Category: UPS Press Release

More than 49,000 hours of time donated to Canadian charities

In keeping with its ongoing commitment to supporting the communities where it operates, UPS once again went beyond solely offering financial support in 2013. Encouraging staff to donate their time and skills to give back to their communities is at the foundation of UPS’s corporate social responsibility (CSR) strategy and an area it continues to go above and beyond. UPS employees dedicated 49,465 hours to more than 500 charitable organizations across Canada in 2013. This was in addition to $470,000 given through The UPS Foundation’s Community Grant Program.

Brand Finance has named UPS (UPS) to its Brandirectory list of 500 most valuable global brands in 2014.

Ranking No. 48 this year, the Atlanta-based company inched a step higher over 2013, when the company ranked No. 49. UPS is also the only package delivery, freight and logistics services provider to make the Top 50 and is the world’s most valuable brand in this industry, according to the directory.

Creating a Single Window Will Deliver Immediate Measurable Benefits to America’s Businesses

UPS® (NYSE: UPS), a global logistics provider and leading advocate for global trade, commends President Obama on taking decisive action to reduce a major barrier to U.S. exports. By completing the International Trade Data System (ITDS), the processing and approval times for U.S. businesses that export American-made goods and services will be cut from days to minutes

UPS today announced the induction of 1,519 drivers into its elite “Circle of Honor,” raising to 7,221 the number of drivers who have avoided accidents for 25 years or more.

The number of new inductees is the largest for any single year in the company’s history and includes 42 new members from Canada, Germany and Puerto Rico.

Collectively, the 7,221 drivers have logged more than 5.3 billion miles and more than 198,000 years of safe driving through their careers. That’s enough miles to travel to Mars and back 19 times.

The UPS (NYSE: UPS) Board of Directors today declared a regular quarterly dividend of $0.67 per share, up $0.05 or 8.1%, from $0.62 per share, on all outstanding Class A and Class B shares. The dividend increase is in recognition of the company’s solid cash flow performance and commitment to delivering shareowner value.

The dividend is payable March 11, 2014, to shareowners of record on February 24, 2014.

“During 2013, UPS generated $5.3 billion in free cash flow, enabling reinvestment for growth,” said Scott Davis, UPS chairman and CEO. “In addition, we increased our shareholder distributions, paying dividends of $2.3 billion and repurchased more than $3.8 billion in UPS shares. This latest dividend increase shows that the UPS business model consistently generates improved returns to shareowners.”