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After Channel 2 Action News posted a story on Facebook about an officer being fired for an incident involving a black man, a message appeared in the comment section that read:
“Thugs deserve it. If a family member so be it. However, I do no have any thugs in my family that I am aware of. Seems to be people of color who are the problem.”
Now, a United Parcel Service Inc. human resources supervisor accused of posting the racially insensitive comment is off the job.
Strike authorization gives United Parcel Service workers’ negotiators more leverage in talks to replace a labor contract that expires at the end of July.
United Parcel Services’ (UPS) more than 250,000 union members have the option to go on strike later this year if contract negotiations fall through, which could deal a blow to the U.S. economy.
In a vote on Tuesday, UPS package members approved the right to strike by a 93% margin and UPS freight employees voted in favor by a 91% margin, thereby increasing their leverage in discussions.
Police are investigating after a fire and explosion of a UPS truck in Pike County.
An image sent to Newswatch 16 shows the truck in flames at a home on Rose Lane in Matamoras just after noon on Tuesday.
As the vice president of innovation and UPS ventures at Atlanta-based United Parcel Service, David Lee, ’11, helps one of the world’s largest logistics companies think like a startup. He doesn’t fear a robot-filled future. Robots can have the boring jobs, according to Lee. Humans have more important creative and problem-solving work to do.
Lee believes anyone can bring forth game-changing products and technologies, no matter his or her job title. He even gave a TED Talk (which has 1.6 million views and counting) on the topic. Here’s how Lee inspires innovation at UPS throughout a typical workday.
United Parcel Service, Inc. has been benefiting immensely from the new tax law. This is quite evident from the company’s bottom-line growth owing to significant reduction in corporate tax rate. In first-quarter 2018, the bottom line soared 17.4% for the same reason. Results were also aided by strong performances by the International, and the Supply Chain and Freight segments. In fact, the effective tax rate in the quarter was just a little over 19% compared with 31.8% in the prior-year quarter. Effective tax rate is projected between 23% and 24% for the remaining quarters of 2018.
The reduced corporate tax rate also boosts cash flow. In the first quarter, free cash flow totaled approximately $2.6 billion. Notably, with increased cash flow companies have more cash available to fund share repurchases among other things. In February, UPS raised its quarterly cash dividend by 10%. Furthermore, it paid approximately $840 million as dividend to shareholders in the first quarter, reflecting an increase of 10% year over year. Simultaneously, the company bought back 2.2 million shares for more than $250 million.