Categories
UPS Press Release

UPS Enhances Flex Global View

UPS has upgraded Flex® Global View, the premier supply chain information tool for UPS freight forwarding customers. Flex Global View provides customers with visibility into four major areas of the supply chain: transportation, customs brokerage, supplier management, and warehousing/fulfillment.

New enhancements include more descriptive alerts providing customers with shipment milestones about air, ocean and surface freight forwarding shipments. Users will also benefit from new systems-driven logic to help ensure shipment updates are more helpful and timely. Customers will have visibility to customs entries in over 20 countries added throughout 2016.

Categories
UPS News

United Parcel Service to Clean Energy Fuels: Let’s Make a Deal – Motley Fool

What the latest news means for UPS.

Right in time for Valentine’s Day, United Parcel Service and Clean Energy Fuel Corp. just announced they’re deepening their relationship with another natural gas deal. Here’s what you need to know.

The not-so-dirty details
United Parcel Service has agreed to use up to 500,000 gallon equivalents of Clean Energy Fuel Corp.’s renewable liquefied natural gas (RLNG) annually in Texas. The new terms sit on top of a pre-existing deal between the two corporations for UPS to purchase up to 1.5 million gallon equivalents of renewable compressed natural gas annually for use in California. The Texas deal is enough to fuel around 140 UPS tractors, while the Cali contract accommodates nearly 400 vehicles.

Categories
UPS News

5 Takeaways From the United Parcel Service Conference Call – Motley Fool

The takeaway
All told, UPS’ delivery during peak has helped derisk the stock, and underlying revenue improvements should start to shine through provided oil prices don’t continue to fall sharply. Investors shouldn’t worry too much about Amazon, because UPS isn’t purely seeking e-commerce volume.

Moreover, the investment thesis on UPS isn’t just about growing e-commerce revenue, it’s also about the company’s ability to deliver, and given the $5 billion in free cash flow in 2015 (representing 5.2% of its enterprise value), I would argue that the stock looks a little undervalued at $97.

 

Categories
UPS Press Release

UPS Board of Directors Names David Abney Chairman, Appoints William R. Johnson to Lead Independent Director Role, and Announces Quarterly Dividend

The UPS® (NYSE:UPS) Board of Directors today announced it has unanimously elected David P. Abney, UPS Chief Executive Officer, as Chairman of the Board, effective immediately. Abney succeeds Scott Davis as Chairman, who will retire from his position on the UPS Board effective as of the 2016 Annual Meeting of Shareowners.

In other business, the UPS Board of Directors also today declared a regular quarterly dividend of $0.78 per share on all outstanding Class A and Class B shares.  The dividend is payable March 9, 2016, to shareowners of record on February 22, 2016.

UPS has a long history of its commitment to cash dividends. For more than four decades it has either increased or maintained its dividend. Since 2000, its dividend has more than quadrupled.

Categories
UPS Press Release

UPS Shares Valentine’s Day ‘Lovegistics’

  • 100 Million Flowers Flow Through UPS Global Logistics Network
  • Last Minute Cupids Can Ship as Late as Friday February 12th

Cupid will receive a helping hand this Valentine’s Day, as UPS® (NYSE: UPS) fills its network this week with flowers, steaks, sweets and gifts.

UPS will move more than 100 million flowers or 9 million pounds, to love birds around the United States. That’s enough to fill approximately 70 Boeing 767 cargo aircraft. Many of the roses and tropical flowers originate from Latin American countries, primarily Colombia and Ecuador. More than 90% of the imported flowers will travel through Miami International Airport (MIA) where UPS is the largest air cargo carrier. From the flower farm to the importer, the journey takes less than two days.