Pregnant Workers Backed by U.S. Supreme Court in UPS Case – Bloomberg

The U.S. Supreme Court backed the rights of pregnant workers, reviving a lawsuit by a former United Parcel Service Inc. driver who had to leave her job after her doctor recommended she not lift heavy items.

The justices, voting 6-3, sent the case back for a possible trial, which would center on UPS’s reasons for refusing to offer Peggy Young light-duty work even while giving temporary assignments to workers recovering from on-the-job injuries.

UPS contended that the Pregnancy Discrimination Act leaves room for companies to have neutral policies like seniority systems and special preferences for workers who are injured on the job. A federal appeals court had backed UPS and thrown out the suit.

Delivery drones face technical hurdles on path to doorstep – The Australian

COMPANIES hoping to use drones to deliver small packages are confronting technical hurdles such as battery life and weather that are at least as vexing as proposed US regulatory limits.

Retail and shipping companies including Amazon.com, Alibaba Group, and Deutsche Post have been among the most enthusiastic supporters, seeing drones as potentially transforming their businesses.

But hurdles including short battery life and unreliable location data suggest it could be years before armies of drones replace FedEx and UPS vans. Companies also face obstacles such as bad weather, aggressive birds and gun-toting neighbours.

UPS CEO’s 2014 Total Compensation More Than Doubles – RTT News

Abney received a total compensation of $8.36 million, including base salary, stock grants and incentives in 2014, compared to the $4.08 million he received in 2013, and $5.33 million he got in 2012.

UPS said the executive compensation increases reflect a change in the company’s long-term incentive performance award program and changes in pension value stemming from lower discount rates and changes in other assumptions.

FedEx Saying We’re No UPS Fails to Erase Stock Slump – Bloomberg

Minutes after UPS sent its stock tumbling with a surprise warning that fourth-quarter profit was cut by surging costs, FedEx took an unusual step.

The competing package-delivery company issued a succinct statement meant to reassure investors: We’re sticking with our forecast for 2015 profit. FedEx Corp.’s per-share earnings will be $8.50 to $9 this year, same as the company said before. That assumes moderate economic growth and a modest benefit from falling fuel prices.

The message was clear. FedEx wants to avoid being compared with United Parcel Service Inc., which suffered after spending a fortune to ensure that packages get delivered on time during the year-end peak-demand season. Sure, UPS avoided the delays that marred the 2013 holiday. Even so, margins were crimped by all those increased expenses for a system that wasn’t fully utilized some days.

UPS Recommends Rejection of ‘Mini-Tender’ Offer from TRC Capital Corporation

UPS (NYSE: UPS) has received notice of an unsolicited “mini-tender” offer by TRC Capital Corporation to purchase up to 1,500,000 shares of UPS’s Class B common stock, or approximately 0.2% of the outstanding Class B shares as of February 18, 2015. TRC Capital’s unsolicited “mini-tender” offer price of $95.25 per share is approximately 4.4% below the $99.67 per share closing price of UPS’s Class B common stock on March 12, 2015.

UPS is issuing this press release in an effort to ensure that UPS shareowners are made aware of the potential adverse consequences of participating in the TRC offer. The company wants shareowners to be well informed so they are able to make prudent decisions about their share ownership.