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UPS News

UPS gives its Express delivery boxes a Black History Month makeover – KYMA

UPS is celebrating Black History Month with a special design on Express delivery packages, part of a campaign to support Black-owned small businesses.

It’s the first time UPS has commissioned art for any of its delivery boxes, and the design was created by 25-year-old Sophia Yeshi, a graphic illustrator who is Black and southeast Asian and owns Yeshi Designs, a Brooklyn-based small business.

The temporary redesign is part of UPS’ new “Proudly Unstoppable” campaign, which is designed to amplify minority voices while providing aid to Black-owned businesses through the end of the year.

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UPS News

UPS profit jumps after holiday rush, shares follow – Reuters

United Parcel Service Inc on Tuesday posted a hefty rise in quarterly adjusted profit, after home delivery volume surged to record levels on pandemic-fueled online purchases of holiday gifts and staples ranging from food to furniture.

The results sent shares in the world’s biggest parcel delivery company up 4.9% to $163.96 in early trading.

The winter holiday shipping season at times pushed the Atlanta-based company’s shipping network to its limits, leading UPS to temporarily halt pickups from companies that were trying to ship more parcels than expected.

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UPS News

UPS CEO: We have delivered 36.5 million COVID-19 vaccines – Yahoo

In a little over a month, logistics giant UPS has delivered an impressive number of COVID-19 vaccines.

“It’s a very complicated delivery. But we are pleased with how we are performing,” UPS CEO Carol Tome told Yahoo Finance Live. “In fact, we have had about 225,000 shipments and about 36.5 million vaccines have been delivered by UPS. Our service levels are 99.99%.”

UPS’s first COVID-19 vaccine shipments in the U.S. began on Dec. 13 with the Pfizer-BioNTech shot. Deliveries of the shot in the European Union commenced on Dec. 26. Rival FedEx also began shipping COVID-19 vaccines around that time, too.

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UPS Press Release

UPS Releases 4Q 2020 Earnings

Consolidated Revenue Increased 21.0% to $24.9B; Growth Across All Segments
Consolidated Operating Profit Up 1.6% to $2.2B, Up 26.0% on an Adjusted* Basis
Diluted EPS of ($3.75); Adjusted Diluted EPS of $2.66, Up 26.1%
For the Year, Reported Highest Revenue and Adjusted Diluted Earnings Per Share in Company History

UPS (NYSE:UPS) today announced fourth-quarter 2020 consolidated revenue of $24.9 billion, a 21.0% increase over the fourth quarter of 2019. Consolidated average daily volume increased 10.6% year over year. Operating profit was $2.2 billion, up 1.6% compared to last year’s fourth quarter, or 26.0% on an adjusted basis. Net loss was $3.3 billion for the quarter; adjusted net income was $2.3 billion or 26.4% above the same period last year.

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UPS News

Police: Norwalk woman threatened UPS driver with knife in road rage incident – Stamford Advocate

A Norwalk woman threatened a UPS driver with a knife for allegedly cutting her off in traffic, police said.

The driver told police he was queued in traffic near the intersection of Martin Luther King Drive and Water Street around 7 p.m. Thursday when he saw two people exit a car behind him.

Police said the pair allegedly walked through traffic toward the UPS truck and began hurling insults and curses at him. One of the individuals, later identified as Kalianne Schiavi, took out a knife and slashed at the vehicle before it drove away, police said.