All UPS articles – Page 9
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Revenues and income increase at UPS in Q2
UPS saw revenues and net income increase during the second quarter of the year, while operating profit for the period came under pressure as a result of pension expenses.The express giant reported a 9.6% increase in total revenues for the second quarter to $17.4bn, operating profits declined by 13% to ...
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UPS in handshake deal with the Teamsters union
UPS has agreed a settlement in principle with negotiators for the Teamsters union, presenting ground staff and delivery drivers at the US parcels and logistics giant.The new contract provides hourly wage increases totaling $4.15 spread out over five years and raises the starting wage for part-time workers to $13 an ...
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UPS opens package sorting facility at London Gateway
UPS has officially opened a 32,000 sq m package sorting and delivery facility at London Gateway Logistics Park in south east England.At £120m, the London hub represents one of UPS’s largest single infrastructure investments ever made outside of the US.The new building - located close to a major maritime container ...
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UPS unveils new boss for the UK, Ireland and the Nordics
UPS has named Mark Vale as president of UPS UK, Ireland and Nordics, responsible for all US-based parcel and logistics giant's operations in seven European countries and more than 11,000 employees.“We are investing in our network in Europe, including the UK, Ireland and the Nordics,” said Lou Rivieccio, recently promoted ...
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Rivieccio named as European supremo for UPS
UPS has named Lou Rivieccio as president of UPS Europe, responsible for all the US parcel and logistics giant's operations in 56 countries and territories and more than 49,000 employees.UPS said that Rivieccio takes the helm at "a time of growth" for the group's largest region outside the USJim Barber, ...
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UPS appoints new VP of global healthcare
UPS has appointed Chris Cassidy as vice president of global healthcare logistics strategy.In his new role, he will "lead and advance" UPS’s commitment to the healthcare supply chain.Cassidy possesses more than 18 years of global logistics and business change experience, holding various supply chain operations, strategy and transformation roles at ...
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UPS sees Q1 revenues improve but operating profits hit by winter weather
Express giant UPS recorded improvements in revenues and net profits in the first quarter of the year, but operating profits declined partly due to harsh winter weather.The Atlanta-headquartered firm saw revenues increase by 10.3% year on year to $17.1bn driven by its supply chain and freight, and international package businesses.Net ...
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UPS appoints George Willis as president of US Operations
UPS has appointed George Willis to the position of president of US Operations, effective May 1.Willis, a 30 year veteran of UPS operations, will report to Jim Barber, UPS chief operating officer. Willis will join UPS’s Management Committee, the most senior leadership group in the company. Willis succeeds Myron Gray ...
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UPS turns to wet lease aircraft to bridge the growth gap
UPS has turned to wet leased aircraft as it tries to keep up with express and cargo demand growth ahead of new aircraft deliveries.The express giant said that it is adding 35 aircraft to its fleet over the next four years, including nine in 2018.This fleet expansion will add more ...
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UPS names Barber as new chief operating officer
UPS has appointed Jim Barber as its new chief operating officer.Barber will assume responsibility for the company’s global small package, freight, supply chain and freight forwarding units and engineering.Also, Nando Cesarone has been named international president, replacing Barber and joining UPS’s management committee.Barber has served as president of UPS International ...
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UPS sues EC for €1.7bn over blocked TNT takeover
UPS is suing the European Commission for €1.7bn over its decision to block the takeover of TNT in 2013, a decision that was later overturned.In court documents seen by Air Cargo News, the express giant claims the European Commission should compensate it for damages incurred by the decision to block ...
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Dutch shipper groups respond to plans to merge Schiphol Cargo
Three leading Dutch shipper and forwarder groups have said they hope the merger of Schiphol's cargo and aviation marketing divisions will have "no negative consequences" for air cargo and have called for talks with the hub.Last week news emerged that from April 1 Schiphol will combine the two divisions led ...
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UPS expands express service
UPS has expanded its Worldwide Express package service to more than 124 countries and territories, adding 57 new countries and territories last year.The UPS Worldwide Express service offers guaranteed delivery in 1-3 business days by 10:30am, noon, or 2pm, depending on the destination.In 2017, the UPS Express service was added ...
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It's blooming busy at UPS this Valentine's Day
UPS is preparing for a blooming busy few days as it expects to deliver more than 88m flowers for Valentine’s day.The express giant said it expects to handle more than 8m pounds of flowers for US consumers ahead of the romantic celebration, which is enough to fill 64 widebody Boeing ...
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UPS launches midday express commit time to 35 countries
Supply chain company UPS has introduced UPS Worldwide Freight Midday (an addition to the UPS Worldwide Express Freight service), which offers a commit time of 12pm or 2pm from 71 origin countries to 35 destination countries.The service provides guaranteed, time-definite delivery from door to door in 1 to 3 days ...
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UPS to open new facility in US – Mexico Borderplex
North America’s Borderplex – a tri-state, bi-national region that includes El Paso and Las Cruces in the US state of New Mexico and Ciudad Juárez, Chihuahua in Mexico – will be home to a new $41m UPS package operations centre located near El Paso International Airport by the end of ...
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UPS expands biological shipment programme
UPS has expanded its International Special Commodities (ISC) programme in line with expanded demand for pharma shipments.The expansion means that customers can ship biological substances, dangerous goods in excepted quantities, and shipments utilising dry ice via UPS to more than 50 additional international destinations.This brings the total number of countries ...
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UPS: direct and daily to Dubai with freighter operation
Having taken delivery of three new Boeing 747-8 freighter aircraft in 2017, UPS is deploying one of them on a daily non-stop flight from its Worldport hub in Louisville, Kentucky to Dubai.The service is currently flown on a weekly basis and will begin operating Tuesday through Saturday from February 27.Jim ...
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UPS adds to B747-8F order as it beefs up fleet for growth
UPS has ordered an additional 14 Boeing B747-8F cargo jets and four new Boeing 767F aircraft to provide additional capacity in response to demand growth.All of the new aircraft will be added to the existing fleet and no existing aircraft are being replaced.The aircraft will be delivered on an expedited ...
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UPS sees growth accelerate in 2017
Express giant UPS saw both revenues and profits accelerate last year, with the improved performance led by its supply chain and freight division.In total, UPS saw revenues for 2017 increase by 8.2% year on year to $65.9bn, while operating profits were up 37.7% on 2016 to $7.5bn and net income ...