Edition:
United States

United Parcel Service Inc (UPS.N)

UPS.N on New York Stock Exchange

97.28USD
18 Dec 2018
Change (% chg)

$0.41 (+0.42%)
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Latest Key Developments (Source: Significant Developments)

UPS To Construct New $200 Mln Operations Facility In Caledon, Ontario
Tuesday, 20 Nov 2018 10:15am EST 

Nov 20 (Reuters) - United Parcel Service Inc ::UPS - CONSTRUCTION OF A NEW $200 MILLION, 850,000 SQ. FT. UPS FACILITY IN CALEDON, ONT. IS UNDERWAY.UPS - THE FACILITY IS ANTICIPATED TO OPEN IN LATE 2020.  Full Article

UPS Q3 Earnings Per Share $1.73
Wednesday, 24 Oct 2018 07:00am EDT 

Oct 24 (Reuters) - United Parcel Service Inc ::3Q18 EARNINGS PER SHARE UP MORE THAN 20%.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $7.03 TO $7.37.Q3 ADJUSTED EARNINGS PER SHARE $1.82.Q3 EARNINGS PER SHARE $1.73.RAISING FREE CASH FLOW GUIDANCE TO OVER $5B AND REAFFIRMING ADJUSTED EPS.CAPITAL EXPENDITURES IN 2018 REMAIN PLANNED BETWEEN $6.5 BILLION AND $7.0 BILLION.AS PREVIOUSLY GUIDED, UPS EXPECTS 4Q18 ADJUSTED EPS TO INCREASE ABOUT 15 PERCENT.QTRLY REVENUE $17,444 MILLION VERSUS $16,173 MILLION.QTRLY U.S. DOMESTIC SEGMENT REVENUE $10,437 MILLION VERSUS $9,651 MILLION.FY2018 EARNINGS PER SHARE VIEW $7.25 -- THOMSON REUTERS I/B/E/S.Q3 EARNINGS PER SHARE VIEW $1.82, REVENUE VIEW $17.49 BILLION -- THOMSON REUTERS I/B/E/S.INTERNATIONAL SEGMENT OPERATING PROFIT INCLUDES HEADWINDS PRIMARILY FROM CURRENCY, FUEL, & SOME ECONOMIC SOFTENING RELATED TO CHANGING TRADE POLICIES.Q3 RESULTS BENEFITED FROM SEVERAL DISCRETE ITEMS, INCLUDING TAX THAT HELPED TO OFFSET UNPLANNED INTERNATIONAL HEADWINDS FROM CURRENCY AND FUEL.  Full Article

UPS Launches Technology Company Ware2Go
Tuesday, 28 Aug 2018 09:00am EDT 

Aug 28 (Reuters) - United Parcel Service Inc ::UPS LAUNCHES TECHNOLOGY COMPANY AND PLATFORM TO MATCH MERCHANT NEEDS WITH FLEXIBLE FULFILLMENT.UPS - LAUNCH OF WARE2GO.  Full Article

Teamsters Local 2727 Says UPS Aircraft Mechanics Secured Significant Raises In Pay
Tuesday, 14 Aug 2018 11:13am EDT 

Aug 14 (Reuters) - Teamsters Local 2727 :TEAMSTERS LOCAL 2727 - UPS AIRCRAFT MECHANICS & RELATED EMPLOYEES SECURED SIGNIFICANT RAISES IN PAY, IMPROVED RETIREMENT SECURITY, AMONG OTHERS.TEAMSTERS LOCAL 2727-TENTATIVE AGREEMENT WITH UPS INCLUDE INCREASES IN PAY FOR MECHANICS & RELATED EMPLOYEES, INCLUDING IMMEDIATE 16 PERCENT PAY INCREASE.TEAMSTERS LOCAL 2727 - MEMBERS WILL VOTE WHETHER TO RATIFY AGREEMENT IN A SECRET BALLOT REFERENDUM, CONDUCTED IN SEPTEMBER.TEAMSTERS LOCAL 2727 - TENTATIVE DEAL INCLUDE 3 PERCENT RAISES EACH YEAR, RESULTING IN 30.7 PERCENT INCREASE IN PAY FROM CURRENT RATES BY END OF CONTRACT.TEAMSTERS LOCAL 2727 - NEW TENTATIVE AGREEMENT WITH UPS ALSO INCLUDE AN INCREASE IN UPS'S PENSION CONTRIBUTIONS.TEAMSTERS LOCAL 2727 - AGREEMENT INCLUDE RETROACTIVE PAY FOR ALL HOURS WORKED FROM NOVEMBER 1, 2013 TO DATE OF RATIFICATION.  Full Article

UPS Says Recorded Charge Of $263 Mln In Q2, Primarily Due To Voluntary Retirement Plan Expense
Tuesday, 24 Jul 2018 04:30pm EDT 

