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UPS Press Release

The UPS Foundation Awards $16 Million To Increase Humanitarian Relief, Community Resilience And Safety Efforts

UPS Expands Medical Drone Network and Public Health Care Supply Chain Initiatives in Africa

The UPS Foundation, which leads the global citizenship efforts of UPS (NYSE: UPS), today announced it is awarding 2018 grants and in-kind support totaling more than $16 million to non-profit, non-governmental organizations and United Nations agencies for humanitarian relief, community resilience and safety programs worldwide. Grants provide support for disaster response, preparedness and recovery, enhancing public health care supply chains and improving global road safety.

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UPS News

Update: UPS flight dispatchers are asking to be paid like counterparts at Delta, American – Atlanta Business Chronicle

The threat of a walkout is on the table in contract negotiations for UPS airline workers who want to be paid like those employed by major carriers.

Flight dispatchers with United Parcel Service Inc. (NYSE: UPS) gave unanimous consent last month for its elected union leaders to call a strike if needed in order to “secure a fair contract,” according to a statement Monday from Transport Workers Union Local 549.

The Union leadership said an 81-0 vote granted its top officers the right to initiate a walkout, potentially paralyzing the Atlanta-based logistics company.

UPS, meanwhile, views the vote as a routine and symbolic gesture that does not give the union a right to strike.

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Industry News UPS News

Companies sharpen focus on security after workplace shootings – WRAL

Joe sat in his United Parcel Service truck at the company distribution center on Potrero Hill on Thursday waiting for a pickup call. He was listening to the radio about the shootings at YouTube that had erupted just two days before and still had the Bay Area rattled. He shrugged.

Nine months ago, a fellow UPS driver easily walked through the center’s doors with a pair of pistols and a box of bullets, and after gunning down three workers and wounding two others, he shot himself to death. Since then, UPS has changed guard companies and tightened up its policies on metal detectors and bag checks, several workers said.

Joe, a middle-aged driver who used an alias because he said UPS forbids workers from speaking to the media, was skeptical.

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Industry News UPS News

Amazon and UPS have been quietly fighting over the post office’s cost structure — long before Trump – CNBC

  • Amazon and UPS have been arguing over the post office’s cost structure through public filings with the Postal Regulatory Commission, the federal arm in charge of setting prices for the Postal Service.
  • The central issue is the 5.5 percent minimum “institutional” cost contribution requirement from the post office’s package business, which competes with UPS and FedEx.
  • The issue could give a competitive advantage to either Amazon or its rival package shippers.

 

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UPS Press Release

UPS Capital Integrates Technology-Driven Cargo Insurance Solution With Leading Transportation API Provider

  • Broadens access to transactional cargo insurance for shippers
  • Integrated design streamlines coverage selection

UPS Capital, a subsidiary of UPS (NYSE:UPS), today announced expansion of its transactional cargo insurance portfolio with leading live carrier and API connection provider Banyan Technology. This new integration allows shippers and Third Party Logistics (3PLs) providers to more seamlessly select transactional insurance coverage at the time of shipment processing and experience enhanced claims processing.