Category: UPS News

For many years, Johnny Staats has worked for UPS during the weekdays and played the mandolin at shows on the weekends.

Staats of Jackson County intends to keep this same schedule — at least until he retires in a few years.

Staats, a well-known musician across the country, started working for United Parcel Service, or UPS, on June 15, 1988 as a package sorter at the company’s Customer Center on Gihon Road in Parkersburg. He graduated from Ripley High School in 1987.

Staats worked as a sorter for 10 years before becoming a UPS delivery driver when a route position became available.

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? United Parcel Service, which belongs to the Zacks Transportation – Air Freight and Cargo industry, could be a great candidate to consider.

This package delivery service has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 0.85%.

For the last reported quarter, UPS came out with earnings of $1.94 per share versus the Zacks Consensus Estimate of $1.92 per share, representing a surprise of 1.04%. For the previous quarter, the company was expected to post earnings of $1.54 per share and it actually produced earnings of $1.55 per share, delivering a surprise of 0.65%.

United Parcel Service (UPS) has further expanded its delivery options for e-commerce shipments in Taiwan by working with the country’s national postal authority, Chunghwa Post and Palm Box Digital. The self-pickup and delivery service operates from 641 locations across the territory.

According to the “UPS Pulse of the Online Shopper” 2018 study, about 71% of Asian consumers are interested in receiving packages via alternate delivery locations – ADLs.

“Given that e-commerce orders in Taiwan grew 20.9% from 2015 to 2017, UPS’s latest enhancements help retailers to meet these needs, and place them in a strong position to capture a greater share of consumers in a high-potential market like Taiwan,” said KK Leung, president of North Asia district, UPS Asia Pacific Region. UPS is also expanding ADL offerings in other locations in Asia – in June, UPS announced it was increasing its ADL network in Hong Kong to about 500, to take advantage of growing cross-border

The Atlanta-based package shipper announced its seasonal hiring plans earlier this week.

United Parcel Service Inc. is hiring fewer people during peak season in Louisville in 2018 because it has ramped up staffing throughout the year.

Earlier this week, the Atlanta-based shipping giant announced plans to hire 100,000 seasonal employees companywide in support of the upcoming holiday shipping season. Of that total, it expects that it will hire about 2,600 seasonal workers in Louisville.

Perhaps trade wars aren’t so easy to win.

U.S. shipping giants FedEx and United Parcel Service are advocating for lower trade barriers and free trade policies as U.S. President Donald Trump prepares to impose additional tariffs on Chinese imports.

Trump announced late Monday a new round of tariffs on about $200 billion of Chinese goods, as China’s current trade practices “plainly constitute a grave threat to the long-term health and prosperity of the United States economy.” The 10% tax, which is set to be levied on Sept. 24, is set to increase to 25% at year-end. The president also threatened tariffs on approximately $267 billion of additional imports should China respond with retaliatory tariffs. Ahead of the announcement, China said it would “take necessary countermeasures” should Trump impose any new tariffs.