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UPS News

United Parcel Service Stock: Wider Moat Out Delivers FedEx – Seeking Alpha

Summary

  • In this follow-up report to my buy rating on competitor FDX, UPS matches up well in its value proposition, yields, fundamentals, valuation, and risk despite all-time high stock prices.
  • A paired trade would be a worthy play for buy-and-hold investors interested in owning slices of the air freight and logistics duopoly.
  • Nevertheless, if the preferred play is one or the other, the tiebreaker has UPS enjoying a wider moat of competitive advantages than FedEx’s narrower one.
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UPS News

Opinion: Human trafficking’s thrived in pandemic – The Atlanta Journal Constitution

The illegal sex trade – also known as human trafficking – is more profitable than both the drug trade and gun trade combined. In Atlanta alone, $290 million each year is spent, according to the United Way.

The need to address human trafficking has never been more urgent. Recognizing that the logistics industry is uniquely positioned to help address this issue, UPS is proud to be part of the solution. Since our work on human trafficking began six years ago, we’ve launched an employee awareness campaign to empower UPS employees to advocate against human trafficking and we’ve also prioritized philanthropic partnerships. Through these initiatives, UPS’ers have raised more than $7 million to support global anti-human trafficking efforts in partnership with the United Way Center to Combat Human Trafficking. And there is still so much more work to be done.

As we join together as Atlantans to tackle human trafficking, the voice of the private sector is critically important. As President of Social Impact and The UPS Foundation, I believe addressing human trafficking is a critical piece of UPS’s commitment to build safer, more resilient and inclusive communities around the world. Innovative partnerships can provide opportunities for companies to be part of the solution. For example, our relationship with Truckers Against Trafficking trains UPS drivers to spot and report signs of human trafficking along their routes. Since the inception of our partnership, more than 130,000 drivers have received training on how to spot red flags and where to report concerning behavior.

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UPS News

Union says UPS employees overworked, forced to take unpaid lunch break -WMTW

The union that represents UPS workers in Maine is speaking out about what they describe as unfair labor practices.

Teamsters Local 340 leader Brett Miller said UPS workers have spent the past two years of the COVID-19 pandemic understaffed and overworked.

Miller said the company needs to hire at least 100 employees to allow current workers more time off and to avoid consistent overtime.

He said UPS workers often work six days a week and put in 15 to 20 hours of overtime.

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UPS News

3rd grade class throws surprise birthday party for UPS driver – WCVB

For the last year, UPS driver Tyler Kingsbury has known that of all the stops on his route, the deliveries to JFK Elementary in Somerville each day are his most memorable.

Corey Merrill’s third-grade class has snack time at the same time Kingsbury’s truck drives by.

“We started to wave, and he’d honk and, eventually, we decided to try to find out more about him,” she said.

“Like how old am I? What’s my favorite color? When’s my birthday?” Kingsbury said.

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UPS News

Big Brown donates $1.5 million of PPE to EBR schools – WAFB

$1.5 million worth of personal protective equipment (PPE) was donated to East Baton Rouge Parish Schools from Big Brown Reaching Back UPS employees of Louisiana on Tuesday, Feb. 15.

The donations came from Sony Pictures in California and contained 40,000 hand sanitizers, drawstring bags, masks and gowns for cafeteria workers and bus drivers.

The PPE was originally intended for Hollywood sets, but was no longer needed as much and word got to UPS that they were looking to donate it.