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UPS News

UPS Pilots Union Says Sides Near Impasse – Wall Street Journal

Federal mediators expected to decide whether the two parties have reached a stalemate

The union representing United Parcel Service Inc. pilots on Tuesday said it thinks it is nearing an impasse in contract negotiations with the delivery giant after nearly five years.

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UPS Press Release

UPS Honored As WBENC Top Corporation For Women Business Enterprises – Platinum Distinction

In concert with the Women’s Business Enterprise National Council (WBENC), UPS® (NYSE: UPS) is proud to be included on the 16th annual list of America’s Top Corporations for Women’s Business Enterprises (WBEs), the only national award honoring corporations for world-class supplier diversity programs that reduce barriers and drive growth for women-owned businesses.

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UPS News

UPS weighs options after race bias verdict – Business Insurance

United Parcel Service Inc. said it is considering whether to appeal a $5.3 million award given Thursday by a Lexington, Kentucky, jury to eight black men who had charged the Atlanta-based firm with a hostile work environment.

According to media reports, the Fayette County Circuit Court jury also found UPS had discriminated against one of the eight, and that the company had retaliated against two men after they complained.

There was testimony and evidence that an effigy of black UPS driver was hung from a ceiling for four days.

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UPS News

United Parcel Service: Driving down Memory Lane – Market Realist

United Parcel Service traces its origins to a humble beginning by two teenagers in 1907. Claude Ryan and Jim Casey started the American Messenger Company with a $100 loan and a Seattle basement. They carried notes and made home deliveries on foot and by bicycle, beginning their specialized business of parcel and message delivery. Today’s UPS relies on the pair’s core values of neatness, reliability, courtesy, and ethical practices.

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Industry News

UPS asks EU court to annul EU veto of its 2013 TNT bid – Reuters

* Rare opportunity for EU court to rule on EU M&A principles

* UPS says EU antitrust regulators made manifest errors

Thwarted in its bid to acquire Dutch peer TNT three years ago, U.S. package delivery company UPS took its case to court on Wednesday, asking judges to overturn the EU veto because of “manifest errors” made by antitrust regulators.