Category: UPS Press Release

UPS today announced more than $12 billion in investments to expand the company’s Smart Logistics Network, significantly increase pension funding, and position the company to further enhance shareowner value.

“This $12 billion investment program is an outgrowth of the opportunity for tax savings created by the Tax and Jobs Act,” said David Abney, UPS Chairman and Chief Executive Officer. “We will increase network investments and accelerate pension funding to strengthen the company for the long term, so that we maximize the benefit to our global customers, employees and shareowners.”

“Through our current and future actions, we will enhance UPS’s position as the leading logistics provider by expanding capacity and technology investments to help customers meet their needs for dependable, day- and time-definite service with enhanced visibility and flexibility,” Abney said.

Announces Positive 2018 Outlook

• Revenue Growth Tops 11% for 4Q17 and 8% for Full-Year 2017
• 4Q17 EPS of $1.27; Adjusted 4Q EPS of $1.67
• International Export Shipments Rose 16% in 4Q17, Full-Year up 15%
• Supply Chain & Freight Profit Jumps with Strong Revenue Growth of 21%
• U.S. Domestic Revenue up 8.4% on Higher Package Demand and Yields
• 2017 EPS of $5.61; Adjusted 2017 EPS of $6.01
• UPS Increases Investments for Growth in 2018
• Announces Full-Year 2018 Adjusted EPS Guidance Range of $7.03 to $7.37

UPS (NYSE:UPS) today was rated one of the “World’s Most Admired” companies and the first-place leader in all attributes in its industry in an annual survey conducted by FORTUNE magazine.

UPS posted the highest score in its industry category with a substantial margin over the 2nd place score.

“UPS is honored by this prestigious recognition,” said David Abney, UPS Chairman and CEO. “It’s a testament to our dedicated people and culture of continuous innovation that is focused on helping our customers generate distinctive value – ultimately, that’s what creates and sustains a great company.”

The company ranks fourth among franchise brands measured for qualities such as system growth, support and brand strength​

The UPS Store, Inc., the nation’s largest franchise system of retail shipping, postal, print and business service centers, is once again ranked among the top franchise brands according to Entrepreneur Magazine’s annual Franchise 500 list. The company is ranked fourth– but first in its category – for the second year in a row – its highest ranking in the 28 years of inclusion on the list.

100% Financing Against Supplier Invoices for Greater Access to Working Capital

• Credit lines up to $1.5 million on in-transit goods
• Longer repayment terms up to 90 days from 75 days
• Unsecured credit lines
• Working capital available to support growth opportunities