UPS News

3 Reasons Why UPS (UPS) Is a Great Growth Stock – NASDAQ

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market’s attention and produce exceptional returns. However, it isn’t easy to find a great growth stock.

By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company’s growth story is over or nearing its end, betting on it could lead to significant loss.

However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company’s real growth prospects.

Our proprietary system currently recommends United Parcel Service (UPS) as one such stock. This company not only has a favorable Growth Score, but also carries a top Zacks Rank.

UPS News

UPS Lifts 2,184 Oxygen Concentrators to India; Air India to Distribute Across Indian Cities – The Moore County News Press

The first major batch of oxygen concentrators has left Atlanta by air to Delhi. Thanks to UPS Foundation’s generous collaboration with Sewa International, the shipment of 2,184 Nuvo oxygen-concentrators, manufactured by Birmingham, Alabama-based Nidek Medical Products, Inc., is being shipped free of cost to New Delhi, as India struggles with the severe second wave of COVID-19 that has led to an acute shortage of oxygen, ventilators, and hospital beds across the country.

While the shipment from Atlanta to Delhi is going via UPS, Air India will be distributing the consignment to seven metros in India, also without cost to Sewa International. From these seven metros the oxygen-concentrators will be transported by road to 21 cities. “In the midst of this health crisis in India, we are absolutely thrilled to have the support of so many organizations and people in enabling this quick shipment of oxygen-concentrators to India,” said Arun Kankani, President, Sewa International, who had flown from Houston to be with the Sewa Atlanta team as they readied to send the medical equipment to India.

UPS News

DroneWaves: UPS takes aggressive approach with drone airline – Freight Waves

‘We think speed and convenience of drone delivery is like no other’

DETAILS: UPS (NYSE:UPS) has embraced an aggressive approach to deploying drones for delivery services. In 2019, the company created UPS Flight Forward, an FAA-certified drone airline. Flight Forward already has revenue-generating operations in the health care sector. So what does the future hold?

SPEAKER: Kevin Wasik, head of business development, UPS Flight Forward

BIO: Wasik has been with UPS for 14 years. Before becoming the head of business development at UPS Flight Forward in 2020, he served in a variety of roles that covered health care, e-commerce and sales.

UPS News

UPS union members hold rally at Warwick hub – WPRI

Some members of a Rhode Island UPS union rallied Thursday morning outside the company’s hub in Warwick.

The goal was to raise concerns about working conditions there, which a UPS spokesperson says are unfounded.

Teamsters Local 251 business agent Matthew Maini claims the hub, which employs more than 1,800 workers, is no longer following COVID-19 safety protocols.

He claims the hub was not providing hand sanitizer or masks, and have not been cleaning or disinfecting bathrooms, vehicles, or other common areas.

“We feel that UPS should do the right thing and keep their employees safe,” Maini told 12 News earlier this week.

UPS News

UPS Fights Ex-Employee’s Calif. Suit Over COVID-19 Risk – Law360

UPS urged a California federal judge Thursday to toss a former employee’s proposed class action accusing it of systematically endangering workers’ health and safety by leaving them vulnerable to exposure to COVID-19, arguing that the ex-employee’s claims belong before regulators, not a judge.

United Parcel Service Inc. told U.S. District Judge William Alsup during a remote hearing Thursday that former employee Desdnie Hess’ claims should be nixed, arguing that the dispute is really a workers’ compensation issue that should be referred to the state regulator.

But Judge Alsup expressed concern that referring the case to California’s Department of Industrial Relations’ Division of Occupational Safety and Health of California, known as Cal/OSHA, might mean that Hess wouldn’t be able to recover damages for the emotional distress she alleges she suffered as a result of UPS’ purportedly lax safety protections.

“You’re saying, ‘Go see OSHA,’ but OSHA’s not in a position to give money out,” Judge Alsup said.