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United States

United Parcel Service Inc (UPS.N)

UPS.N on New York Stock Exchange

105.05USD
24 Mar 2017
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$-0.60 (-0.57%)
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Latest Key Developments (Source: Significant Developments)

UPS found liable after NY cigarette shipments trial, damages to be determined later
4:06pm EDT 

U.S. Judge Rules Against United Parcel Service : In New York lawsuit over alleged illegal shipments of cigarettes -- court ruling . Judge says New York State, New York City are entitled to compensatory damages and monetary penalties in amounts to be determined . Judge says UPS violated its obligations under a 2005 agreement governing cigarette shipments . Judge says plaintiffs are not entitled to injunctive relief or the appointment of a monitor . Decision issued by U.S. District judge katherine forrest in manhattan, following a non-jury trial.  Full Article

UPS CEO David Abney's 2016 total compensation $13.7 mln vs $11.3 mln in 2015
Monday, 13 Mar 2017 05:58pm EDT 

Ups : Ups - ceo david p. Abney's 2016 total compensation was $13.7 million versus $11.3 million in 2015 - sec filing .Cfo richard peretz's fy 2016 total compensation was $5.1 million - sec filing.  Full Article

UPS says will build new regional operations hub in Salt Lake City
Thursday, 23 Feb 2017 09:30am EST 

United Parcel Service Inc : UPS- will build a new regional operations hub in salt lake city . UPS - when completed in late 2018, new 840,000 square foot facility will process 69,000 packages per hour .UPS says Salt Lake facility a $275 million project.  Full Article

UPS announces long-term financial targets, logistics expansion plan
Tuesday, 21 Feb 2017 10:15am EST 

United Parcel Service Inc : UPS accelerates transformation of its smart logistics network . Announced plans to expand its U.S. Delivery and pickup schedule to include six days for ground shipments . Highlights for 2018 and 2019 long-term financial targets include revenue growth 4% to 6% over period . Highlights for 2018 and 2019 long-term financial targets include adjusted diluted earnings per share up 5% to 10% . Will offer Saturday delivery options to largest metropolitan areas and has started rollout throughout U.S. .Highlights for 2018, 2019 long-term financial targets include planning $1 billion to $1.8 billion in annual share repurchases.  Full Article

UPS board increases quarterly dividend
Wednesday, 8 Feb 2017 04:15pm EST 

UPS : UPS board increases quarterly dividend .Sets regular quarterly dividend of $0.83 per share.  Full Article

UPS says severe weather impacting service in areas of California
Tuesday, 10 Jan 2017 11:16am EST 

United Parcel Service Inc : United Parcel Service Inc says severe weather impacting service in areas of california .United Parcel Service Inc says there will be no pickups or deliveries on Tuesday in the affected areas of California.  Full Article

UPS acquires Freightex to accelerate expansion of U.K. and European truckload brokerage business
Monday, 9 Jan 2017 07:00am EST 

United Parcel Service Inc : Terms of January 3rd, 2017 transaction were not disclosed. . UPS acquires Freightex to accelerate expansion of U.K. and European truckload brokerage business .Deal immediately establishes UPS's presence in growing U.K. And European third-party logistics over-the-road brokerage transportation market.  Full Article

UPS, Optoro form strategic alliance to enhance retail reverse logistics services
Wednesday, 21 Dec 2016 08:05am EST 

United Parcel Service Inc : United Parcel Service Inc - terms of transaction were not disclosed .UPS and Optoro form strategic alliance to enhance retail reverse logistics services.  Full Article

United Parcel service announces its first ebike in U.S.
Wednesday, 7 Dec 2016 09:00am EST 

United Parcel Service Inc : United Parcel Service Inc - Announced its first ebike in U.S. .United Parcel Service Inc - Electrically-assisted tricycle began delivering packages in Portland, Ore., on November 21.  Full Article

United Parcel Service launches a beta version of a chatbot which helps users find UPS locations, get shipping rates and track packages
Monday, 21 Nov 2016 09:00am EST 

United Parcel Service Inc : United Parcel Service Inc - launched a beta version of a chatbot which helps users find UPS locations, get shipping rates and track packages .United Parcel Service Inc - UPS chatbot is available through Facebook messenger, Skype and Amazon platforms.  Full Article

More From Around the Web

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Judge finds UPS liable to New York over cigarette shipments

NEW YORK A federal judge on Friday held United Parcel Service Inc liable for having illegally shipped hundreds of thousands of cartons of untaxed cigarettes in New York, depriving the state and New York City of millions of dollars of taxes.