Archive | UPS News

United Parcel Service, Inc: Pilots Union Prepares For Negotiations – Bidness Etc.

United Parcel Service, Inc.’s pilots union – the Independent Pilots Association (IPA) – has announced to launch media tours of its recently opened strike operations center in Louisville, Kentucky. The association will have an open house next week on Tuesday, April 19 from 11AM to 1PM EDT. President IPA Captain Robert Travis and its General Counsel William Trent will conduct the open house tours.

The strike operation center and the open house are tactics to gain media attention. The IPA represents about 2,500 UPS pilots and has been trying to settle negotiations between the union and UPS for the past five years. The announcement from the union comes just weeks ahead of UPS’ first-quarter earnings call scheduled for April 28.

United Parcel Service: Driving down Memory Lane – Market Realist

United Parcel Service traces its origins to a humble beginning by two teenagers in 1907. Claude Ryan and Jim Casey started the American Messenger Company with a $100 loan and a Seattle basement. They carried notes and made home deliveries on foot and by bicycle, beginning their specialized business of parcel and message delivery. Today’s UPS relies on the pair’s core values of neatness, reliability, courtesy, and ethical practices.

UPS’s Dividend Cushion Not Bad, Worth A Look – Seeking Alpha

Summary

  • We’re huge fans of UPS’s worldwide integrated network, respected brand and consistent free cash flow generation. It has superior scale and efficiencies.
  • The company benefits from over 100 years of improvement and investment. Its culture is one of continual reinvention. The firm reported record international operating profit in 2015.
  • Revenue management initiatives, including pricing, will be key drivers behind expected profit expansion. International shipment growth will also offer a nice tailwind to performance.
  • Let’s take a look at the firm’s investment considerations as we walk through the valuation process and derive a fair value estimate for shares

Is UPS’ Business About to Fall Off a Cliff? – Motley Fool

In UPS’ annual 10-K filing for 2015, the company states that “no single customer accounts for 10% or more of our consolidated revenue” and that therefore “we do not believe that the loss of any single customer would materially impair our overall financial condition or results of operations.” Nonetheless, a number of UPS investors have become rather concerned about the prospect that Amazon.com could reduce its reliance on UPS, with the former seemingly focused on increasing its in-house shipping capabilities, which could mean its demand for UPS’ services will decline. Should investors really be worried?