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UPS News

UPS driver hit by car, killed in Chester Township – Fox 8

A UPS driver died after being hit by a car in Geauga County Thursday evening.

It happened in the area of Mayfield Road and Manchester Trail in Chester Township just before 5 p.m.

Chester Township police said the victim, 28-year-old UPS driver Collin Joseph Boothe, was taken to Hillcrest Hospital, where he died from his injuries.

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UPS News

In One Earnings Call, UPS CEO Makes Job Her Own – Yahoo

Some new CEOs prefer to sit back for awhile, watching and learning while they plot their legacy. Others carry on their predecessor’s plans. And then there are those who waste no time making the job their own. New United Parcel Service Inc. CEO Carol Tome falls into the latter category.

Thursday marked the first earnings day for new CEO Carol Tome, a former Home Depot Inc. executive and UPS board member who succeeded long-time leader David Abney in June. I’d say it was a respectable debut, but that somehow cheapens it. It was downright impressive. The presentation felt refreshing on many fronts. Tome (pronounced “Toe-MAY”) was able to combine a frank and hard-nosed assessment of UPS’s past spending habits with a bit of personality. She exuded confidence and competence, but she also made some jokes and it felt like she was really being herself. That’s not an easy thing to do as a woman in business; Tome is one of only about 30 female CEOs among S&P 500 companies.

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UPS News

UPS pilots seek option to refuse Hong Kong missions – Freightwaves

U.S. aircrews, airlines concerned about stricter COVID measures

The union representing UPS pilots has asked the express and freight delivery giant for the option to decline flight assignments to Hong Kong after the city tightened COVID screening requirements for aircrews.

The Independent Pilots Association (IPA) wants the company to extend to Hong Kong an arrangement that allows cargo pilots to opt in for routes to mainland China, spokesman Brian Gaudet said.

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UPS News

Record surge in daily shipping volumes for UPS in 2Q – ABC News

UPS is reporting a second-quarter profit of $1.77 billion with the pandemic fueling a 21% surge in daily shipping volume, the largest quarterly increase ever recorded by the company

A boom in online shopping during the pandemic pushed revenue higher at United Parcel Service Inc., which reported a $1.77 billion profit for the second quarter.

UPS said Thursday that shipping volume jumped 23% to more than 21 million packages a day. Crucially, shipments from businesses to U.S. consumers soared 65%.

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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.