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UPS Press Release

UPS Recognized by EPA with SmartWay Excellence Award

The U.S. Environmental Protection Agency (EPA) presented UPS® (NYSE:UPS) with the SmartWay Excellence award which recognizes outstanding environmental performance and leadership.

“For two years in a row, the EPA has recognized UPS’s efforts to be more efficient and reduce our environmental impact across the nation and the globe,” said Mark Wallace, UPS senior vice president, global engineering and sustainability. “UPS strives to improve our business while operating in the most sustainable way possible. We appreciate that the EPA recognizes the importance of these efforts.”

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UPS Press Release

The UPS Foundation Advances Global Forestry Initiative

Seven million trees planted in 52 countries around the world The UPS Foundation grants $130,000 to Credit Valley Conservation Foundation

The UPS Foundation, which leads the global citizenship programs for UPS®, announced it will award more than $3.3 million (CAD) in grants to nonprofit organizations focused on environmental sustainability initiatives. This includes a significant grant to 25 year partner, The Nature Conservancy, a global organization that works to preserve ecologically important land and water resources through conservation. Other grants will support programs that advance environmental research and education, carbon reduction and energy conservation – all vital to economic growth and community stability.

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Industry News UPS News

Why United Parcel Service and FedEx Corporation Are Hiking Prices – Motley Fool

Why prices are going up
The pricing increases will grab the headlines, but in reality they are part of a series of actions both companies have been taking to maximize profitability. In short, FedEx and UPS need to take these measures because they are seeing margin pressure as a result of burgeoning e-commerce delivery growth. That pressure shows up in different ways.

  • The need to expand capacity to deal with increased costs brings about higher operational costs — at least initially eating into gross profit margins.
  • E-commerce demand during peak season is putting pressure on both companies to have the right capacity in place at the right time — UPS in particular has had issues with this subject.
  • E-commerce vendors are packaging inefficiently and increasingly shipping large, difficult-to-deliver items, such as trampolines or gym equipment.

 

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UPS Press Release

UPS To Hold More Than 300 Global Volunteer Events Worldwide

Focuses on Development Opportunities for Women and Young Girls

During October, nearly 20,000 UPS (NYSE: UPS) employees on five continents around the world will participate in the company’s 14th annual Global Volunteer Month. Employees are expected to donate 325,000 volunteer hours to more than 300 community service events taking place across North America, Europe, Latin America, Asia Pacific and Indian subcontinent, Middle East and Africa (ISMEA).

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UPS News

Do Black lives matter to Big Brown? – Socialist Worker

Why has UPS been described as an ethical company? In a press release, Big Brown stressed that “the World’s Most Ethical Companies designation recognizes those companies that align principle with action, [and] work tirelessly to make trust part of their corporate DNA.”

But there’s something else engrained deep in UPS’s “corporate DNA”: racism. Across the U.S., UPS has singled out and systematically harassed African American workers, leading to civil right lawsuits, protests by the NAACP and, in one case, a picket against racism by a local Teamsters union.