Categories
UPS News

There Is One Company that Could Put a Big Dent in the Shark Fin Trade Overnight – Motherboard

Over the course of seven weeks last fall, workers in Costa Rica allegedly filled 194 sacks with dried fins that had been sawed off the backs of an estimated 15,000 sharks. In six separate shipments weighing one ton each, the fins flew over the Pacific Ocean, miles above the waves. When they finally reached their destination 10,000 miles away, the small gray triangles were unloaded, sack by sack, and dropped into soups across Hong Kong.

The company hired to ferry the fins across the ocean to Hong Kong is the biggest delivery company on Earth: United Parcel Service, or UPS. And despite outcry, UPS isn’t saying how many more shipments of shark fin it makes—or whether it has plans to stop.

According to an export certificate by Costa Rica’s National Animal Health Service, UPS isn’t shipping just any old shark fin, either. The documents show that, working with China Airlines, UPS shipped the fins of several species of shark that are considered “vulnerable” by the International Union for Conservation of Nature’s Red List. The listing connotes that the species is facing “a high risk of extinction in the wild in the medium-term future.”

Categories
UPS News

UPS Thinks These Are 5 of Its Biggest Risks – Motley Fool

United Parcel Service (NYSE:UPS) may seem too big and brown to fail, but that’s simply not true. Even big companies can have big risks. With $35 billion in assets, 435,000 employees, and operations in 220 countries and territories, UPS has a lot to manage.

In every annual 10-K SEC filing, corporations have to list their biggest risks. Here are five of the biggest risks UPS thinks it (and its shareholders) has to handle.

Categories
UPS News

United Parcel Service, Inc. (UPS) Leading the Pack in Technology Investments – TWST

BB&T Capital Markets Analyst Kevin Sterling says United Parcel Service, Inc. (UPS) is leading the pack in terms of technology investments. He says the company is looking to tackle the opportunities and challenges of e-commerce with things like its ORION software.

“ORION is a mapping software which essentially helps drivers reduce empty miles, maximizing their effectiveness and utilization throughout the day,” he says. “A reduction of one mile per driver per day at UPS can save the company $50 million a year.”

Categories
UPS Press Release

UPS Board Announces Quarterly Dividend

The UPS (NYSE: UPS) Board of Directors today declared a regular quarterly dividend of $0.73 per share on all outstanding Class A and Class B shares.

The dividend is payable September 1, 2015, to shareowners of record on August 17, 2015.

Earlier this year, the UPS Board increased the regular quarterly dividend by 9% to the current level of $0.73 per share. The company has paid either stock or cash dividends every year since 1955 and has more than quadrupled its dividend since it went public at the end of 1999.

Categories
UPS News

3 Numbers to Put UPS’s Profit in Perspective – Motley Fool

United Parcel Service is more than its bottom line.

Profitability is important. It’s the literal bottom line every investor needs to know — but it isn’t everything. Companies turn sales into profit in different ways. UPS stock has been hot and cold for investors over the past few years, and it’s often tricky to pick which metrics matter most. For investors interested in understanding UPS’s real bottom line, there’s more to this megacorporation than many might imagine. Here are three numbers to put United Parcel Service‘s (NYSE: UPS) profit in perspective.