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Long lines formed outside of the UPS customer center in the South Loop Monday night.
People came by the dozen and waited for hours.
“An hour and a half for one package” said Jazmyn Jefferson, a Bronzeville resident.
Many waited in line to pick up packages full of medicines and other essential items that they said just never came.
United Parcel Service stock has tumbled this year in the chaos of the coronavirus pandemic, but Carol Tome, the logistics giant’s new CEO, bought a large block of shares.
UPS stock sports a year-to-date loss of 8.9%. First-quarter earnings disappointed, although sales topped expectations. The company’s drivers are traveling farther and making more stops for lower-margin home deliveries, hammering margins.
United Parcel Service, Inc. shareholders (or potential shareholders) will be happy to see that the CEO & Director, Carol Tomé, recently bought a whopping US$1.0m worth of stock, at a price of US$99.33. That purchase boosted their holding by 344%, which makes us wonder if the move was inspired by quietly confident deeply-felt optimism.
The families of Columbus UPS drivers are showing their appreciation for their loved ones and their big brown trucks.
James Brown, supervisor of the Columbus, Ga. UPS Center, says recent times have felt like their peak Christmas season, but they do not have the extra help that they would normally have.
To mark their appreciation, the United Way of the Chattahoochee Valley teamed up with the families to host an appreciation parade.