UPS News

Hundreds gather in Santee for candlelight vigil for beloved UPS driver – ABC 10

Heartfelt words and cherished memories and photos were shared at a candlelight vigil for Steve Krueger on Thursday night in Santee.

Krueger was killed in the deadly plane crash that happen near the intersection of Jeremy Road and Greencastle Street on Monday.

Hundreds of candles shined bright as speakers, friends and family of Kruger spoke about him.

“He’s the kind of guy that would come to work talk to anybody, would ring up a conversation with anybody just laugh never in a bad spirit,” Robert Moreno, a UPS colleague of Krueger’s said.


UPS, ST Engineering announce new partnership for aircraft engineers in Pensacola- MSN

UPS and ST Engineering announced a new partnership Thursday.

Both companies signed a deal to create a pipeline for aspiring aircraft engineers to eventually work for UPS.

The program will allow students to learn about and maintain UPS planes that are sent to Pensacola for repair.

Once they complete ST Engineering’s program, they will have the option to interview for a job with UPS.

Industry News UPS News

UPS and FedEx looking to hire almost 200,000 combined positions across the country – Fox 59

Logistics companies like FedEx and UPS are making a major hiring push ahead of the holiday season. It’s designed to make sure your packages get there on time.

“I don’t think any company is indifferent to what is going on right now,” explains Robert Morrow, the UPS Ohio Valley District Human Resources Vice President. “We are looking for a lot of people in the Indianapolis area across all job groups.”

FedEx is looking to hire 90,000 thousand positions nationwide, and that includes 6,000 in the Indy area. UPS is hoping to hire 100,000 holiday positions with roughly 3,000 in Central Indiana.

“We have tuition reimbursement for our employees, and we just offered a referral bonus for employees where they can get $200 for any person they refer,” adds Morrow.

UPS News

UPS stock jumps after Stifel analyst said it has gotten cheap enough to buy again – Marketwatch

With strong free cash flow and a healthy dividend yield, valuation was analyst’s only ‘hangup’ on the stock ​

Shares of United Parcel Service Inc. delivered healthy gains Thursday, after Stifel Nicolaus analyst Bruce Chan said their recent selloff, despite continued strong fundamentals and e-commerce growth, has presented investors with a “good opportunity” to buy.

The package delivery giant’s stock rose 3.7% in morning trading. It has now bounced 6.9% since closing at a 5 1/2-month low $178.42 on Oct. 4, but was still 12.3% below its May 7 record close of $217.50.

Stifel’s Chan raised his rating to buy, just about four months after downgrading to hold, saying “there’s a lot to like about the fundamental UPS story right now.” He boosted his stock price target to $224 from $210.

“Despite tough [year-over-year comparisons], e-commerce continues to drive secular volume growth in the company’s core small package unit, and continued yield management focus is a boon in an environment with ample near-term rate momentum, in our view,” Chan wrote in a research note to clients.

UPS News

Residential UPS Next Day Air Deliveries Will be Later During 2021 Holiday Season – eSeller365

UPS issued an operational adjustment to its UPS Next Day Air service guarantee that will impact shipments during the busy holiday season and possibly beyond.

The company announced that its delivery commitment times for UPS Next Day Air destined for residential locations with a typical delivery time of 10:30 AM will be extended to 12:00 PM and any Service Guarantee applicable to these shipments will be based on the revised delivery commitment times.

This new delivery time adjustment will become effective on Monday, October 2021 and will be in place until further notice.

As a reminder, UPS had reinstated most of its service guarantees for its most common parcel delivery services earlier this year that it had implemented on March 26, 2020, due to the Covid-19 pandemic.