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UPS News

UPS Fires 250 Drivers For Protesting Termination – Queens Tribune

United Parcel Service drivers who organized a protest against a former colleague’s termination are now being shown the pink slip as well.

Two hundred and fifty UPS drivers have been fired for temporarily walking out of the job late last month to protest the firing of Jairo Reyes, who worked there for 24 years, and not receiving the hearing that workers are entitled to.

In an emailed statement, UPS said it took an “appropriate and justifiable” action to fire the employees for an illegal and unauthorized work stoppage.

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UPS News

United Parcel Service – An Investment That Can’t Be Ignored – Seeking Alpha

Summary

  • UPS’ acquisition of Polar Speed thermo logistics will help in grabbing the specialized logistic opportunities as it is a leader in active temperature-controlled pharmaceutical supply chain solutions in UK.
  • UPS is expanding its global network to capture the growth opportunities available. UPS intends to invest an additional $500 million to enhance its network in 2014.
  • Online retail is expected to grow 10.1% in the US and 14.3% in the global market, well above the GDP growth rate. UPS can benefit from these opportunities.
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UPS News

UPS Chairman Scott Davis’ total comp reduced to $10.3M – Atlanta Business Chronicle

United Parcel Service Inc. Chairman and CEO Scott Davis took a 15 percent cut to his total compensation in 2013, the same year the package shipping and logistics giant’s profit plunged nearly 82 percent.

  • Chief Financial Officer Kurt Kuehn’s total comp shrunk about 20 percent to $2.75 million.
  • Chief Operating Officer David Abney’s total comp dropped 24 percent to $4.08 million.
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UPS News

UPS raises freight unit shipping rates – Reuters

United Parcel Service Inc said it will raise shipping rates at its freight unit by 4.4 percent, more than rival FedEx Corp did earlier this month.

The new rates apply to non-contractual less-than-truckload shipments rated on the current UPS tariffs, the company said, and will come into effect March 31.

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UPS News

UPS employee caught stealing from customers – WCTI

An UPS employee is arrested for stealing Amazon cards from customers. Police said it happened at the UPS facility in Havelock.

Investigators say Andrew Tyler Lewis, 19, of New Bern was arrested on Friday.

Officials said Amazon contacted UPS when they saw the stolen cards they had flagged were being used. The company quickly learned the gift cards were in the hands of one of their own employees.