UPS, FedEx and Christmas
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Although SMB daily volume declined by 2.2% in the third quarter compared to the same period of last year, it rose as a share of total U.S. volume to 32.8% from 29.4% in the third quarter of 2024. Management's long-term aim is to get it to 40%.
United Parcel Service Inc. will invest $120 million in 400 robots used to unload trucks, according to people familiar with the matter, revealing new details on the logistics giant’s $9 billion automation plan that aims to boost profits by decreasing labor costs.
United Parcel Service (UPS) says it is investing $120 million to purchase 400 robots that will unload its delivery trucks as part of a broader $9 billion automation initiative.
UPS stock is rated a "Buy" given its attractive valuation, robust 6.5% yield, improved margins, and technical support. Learn more about the shipping company.
UPS said Tuesday it will cut 12,000 jobs, with the mass layoff coming only months after the delivery company averted a massive strike by agreeing to a new labor contract. The Teamsters in August voted to approve a tentative five-year contract agreement ...
In a lawsuit, the state’s attorney general, Letitia James, said UPS had “repeatedly and persistently” failed to pay seasonal workers for all of the time they spent on the job.
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UPS Driver Films Herself Concealing Packages for Unexpected Reason Ahead of the Holidays (Exclusive)
One UPS driver is going viral for wrapping up gifts shipped in obvious packaging before delivering them to their destination – determined to save Christmas for the kids in her neighborhood.
New York Attorney General Letitia James said UPS "played the Grinch" by allegedly shorting seasonal workers on their pay.