Archive | UPS News

UPS Board Announces Quarterly Dividend – Yahoo

The UPS Board of Directors today declared a regular quarterly dividend of $0.67 per share on all outstanding Class A and Class B shares.

The dividend is payable June 6, 2014, to shareowners of record on May 19, 2014.

UPS shareholders reject lobby proposal – Yahoo

Shareholders of United Parcel Service Co. rejected proposals at the annual meeting for increased disclosure of lobbying activities and a change in the voting power of preferred stock.

The voting proposal would have reduced the power of Class A stock to one vote per share from the current 10 votes. About 75 percent of voting power is held by Class A owners, including officers and former employees.

Amazon’s Going the Extra Mile to Deliver Your Packages – Motley Fool

Amazon.com is testing its own in-house delivery service in a few key cities like San Francisco, Los Angeles, and New York. According to The Wall Street Journal, the company hopes to save money and reduce delivery times by cutting out package delivery companies like United Parcel ServiceĀ  and FedEx.
At first glance, the prospect of having Amazon.com go its own way might seem like a big problem for UPS and FedEx. In reality, while Amazon may “insource” some deliveries, most of its packages will continue to be delivered by other companies for the foreseeable future. Moreover, other retailers will become ever more reliant on UPS and FedEx to compete with Amazon.

UPS in West Columbia unveils new products in push to attract new clients – The State

Shipping and logistics giant United Parcel Service on Thursday used its annual Air Hub Client event and tour day in Columbia to roll out new products and go after a larger share of the global freight market.

Shipping and logistics giant United Parcel Service on Thursday used its annual Air Hub Client event and tour day in Columbia to roll out new products and go after a larger share of the global freight market.

The company touted its new Worldwide Express Freight service, which it said provides guaranteed either way delivery of palletized international shipments to 40 countries in one to three business days.

UPS also unveiled an expanded import control service Thursday that it said gives customers complete visibility of a shipment from the time it leaves a supplier to the time it reaches them.

GSA awards shipping contract to UPS, FedEx – Federal Times

The General Services Administration has awarded its third-generation domestic delivery blanket purchase agreement to the United Parcel Service (UPS) and Federal Express (FedEx).

The strategic sourcing agreement gives agencies low prices for shipping items across the country, according to GSA spokeswoman Cara Battaglini.