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UPS (NYSE: UPS) today confirmed contract talks with the International Brotherhood of Teamsters have begun on new collective bargaining agreements. The current five-year contract continues through July 31, 2018.
Anyone who has ever shopped online knows that finally getting your package is like a mini-Christmas. The prospect of being able to buy everything you could ever want (but probably don’t need) with a few clicks of a mouse is exhilarating, but what makes this possible?
The United Parcel Service, or UPS, is one of the services that make your frivolous online shopping possible.
Delivering 15.6 million parcels daily, UPS has over 100,000 vehicles including cars, trucks, and even tractors as well as 218 jets to make sure deliveries are on time.
Shares of United Parcel Service Inc and FedEx Corp fell on Thursday after a report that Amazon.com Inc was testing its own delivery service, potentially encroaching on the territory of the package delivery companies.
Amazon will oversee pickup of packages from warehouses of third-party merchants selling goods on its website and their delivery to customers’ homes – a function often handled by longtime partners UPS and FedEx, according to sources cited by Bloomberg.
UPS’ shares fell as much as 2 percent to $116.52, while those of FedEx dropped 1.6 percent to $217.77.
UPS Integrad® Training Features “Experiential Learning” Approach To Help Create The Finest Service Providers In The Industry
UPS announced the opening of its ninth U.S. UPS Integrad driver training facility in Lake Mary, FL. Since the first UPS Integrad site opened in Landover, Md., in 2007, the company has seen dramatic improvements in safety, production and service indices, as well as a reduction in turnover.