BrownCafeOne of UPS’s 747 jumbo jets dedicated for long-haul international use is sporting a modified paint scheme highlighting the company’s role as official logistics partner for Expo 2020 Dubai.
UPS has only modified the livery of an aircraft four other times in the airline’s 30-year history. Each of those times signifies a major news event – this time, it’s to mark UPS’s unique role in delivering one of the world’s most complex logistics challenges at the upcoming Expo 2020 Dubai.
Two United Parcel Service Inc employees were injured in an explosion on Wednesday that caused significant damage to one of the package delivery company’s freight facilities in Lexington, Kentucky, a UPS spokesman said.
UPS said a gas leak from propane tanks inside a trailer may have caused the morning blast, some 80 miles east of Louisville. The company said the employees received minor injuries and that it shut down operations.
UPS spokesman Glenn Zaccara said he did not know when operations were expected to resume or how much freight volume was disrupted by the blast.
Mass support for strike action is growing among workers at United Parcel Service (UPS), where the current contract with the International Brotherhood of Teamsters (IBT) covering 280,000 hourly workers is set to expire on August 1. A strike authorization, which is being held through June 3, is widely expected to provide an overwhelming “yes” vote.
The impending struggle at one of the largest private employers in the United States, with 434,000 workers, comes in the midst of a resurgence of the class struggle in the United States, where man-hours lost due to strikes have already eclipsed totals from all of last year.
A month has gone by since the last earnings report for United Parcel Service, Inc. Shares have added about 2.1% in that time frame.
Will the recent positive trend continue leading up to its next earnings release, or is UPS due for a pullback? Before we dive into how investors and analysts have reacted as of late, let’s take a quick look at the most recent earnings report in order to get a better handle on the important drivers.
UPS (NYSE: UPS) today appointed Kevin Warren to the position of Chief Marketing Officer, effective June 1, 2018. Warren will report to UPS Chairman and CEO David Abney. He also joins the UPS Management Committee, the most senior leadership group in the company.
“With unprecedented demand from consumer and business customers, it’s critical for UPS to have a savvy leader driving innovative new marketing programs that support one of world’s most trusted and respected brands,” said David Abney, UPS Chief Executive Officer. “Kevin brings a wealth of experience to UPS with a strong global growth focus across multiple disciplines. He will guide critically important marketing initiatives as we continue UPS’s transformation.”
Warren will be responsible for all U.S. and international marketing, including the company’s product development, pricing, customer loyalty, industry segments, customer communications and public relations, among other functions. He brings extensive senior leadership experience to UPS and possesses a deep understanding of service-based businesses.