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UPS Press Release

News: Hurricane Laura Relief Efforts Supported By UPS Strategy of Preparedness

UPS Foundation’s Global Humanitarian Relief Network Uses Collaboration and Extensive Planning to Bring Rapid Support to Address Urgent Needs

Even before Hurricane Laura devastated coastlines in Louisiana and Texas, The UPS Foundation and its network of relief organizations were building a response to quickly address the needs of impacted communities.

The extensive damage resulting from the storm left impassable roads, inhabitable housing, and an infrastructure strained to deliver essential items. Providing relief in the midst of a pandemic is challenging and complex, but UPS and its relief partners were ready.

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UPS Press Release

UPS Announces Executive Leadership Team Changes

UPS today announced the appointment of Nando Cesarone to President, U.S. Operations and Scott Price to President, UPS International.

Nando Cesarone previously served as President UPS International and in that role led the company’s business operations in more than 220 countries and territories outside of the U.S. Prior to that, he served as President of UPS’s European operations, leading UPS Europe to record business performance during the company’s five-year investment program. Cesarone also served as President of the Asia Pacific Region.

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UPS Press Release

UPS Board Announces Quarterly Dividend

The dividend is payable on September 9, 2020 to shareowners of record on August 24, 2020.

For a half century, UPS has kept its dividend stable or increased it, showcasing a hallmark of financial strength and a sustained commitment to shareholder value. In the last two decades alone, UPS has more than quadrupled the dividend.

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UPS Press Release

UPS Releases 2Q 2020 Earnings

  • Consolidated Average Daily Volume Surged to Record 20.9% Growth
  • 2Q20 Diluted EPS of $2.03, Up 4.6%; Adjusted* Diluted EPS up 8.7% to $2.13
  • YTD Cash from Operations of $5.9B; Adjusted Free Cash Flow of $3.9B

UPS today announced second-quarter 2020 consolidated revenue increased to $20.5 billion, a 13.4% increase from the second quarter of 2019. Net income was $1.8 billion for the quarter; adjusted net income was $1.9 billion, 8.8% above the same period in 2019. Operating profit was $2.2 billion, and adjusted operating profit was $2.3 billion, up 7.4% compared to last year’s second quarter.

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UPS Press Release

UPS Promotes Laura Lane To Chief Corporate Affairs And Communications Officer

  • Lane Joins the UPS Executive Leadership Team, Reporting to Chief Executive Officer Carol Tomé
  • UPS creates new strategic executive role to align external affairs including public policy and government affairs, communications, and community relations

UPS today announced Laura Lane has been promoted to Chief Corporate Affairs and Communications Officer. Lane will join UPS’s Executive Leadership Team and report directly to CEO Carol Tomé. She will oversee Public Policy and Government Affairs, Public Relations, Employee Communications, and the UPS Foundation.