UPS Inc. said Tuesday that its second-quarter earnings dipped from a year ago, and the company predicted its earnings would rise by 4% to 13% in the second half of the year.
July 23, 2013Business
UPS Profits Dip 4% to $1.07 Bln. on Slumping International Freight
UPS Inc.’s second-quarter net income fell 4% to $1.07 billion from a year earlier, weighed down, company officials said, by slumping international freight forwarding and some customer hesitation to make package shipping commitments during Teamsters union contract talks.
July 29, 2013Business
UPS’ 2Q Earnings Dip
Business
UPS Cuts Full-Year Earnings Forecast
UPS Inc. said Friday it is reducing its full-year earnings forecast, citing a slowing U.S. economy.
July 12, 2013Business
UPS, Teamsters Agree to Extend Contract While Supplements Negotiated
UPS Inc. and the Teamsters union agreed to extend their contract that had been due to expire July 31 to allow more time to resolve rejected side agreements to the master contract that was passed by a narrow margin.
July 1, 2013Business
UPS Launches Service for High-Value, Temperature-Sensitive Shipments
UPS Inc. launched a service to help ensure that high-value time and temperature-sensitive shipments reach their destinations on time.
June 28, 2013Business
UPS to Purchase 285 Natural-Gas Powered Trucks in 2014
UPS Inc. said it will purchase 285 more natural-gas powered trucks in 2014 for its small-package delivery business, Bloomberg News reported.
June 27, 2013Business
Teamsters See UPS Package Contract Headed for Approval
The Teamsters union said that the master contract for its UPS Inc. package workers appears headed for rank-and-file approval, and that talks will resume with the package carrier to resolve issues that were rejected in side agreements.
June 26, 2013Business
Teamsters Locals Reject UPS Freight Contract
For the first time, UPS Freight Teamsters have rejected the contract negotiated on their behalf by union leaders, the union announced.
June 25, 2013Business
UPS Freight Sets 5.9% Rate Increase
UPS Freight, the less-than-truckload unit of UPS Inc., said it will raise its rates 5.9%, effective June 10.
June 3, 2013Business
Teamsters’ Local Leaders Endorse UPS Agreement
Leaders of Teamsters union locals that represent UPS Inc. workers across the United States voted unanimously to endorse the tentative five-year agreement recently reached between UPS and the Teamsters.
May 7, 2013