July 24 (Reuters) - United Parcel Service Inc ::UPS ANNOUNCES VOLUNTARY RETIREMENT PLAN RESULTS.UPS - UPS RECORDED A PRE-TAX TRANSFORMATION CHARGE OF $263 MILLION IN Q2, DUE PRIMARILY TO VRP SEVERANCE EXPENSE.UPS - UPS RECORDED A PRE-TAX TRANSFORMATION CHARGE OF $263 MILLION IN Q2.UPS - UNDER VRP, A SELECT GROUP OF U.S. BASED, RETIREMENT-ELIGIBLE EMPLOYEES WERE OFFERED A FINANCIAL BUYOUT TO RETIRE.UPS - PRE-TAX TRANSFORMATION CHARGE OF $263 MILLION IN Q2, DUE PRIMARILY TO VRP SEVERANCE EXPENSE.UPS - PARTICIPANTS IN PLAN WILL DEPART ON A STAGGERED SCHEDULE OVER NEXT TWELVE MONTHS TO MAINTAIN BUSINESS CONTINUITY.UPS - INITIATIVE WILL REDUCE UPS HEADCOUNT AND LOWER ONGOING STAFFING EXPENSE.UPS - AT FULL RUN RATE, INITIATIVE WILL GENERATE ANNUAL SAVINGS OF AROUND $200 MILLION.  Full Article

UPS Pilots In-Building Apartment Deliveries Through Latch Smart Access Devices
Tuesday, 17 Jul 2018 09:00am EDT 

July 17 (Reuters) - United Parcel Service Inc ::UPS PILOTS IN-BUILDING APARTMENT DELIVERIES THROUGH LATCH SMART ACCESS DEVICES.UPS - BEGUN A PILOT WITH LATCH SMART ACCESS DEVICES TO ENABLE IN-BUILDING DELIVERIES TO MULTI-UNIT HOMES IN NEW YORK CITY.  Full Article

UPS And International Brotherhood Of Teamsters Sign New Freight Agreement
Friday, 13 Jul 2018 09:17am EDT 

July 13 (Reuters) - United Parcel Service Inc ::UPS AND INTERNATIONAL BROTHERHOOD OF TEAMSTERS REACH TENTATIVE NEW NATIONAL MASTER UPS FREIGHT AGREEMENT.UPS - FIVE-YEAR AGREEMENT COVERS ABOUT 11,000 TEAMSTERS-REPRESENTED UPS FREIGHT EMPLOYEES.UPS - NEW AGREEMENTS WILL GO INTO EFFECT AUGUST 1, 2018, ONCE RATIFIED BY EMPLOYEES.UPS - DISCUSSIONS WITH TEAMSTERS CONTINUE FOR SMALL PACKAGE SUPPLEMENTS,LOCAL AGREEMENTS.  Full Article

Teamsters UPS National Negotiating Committee Says Reaches Settlement In Principle On National Master UPS Agreement
Thursday, 21 Jun 2018 11:55pm EDT 

June 21 (Reuters) - Teamsters-:TEAMSTERS UPS NATIONAL NEGOTIATING COMMITTEE SAYS REACHES SETTLEMENT IN PRINCIPLE ON NATIONAL MASTER UPS AGREEMENT.TEAMSTERS SAYS FOR PART-TIME UPS WORKERS, NEW GENERAL WAGE INCREASES TOTAL $4.15 OVER THE FIVE-YEAR AGREEMENT WITH NO SPLIT WAGE INCREASES.TEAMSTERS -FOR PART-TIME UPS WORKERS THERE WILL BE A START RATE THAT INCREASES IN EACH YEAR,FROM $13 ON AUGUST 1, 2018, REACHING $15.50 ON AUGUST 1, 2022.TEAMSTERS -INCREASES TO UPS FULL-TIME PROGRESSION RATES AND GENERAL WAGE INCREASES HAVE BEEN TENTATIVELY AGREED TO, TOTALING $4.15 OVER LIFE OF AGREEMENT.TEAMSTERS SAYS THE TERM OF THE NATIONAL AGREEMENT IS SET AT FIVE YEARS, EXPIRING ON JULY 31, 2023.  Full Article

UPS Canada Increases Alternative Energy Fleet
Thursday, 21 Jun 2018 04:55pm EDT 

June 21 (Reuters) - United Parcel Service Inc ::UPS® CANADA INCREASES ITS ALTERNATIVE ENERGY FLEET.UPS CANADA - SEVEN CNG HIGHWAY TRACTORS & 40 DELIVERY TRUCKS WERE ADDED TO CURRENT CANADIAN FLEET OF OVER 2,900 PACKAGE CARS, TRACTORS & SHIFTERS.  Full Article

UPS Adds More Than 700 Vehicles To Its Natural Gas Fleet
Tuesday, 19 Jun 2018 08:30am EDT 

June 19 (Reuters) - United Parcel Service Inc ::UPS ADDS MORE THAN 700 VEHICLES TO ITS NATURAL GAS FLEET.UPS - $130 MILLION DOLLAR INVESTMENT IN CNG CAPACITY FOR 2018 BUILDS ON PREVIOUS UPS INVESTMENTS OF $100 MILLION DOLLARS IN 2016 AND $90 MILLION DOLLARS IN 2017.  Full Article

Deliv signs up 20 new U.S. retailers for same-day delivery

Deliv Inc, which uses contract drivers to deliver online orders from stores and malls for a fee, said on Thursday it is partnering with twenty new U.S. retailers including Nike and Bed Bath & Beyond as demand for same-day delivery surges.