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UPS Press Release

UPS Applauds The Advancement Of Groundbreaking Global Customs Agreement

Customs deal helps propel exports by setting global standards

UPS (NYSE: UPS), commends the 110 countries who ratified the Trade Facilitation Agreement (TFA), a pact that will raise standards for customs processing and allow exports to reach their destinations more quickly and efficiently.

“TFA ushers in a new customs framework, making businesses more competitive and facilitating their growth through exports,” said David Abney, UPS Chairman and CEO. “By creating smarter rules that simplify how goods cross borders, this agreement will streamline the flow of commerce to meet the demands of the 21st-century economy.”

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UPS News

New FCRA Class Action Against UPS Shows Traditional FCRA Claims Alive and Well – jdsupra

… a recent lawsuit against UPS reminds employers to maintain continued vigilance against traditional FCRA background check claims. In a case filed on February 13, 2017, Riley v. United Parcel Service of America, Inc, Case No. 6:17-cv-00254, the plaintiff alleges that in November 2016, UPS offered him a job as a customer service representative, subject to a background check. Subsequently, on November 14, 2016, UPS notified plaintiff that the company was revoking the offer due to information revealed in the background check report, without ever telling him what the information was or giving him an opportunity to discuss the information.

Thereafter, Riley brought claims under FCRA alleging that that the company failed to provide him a copy of the report, failed to notify him of his rights under the FCRA, and failed to allow him to respond to the information.

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UPS News

UPS to deliver $2.3 billion pension contribution, pays out $685 million in lump sums – Pensions & Investments

United Parcel Service Inc., Atlanta, plans to contribute $2.3 billion to its U.S. defined benefit plans in 2017, the company announced in a 10-K filing with the SEC.

UPS also announced in the 10-K it made $685 million in lump-sum payments in the fourth quarter to about 22,000 former employees in the company’s U.S. defined benefit plans.

UPS had made the offer to about 50,000 former employees who were vested in the U.S. defined benefit plans but who had yet to retire. The population consisted of former employees in non-union and some union plans who had terminated their UPS employment between July 2003 and June 2016.

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UPS News

UPS tests home delivers via drones – CNBC

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UPS Press Release

UPS Tests Residential Delivery Via Drone Launched From Atop Package Car

  • UPS works with truck-launched drone-maker Workhorse Group in latest test
  • Test demonstrates potential efficiencies drones can provide on rural delivery routes
  • Unlike previous drone tests, UPS/Workhorse test incorporates drone delivery into day-to-day delivery operations

UPS (NYSE:UPS) announced today that it has successfully tested a drone that launches from the top of a UPS® package car, autonomously delivers a package to a home and then returns to the vehicle while the delivery driver continues along the route to make a separate delivery.