UPS News Updates

Business

UPS Has Data Breach at 51 Stores

UPS Inc. said 51 of its UPS Store franchise service locations have been victimized by a data breach that revealed some customers’ personal information.

August 21, 2014
Business

UPS Reports 2nd-Quarter Growth, Plans Operational Improvements

UPS Inc. said its second-quarter profit improved 4.5% to $1.12 billion, excluding a one-time pension charge, driven by revenue growth in every sector.

August 4, 2014
Business

UPS Sets 20% Carbon Emission Reduction Goal

UPS Inc. has set a goal of reducing carbon emissions 20% by 2020 after meeting its previous emissions reduction goal early, the package carrier said.

July 30, 2014
Business

UPS’ 2Q Profit Improves, Excluding Pension Charge

UPS Inc.’s second-quarter profit improved 4.5% to $1.12 billion, excluding a one-time pension charge, driven by revenue growth in all of its shipping segments.

July 29, 2014
Business

UPS Plans to Invest $1 Billion in European Operations

UPS Inc. plans to invest $1 billion in its European operations in the next three to five years, chief financial officer Kurt Kuehn told a German newspaper, Reuters reported.

July 2, 2014
Business

UPS to Use Dimensional Pricing for All Packages

UPS Inc. said it plans to begin using dimensional pricing to calculate rates for all ground shipments, as  carriers shift pricing strategy to match lighter-weight packages.

June 17, 2014
Business

UPS Names David Abney CEO, Effective Sept. 1

UPS Inc. named David Abney its new CEO, effective Sept. 1, succeeding Scott Davis, 62, who has been the company’s chairman and CEO since 2008.

June 6, 2014
Business

Severe Winter Cuts UPS Earnings; Package Unit Hurt Most by Storms

UPS Inc. last week said its first-quarter net income fell 12%, as higher costs triggered by bad winter weather cut companywide profitability by $200 million.

April 28, 2014
Business

UPS Reports Lower 1Q, Citing Bad Weather, Higher Expenses

UPS Inc. reported lower first-quarter income from a year ago, citing severe weather and higher expenses.

April 24, 2014
Business

UPS Expands Capacity at Three North American Facilities

UPS Inc. said it has expanded capacity at facilities in Calgary, Alberta; Hebron, Ky.; and Mira Loma, Calif., driven by demand in the retail, manufacturing and health-care industries.

April 14, 2014