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UPS Press Release

Mother’s Day Kicks Off May for UPS Small Business Customers

UPS (NYSE:UPS) is partnering with some of its small business customers to share their stories and support the growth of their businesses for Mother’s Day and Small Business Week. Accounting for roughly 46 percent of the private gross domestic product (GDP)1, small businesses are strong drivers of the U.S. economy, and UPS is committed to supporting this growing community.

Small Business Daily Deals-Mother’s Day

UPS is partnering with four small business customers to offer consumers special deals this Mother’s Day. These special offers will be shared on UPS’s official social channels @ups and Facebook the week of May 5.

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Industry News UPS News

Amazon’s Going the Extra Mile to Deliver Your Packages – Motley Fool

Amazon.com is testing its own in-house delivery service in a few key cities like San Francisco, Los Angeles, and New York. According to The Wall Street Journal, the company hopes to save money and reduce delivery times by cutting out package delivery companies like United Parcel Service  and FedEx.

At first glance, the prospect of having Amazon.com go its own way might seem like a big problem for UPS and FedEx. In reality, while Amazon may “insource” some deliveries, most of its packages will continue to be delivered by other companies for the foreseeable future. Moreover, other retailers will become ever more reliant on UPS and FedEx to compete with Amazon.

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UPS News

UPS: Take Advantage Of Irrational Pricing – Seeking Alpha

The market generally reacts to negative news too drastically and in many cases value can be found before the dust settles. UPS has been dinged up in the past few months by a combination of mis-estimating holiday traffic and increased costs due to the harsh weather over the first quarter. These events led to United Parcel Service (UPS) missing analysts’ estimates which has resulted in a buying opportunity.

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UPS Press Release

Weather Impacts UPS 1Q Results

  • U.S. Domestic Daily Volume Increases 4.2%
  • International Operating Profit Climbs 12%
  • International Daily Volume Jumps 7.9% on Strong Europe Growth
  • E-commerce Drives Robust Demand in the U.S. for Lightweight Solutions
  • Generates Free Cash Flow of $1.9 Billion
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UPS News

A Second Contract Vote Fails: How UPS’s Most Important Distribution Center Is at Risk

The Teamsters’ Local 89 Union at United Parcel Services’ famed Worldport Hub has once again voted down the proposed Louisville air supplement in a vote of 2804 against and 185 for the proposal. This marks the second time that the contract has been voted down, and it highlights the ongoing strain between UPS and one of the company’s most important local unions.