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UPS Freight now features five Chicago-area facilities
UPS Freight (NYSE: UPS) today announced the addition of a new facility in Franklin Park. The 28,000 square-foot building features 66 docks for the loading and unloading of less-than-truckload (LTL) freight. The Franklin Park location complements nearby UPS Freight centers in Aurora, Chicago, Palatine and South Holland.
UPS, Official Logistics and Shipping Sponsor of Ferrari, today made a special delivery to Scuderia Ferrari driver Sebastian Vettel from a unique UPS Access Point™ location set-up, one time only, near the Cologne/Bonn Airport ahead of the Belgian Grand Prix weekend to underscore the flexibility of this international shipping solution.
UPS (NYSE:UPS) today completed the closing of the acquisition of Coyote Logistics, a technology-driven, non-asset based truckload freight brokerage company. The $1.8 billion acquisition adds large scale full-truck-load (FTL) and other transportation management services to the UPS portfolio. The company expects to benefit from synergies in purchased transportation, backhaul utilization, cross-selling to customers, as well as technology systems and industry best practices.
The UPS (NYSE: UPS) Board of Directors today declared a regular quarterly dividend of $0.73 per share on all outstanding Class A and Class B shares.
The dividend is payable September 1, 2015, to shareowners of record on August 17, 2015.
Earlier this year, the UPS Board increased the regular quarterly dividend by 9% to the current level of $0.73 per share. The company has paid either stock or cash dividends every year since 1955 and has more than quadrupled its dividend since it went public at the end of 1999.
UPS to acquire technology-driven, non-asset based truckload freight brokerage, adding to portfolio with complementary revenue and operational synergies
Transaction Highlights