Category: UPS News

Shoppers and part-time workers received a boost recently on news that United Parcel Service  plans to hire 90,000 to 95,000 seasonal workers for the holidays. The hiring is in line with its plans to better deal with the anticipated surge in holiday demand coming from e-commerce.

One thing’s for sure: The company can’t afford a repeat of last Christmas, when delayed deliveries from both UPS and FedEx  disappointed shoppers who then focused their ire toward online retailers.

It’s imperative that UPS gets it right this Christmas, and signs suggest it will. UPS’ management has taken note of the lessons of unexpected peak demand, and has invested accordingly in a series of initiatives to manage peak demand and improve operational efficiencies.

The shooter is believed to be a 45-year-old white male from the Argo area. He is reportedly married, and a father. The gun used in the shootings was still underneath his body when police arrived.

Police this afternoon confirmed the shooter was fired from his job.”He received his final papers Monday,” said police spokesman Lt. Sean Edwards. “Today he was not expected to return to work because he was no longer employed there.”

All three deceased were adult white males, and their names have not been released. The two victims were supervisors at UPS, and police said they believe they were specifically targeted in the shooting.

Free shipping on online orders, fierce competition from other delivery services, and Amazon’s power to drive down shipping costs are creating problems for Atlanta-based United Parcel Service.

UPS’s (NYSE: UPS) average revenue on each Internet-related package it handles is dropping, the Wall Street Journal reports in a story published Thursday that includes an interview with the Atlanta-based company’s new chief executive officer David Abney.

“Even though net income last year was the highest ever at UPS, profit margins on deliveries in the U.S. have been flat for three years, a sign that online sales aren’t helping the bottom line as much as they used to,” WSJ reports.

It’s been a difficult year for United Parcel Service (NYSE: UPS) investors, as the stock has notably underperformed the S&P 500 and its main rival, FedEx (NYSE: FDX) . After a winter beset with difficulties for the logistics companies because of a combination of poor weather, unexpectedly strong e-commerce delivery demand, and a Christmas shopping season with fewer than average days, many investors thought UPS might be over the worst by now. Unfortunately, that wasn’t the case, and the second-quarter results proved to be a disappointment. Here’s what management wants you to know about its performance.

United Parcel Service, Inc. stock has been trying to recover after coming out with disappointing earnings in late July. Will the current upside be sustainable or is it just a bounce in a bear market?

UPS shares have been climbing gradually over the last few weeks following a nasty sell-off related to their most recent earnings report.

The stock’s rise of late may be at least in part attributable to the downward pressure on crude oil prices – which can obviously have a beneficial effect on all transportation issues that rely on gas for their fleets. How much more will continued downward pressure help UPS counteract the influences on stop-and-start global growth?