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UPS News

UPS fires 20 Maspeth workers for February walkout – Forum News Group

The United Parcel Service provided 20 Maspeth employees with pink slips this week with potentially more to come, the company said.

“We have implemented the release of a group of employees that participated in the Feb. 26 walkout,” a spokesman for UPS said in a statement. “Our first priority is to maintain orderly delivery operations and we chose to release 20 employees in order to minimize the chance of any impact on customer commitments. The misconduct on Feb. 26 was serious and the company is taking contractually appropriate actions to address those employees involved in the unauthorized work stoppage.”

A source who is familiar with the mass terminations said there were several more to come this week for the same reasons as stated by the company.

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Industry News

FedEx Opens Freight Station in Chicago – Yahoo

FedEx Corp. (FDX) announced last week the opening of a container freight station in Chicago to facilitate shipments to Puerto Rico. The freight station constitutes part of the company’s entire North American network which involves over 360 freight service centers. We expect this station to enhance network fluidity and service efficiency and eventually attract more customers.

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UPS News

Want a job? Deliver, or protect – CNN

If the trajectory of American daily life keeps heading in its current direction, the country may end up with only two dominant occupations:

— Carrying stuff in boxes to people’s houses.

— And keeping a watchful eye on those same people so they don’t hurt each other or steal things when they do leave their homes.

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Industry News UPS News

Why UPS’ Higher Margins Can Make You a Profit – Motley Fool

Shipping and logistics is a business where capital intensity and network size really matters. The world’s largest parcel delivery company, United Parcel Service, is showing its biggest two competitors, FedEx  and DHL, why its business structure generates higher margins, and thus superior profitability.

To sum it up, the factors that make UPS a great investment case and an amazing company to hold for long-term investment are its greater package volume, concentration on high-margin ground shipping, and use of a single network rather than parallel air and ground operations.

However, its competitors should not be underestimated, as they hold a good position and well-established brands as well.

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UPS News

Big data sparks cultural changes – Financial Times

It only takes a quick internet search of the terms “UPS” and “telematics” to understand why the promised benefits of big data are likely to take longer to arrive than many have been led to believe.

Five years after it started installing sensors to monitor its vehicles and using GPS to track their movements, UPS launched one of its most ambitious technology projects: a system capable of handling the massively complex task of optimising the routes taken by its tens of thousands of drivers. No matter how impressive the technology, it is only as good as the people who use it.

“For the first time in their 100-year history, they can make real-time routing decisions about picking something up and dropping it off,” says Tom Davenport, a US management expert and author, most recently, of Big Data at Work. He adds: “It takes a lot of autonomy out of the job [for drivers]. UPS people say that change management is the biggest issue.”