAST AND AFRICA.  Full Article

Teamsters National UPS Agreement Takes Effect, Final Supplement Ratified
Monday, 29 Apr 2019 

April 28 (Reuters) - :TEAMSTERS NATIONAL UPS AGREEMENT TAKES EFFECT, FINAL SUPPLEMENT RATIFIED.INTERNATIONAL BROTHERHOOD OF TEAMSTERS- AGREEMENT REQUIRES UPS TO CREATE 5,000 NEW FULL-TIME JOBS DURING THE TERM OF THE AGREEMENT.INTERNATIONAL BROTHERHOOD OF TEAMSTERS- THE NATIONAL CONTRACT WILL INCREASE WAGES, PROTECT BENEFITS AND CREATE THOUSANDS OF NEW FULL-TIME JOBS.INTERNATIONAL BROTHERHOOD OF TEAMSTERS- UPS CONTRACT INCLUDES WAGE INCREASES OF $4.15 PER HOUR FOR BOTH FULL-TIME AND PART-TIME WORKERS OVER TERM OF CONTRACT.INTERNATIONAL BROTHERHOOD OF TEAMSTERS- UPS CONTRACT INCREASES THE PART-TIME START RATE BY $2.50 RETROACTIVELY TO AUGUST 1, 2018.  Full Article

United Parcel Service Reports Q1 Earnings Per Share Of $1.28
Thursday, 25 Apr 2019 

April 25 (Reuters) - United Parcel Service Inc ::UPS ANNOUNCES FIRST QUARTER EARNINGS.Q1 EARNINGS PER SHARE $1.28.UPS - WEATHER LOWERED U.S. PROFIT BY ABOUT $80M OR $0.07 EPS IN QUARTER.UPS - 1Q19 ADJUSTED EPS OF $1.39.UPS - QTRLY U.S. DOMESTIC SEGMENT REVENUE $10,480 MILLION VERSUS $10,227 MILLION.Q1 EARNINGS PER SHARE VIEW $1.41 -- REFINITIV IBES DATA.UPS - QTRLY REVENUE OF $17,160 MILLION VERSUS $17,113 MILLION REPORTED LAST YEAR.UPS - REAFFIRMS FY ADJUSTED DILUTED EPS WILL BE IN RANGE OF $7.45 TO $7.75.Q1 REVENUE VIEW $17.78 BILLION -- REFINITIV IBES DATA.UPS - FIRST-QUARTER ADJUSTED RESULTS EXCLUDE A PRE-TAX CHARGE OF $123 MILLION, OR $0.11 PER SHARE AFTER TAX, DUE TO TRANSFORMATION-RELATED CHARGES.UPS - ADJUSTED FREE CASH FLOW FOR THE YEAR IS PROJECTED TO BE BETWEEN $3.5 AND $4 BILLION WITH POTENTIAL ADDITIONAL UPSIDE FROM WORKING CAPITAL INITIATIVES.UPS - Q3 ADJUSTED EARNINGS PER SHARE EXPECTED TO BENEFIT FROM ITEMS INCLUDING 1 MORE OPERATING DAY & INTERNATIONAL BENEFITS FROM 2018 COMMODITIES HEADWINDS THAT SHOULD NOT REPEAT.UPS - BENDING COST CURVE IN U.S. DOMESTIC SEGMENT AS HIGHLY AUTOMATED HUBS COME ONLINE.UPS - ADJUSTED EPS IN Q2 IS ANTICIPATED TO BE RELATIVELY FLAT TO LAST YEAR DRIVEN BY PLANNED PENSION FINANCING COSTS.Q2 EARNINGS PER SHARE VIEW $2.02 -- REFINITIV IBES DATA.UPS - OVERALL OPERATING PROFIT IN Q2 IS EXPECTED TO GROW..UPS - IN Q2, CO WILL OPEN ABOUT 30% OF PLANNED 2019 CAPACITY.UPS - ONBOARDING COSTS WILL WEIGH ON SECOND-QUARTER RESULTS..  Full Article

UPS Says CEO David Abney's 2018 Total Compensation Was $15.1 Million Versus $14.6 Million In 2017
Saturday, 16 Mar 2019 

March 15 (Reuters) - United Parcel Service Inc ::UPS SAYS CEO DAVID ABNEY'S 2018 TOTAL COMPENSATION WAS $15.1 MILLION VERSUS $14.6 MILLION IN 2017.UPS - CFO RICHARD N. PERETZ'S TOTAL COMPENSATION FOR 2018 WAS $4.6 MILLION VERSUS $4.7 MILLION IN 2017.UPS SAYS COO JAMES BARBER, JR'S 2018 TOTAL COMPENSATION WAS ABOUT $7 MILLION VERSUS $5 MILLION IN 2017.UPS - MEDIAN EMPLOYEE TO CEO PAY RATIO FOR 2018 WAS 272-TO-1.UPS SAYS CHIEF STRATEGY AND TRANSFORMATION OFFICER SCOTT PRICE'S 2018 TOTAL COMPENSATION WAS ABOUT $8.5 MILLION.  Full Article

Photo

DHL to debut zero-emission electric delivery vans in U.S. cities

LOS ANGELES Deutsche Post DHL Group's StreetScooter electric vehicle unit will enter the U.S. market next year as delivery firms and municipalities work to cut greenhouse gas emissions.