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UPS Reports $5 Billion Share Repurchase Program
UPS Says Co Is Paying Close Attention To The Delta Variant Of COVID-19 And Inflationary Pressures - Conf Call
UPS Posts Q2 Adjusted Earnings Per Share $3.05
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. U.S. Domestic Package and International Package are together referred to as global small package operations, which provides delivery services for express letters, documents, packages and palletized freight via air and ground services. The International Package segment includes the small package operations in Europe, Asia-Pacific, Canada, Latin America and Indian Subcontinent, Middle East and Africa (ISMEA). Supply Chain & Freight consists of its forwarding, truckload brokerage, logistics and distribution, UPS Freight, UPS Capital and other businesses. Its services include transportation, distribution, contract logistics, ground freight, ocean freight, air freight, customs brokerage and insurance.
55 Glenlake Parkway Ne
William R. Johnson
Independent Non-Executive Chairman of the Board
Carol B. Tome
Chief Executive Officer, Director
Chief Financial Officer, Treasurer
President of U.S. Operations
Philippe R. Gilbert
President of UPS Supply Chain Solutions
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* Healthcare workers and elderly will be first to get vaccine
Cyber attacks have been waged against COVID-19 vaccine distribution infrastructure, including a cold-chain storage company, U.S. Senator Gary Peters said on Thursday.
FedEx Corp - and its rival United Parcel Service Inc - have enough air cargo capacity handle COVID-19 vaccine deliveries, FedEx Americas President Richard Smith said on Tuesday.
United Parcel Service Inc's quarterly profit beat expectations on Wednesday, but shares sank 5.5% as investors fretted over a margin squeeze from pandemic-fueled e-commerce deliveries.
United Parcel Service Inc posted an 11.8% rise in quarterly profit on Wednesday owing to a pandemic-fueled surge in home deliveries.
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 and FedEx 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 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, giving rival United Parcel Service Inc 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
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.
Amazon.com Inc will suspend a delivery service that aims to compete with UPS and FedEx 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.
United Parcel Service Inc for the first time in its 113-year history will be led by a chief executive who did not rise through the ranks of the world's biggest parcel delivery firm.
United Parcel Service Inc on Thursday named former Home Depot executive Carol Tomé as chief executive officer, effective June 1.
U.S. package delivery companies United Parcel Service Inc and FedEx Corp warned on Tuesday that the coronavirus outbreak could disrupt shipment of goods in affected countries and possibly weigh on their first-quarter results.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.