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Agreement passes by wide margin, enhances wages, pension and scheduling
UPS (NYSE:UPS) pilots represented by the Independent Pilots Association today ratified a new labor agreement that becomes amendable Sept. 1, 2021.
The agreement was voted on by 98.7% of the association membership, with 91.6% percent voting to ratify. Terms of the agreement become effective Sept. 1, 2016 and run through Sept. 1, 2021. The contract covers 2,579 pilots at UPS Airlines.
7 million trees planted in 52 countries around the world
Foundation to award millions in environmental grants
The UPS Foundation, which leads the global citizenship programs for UPS (NYSE: UPS), announced it will award more than $2.6 million in grants to nonprofit organizations focused on environmental sustainability initiatives. This includes a significant grant to twenty-five year partner, The Nature Conservancy, a global organization that works to preserve ecologically important land and water resources through conservation. Other grants will support programs that advance environmental research and education, carbon reduction and energy conservation – all vital to economic growth and community stability.
$300 million project to triple size, add 300 jobs and increase service capacity for customers. Groundbreaking set for August 25.
The bulldozers are moving earth on UPS’s (NYSE: UPS) latest expansion project, bringing the rest of the Earth even closer to UPS customers in Kentucky and parts of Southern Indiana.
The company’s estimated $300 million investment will triple the size of the package facility to 838,000 square feet, and nearly double current sorting capacity to 85,000 packages per hour. In addition, the project will create a mix of 300 new full and part-time jobs.
A pair of Department of Energy grants awarded to UPS (NYSE: UPS) will enable the company and a world-class team of engineers to conduct cutting-edge research aimed at reducing emissions and revolutionizing the charging process for electric trucks.
The grants, announced today, are part of the Department of Energy’s efforts to spur innovation and promote more efficient cars and trucks.
UPS Korea today announced it was awarded the Authorized Economic Operator (AEO) certification by the Korea Customs Service. The certification, which is valid until April 2021, recognizes UPS’s adoption and implementation of proper security and operational measures needed to secure its supply chain; thus expediting UPS shipments for our customers through customs clearance procedures with minimal documentation and inspection requirements.