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UPS Press Release

UPS Announces New Aurora, CO Facility

  • New $90 million operations facility to create more than 700 new jobs
  • Package processing begins this holiday season with employment opportunities available now

UPS (NYSE:UPS) today announced the construction of a new package distribution facility in Aurora that will create more than 700 new jobs when fully operational. A portion of the almost 360,000 square foot building, located in the 110 acre East Park 70 industrial business park along the Interstate 70 corridor just east of Denver, is expected to begin operating this year in time for the busy holiday shipping season.

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UPS News

UPS CEO: Thanks to automation, we’re shipping more packages with the same number of people – Yahoo


The upcoming holiday period is shaping up to be another record-breaking shipping season. In fact, United Parcel Service (UPS) forecasts 750 million packages will be delivered between Black Friday and New Year’s Eve, a 5% increase from last year.

Despite the expected increase in volume, UPS expects to hire the same number of temporary seasonal workers as last year (95,000).

“Last year we hired about the same number of people and we’re doing it this year with an extra 5% of packages and it is because of automation,” UPS CEO David Abney told Yahoo Finance.

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UPS News

UPS hit by hurricanes but rosy on holiday shipping – Reuters

United Parcel Service Inc (UPS.N) reported a slightly lower quarterly net profit on Thursday due to U.S. hurricanes and higher costs for Saturday delivery but lifted its full-year forecast, citing global shipping strength and expectations for the crucial holiday season.

The world’s largest package delivery company, often seen as a bellwether of U.S. economic activity, expects to make about 750 million deliveries globally between the U.S. Thanksgiving holiday and New Year’s Eve, about 40 million more than last year, it said.
UPS CEO David Abney told analysts on a conference call his optimism for 2018 was growing on the strength of global trade, U.S. consumer spending, and proposed tax cuts.
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UPS Press Release

UPS Forecasts Another Record-Breaking Holiday Shipping Season

  • UPS forecasts record holiday delivery of about 750 million packages
  • Deliveries between Black Friday and New Year’s Eve projected to increase 5% from 2016
  • 17 of 21 holiday delivery days before Christmas to exceed 30 million packages
  • Investment in facilities, advanced operational and customer technologies, and seasonal hires ready UPS network to handle nearly double normal daily volume
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UPS Press Release

Strong UPS Execution Drives Positive 3Q Results

  • UPS Revenue Rises 7% on Balanced Shipment Growth and Yield Expansion
  • International Operating Profit Climbs 8.9%; Currency-Neutral Profit* up 20%
  • Daily Export Volume up 19% for 3rd Straight Quarter of Double-Digit Growth
  • U.S. Domestic Revenue up 3.9% on Higher Package Demand and Yields
  • U.S. Operating Profit of $1.2B, Including $50M of Negative Hurricane Impact
  • Supply Chain & Freight Boosts Revenue more than 13%; Profits up 9.7%
  • Company Lifts Bottom of Guidance Range; Expects Full-Year 2017 Adjusted Earnings Per Share of $5.85 to $6.10