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UPS Press Release

The UPS Foundation To Award More Than $7.7 Million To Promote Global Diversity & Inclusion

Grants Focus on Social & Gender Equality, Access to Markets, Skills Development and Education Programs

Today, The UPS Foundation, the philanthropic arm of UPS (NYSE: UPS), announced it will award more than $7.7 million in global diversity and inclusion grants to 39 organizations. The grants will support economic empowerment, initiatives to empower women and girls, and, workplace inclusion.

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UPS News

Trump’s ‘America First’ push not protectionist: UPS CEO – Reuters

Republican U.S. President Donald Trump’s efforts to renegotiate or scrap longstanding global trade deals are not protectionist and are more focused on winning better terms for American businesses, the top executive of United Parcel Service said on Thursday.

“I have to tell you, we don’t consider what we are hearing from the president as protectionist,” Chief Executive Officer David Abney told Reuters in a phone interview after the world’s largest package delivery company reported a higher-than-expected second-quarter net profit.

“Protectionist would be ‘we don’t want trade agreements’ and just try to protect the U.S. in that regard,” he added. “It’s much more about having more favorable terms than it is about protectionism.”

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UPS Press Release

UPS Reports 2Q EPS Of $1.58 As Revenue Grows Across All Segments

  • U.S. Domestic Operating Profit Jumps 13% and Margin Expands to 14.3%
  • U.S. Domestic Revenue up 8.1% on Strong Air & Ground Product Growth
  • Export Shipments Rise 12% with Gains from all International Regions
  • International Revenue up 2.8%, Currency-Neutral Revenue* 8.3% Higher
  • All Supply Chain & Freight Units Contribute to 12% Revenue Increase
  • Company Reiterates Full-Year 2017 Adjusted EPS Guidance
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UPS News

UPS filling 1,600 jobs in Florida – Jax Daily Record

Part-time workers to be trained by Nov. 1.

United Parcel Service said it is hiring about 1,600 new part-time positions across four shifts between the Jacksonville hub being expanded in Westside Industrial Park and a relief hub at Westlake Industrial Park.

UPS said it is hiring through October with a goal to have the positions filled and trained by Nov. 1. The jobs are package sorting.

Candidates can start the application process at upsjobs.com.

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UPS News

UPS earnings: How much will Prime packages cut into margins? – Marketwatch


Free overnight toothpaste is great for consumers, but a profit-killer for UPS

United Parcel Service Inc. will report second-quarter earnings on Thursday before the market opens, and analysts will be focused on whether the company’s big spending plans are paying off as it seeks to capitalize on the growth in e-commerce.

As the primary shipping partner of Amazon UPS  benefits from rising package volumes, but has been losing money on more costly deliveries to consumers’ homes.

“The last mile is outrageously expensive,” Logan Purk, an Edward Jones analyst, told MarketWatch, because individual consumer deliveries are smaller, less densely-concentrated, and often less accessible than deliveries to businesses.