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UPS credited the Tax Cuts and Jobs Act when announcing its purchase of 18 aircraft: 14 747 planes and four Boeing 767 freighters.
The company adjusted its guidance for 2018, announcing expected earnings between $7.03 and $7.37 per share for the full year.
The disclosure, which follows a 2017 holiday season that smashed online shopping records, will shed light on how the shipping giant is faring amid the widespread economic shift away from brick-and-mortar retail and toward online delivery.
Amazon.com Inc. is expanding a service launched to make more groceries, cleaning supplies and other products available for quick delivery directly from merchants without overwhelming the e-commerce giant’s warehouses with additional inventory, according to documents reviewed by Bloomberg.
The trial pushes Amazon’s logistical reach beyond its own facilities and into those of its merchants, encroaching on services of long-time delivery partners United Parcel Service Inc. and FedEx Corp. Amazon is enticing the sellers who use the company’s online marketplace with lower delivery costs, logistics software, warehouse inspections and recommendations.
If rank-and-file Teamsters can confront the package-delivery giant, they’ll win better conditions for the whole industry.
This Monday, negotiations began between Teamsters and the package giant UPS for a new national contract. The formal exchange of proposals was in preparation for July, when the national master UPS contract will expire.
Teamsters general president James P. Hoffa — son of the infamous Jimmy Hoffa Sr — refused to release the union’s official contract proposals to general membership before presenting them to the company. Up until January 22, members had no idea what was in the proposals. Teamsters United (TU), the reform campaign working to dislodge Hoffa’s old guard from the union leadership, called this a “brownout.”
An alert UPS driver is being credited with saving a man and his child from a house fire on Thursday afternoon.
Fire officials say UPS driver Jeremy Brandt was on his route when he spotted smoke coming from 1821 Allison Drive. They say Brandt pounded on the door of the home, waking up a man who was sleeping inside along with a young child.
A United Parcel Service (UPS) employee allegedly kicked out a Spanish-speaking woman for communicating in her native tongue, the customer said.
Rebecca Prinstein visited a Miami branch of the package delivery company where she allegedly engaged in a heated exchange with a UPS employee after he requested for her to leave for speaking Spanish. Prinstein recorded the incident, which was later shared by both her husband and friend to Facebook.