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UPS News

How I Made It: Noel Massie – LA Times

The chief of UPS’ Southland district credits an enterprising work ethic for his gains.

The gig: Noel Massie is president of United Parcel Service’s Southern California District, which has 20,000 employees and serves 144,000 customers in the area that includes the Southland, Hawaii and the southern tip of Nevada. On top of being responsible for a typical budget of $190 million, Massie oversees every aspect of the district’s operation, including sales and customer relationships. Massie was installed as chair of the Los Angeles Area Chamber of Commerce this year.

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UPS Press Release

More than 7,200 UPS Drivers Have Steered Clear of Accidents for a Quarter Century

UPS today announced the induction of 1,519 drivers into its elite “Circle of Honor,” raising to 7,221 the number of drivers who have avoided accidents for 25 years or more.

The number of new inductees is the largest for any single year in the company’s history and includes 42 new members from Canada, Germany and Puerto Rico.

Collectively, the 7,221 drivers have logged more than 5.3 billion miles and more than 198,000 years of safe driving through their careers. That’s enough miles to travel to Mars and back 19 times.

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UPS News

Bomb Scare in California at UPS Center West of Staples Center

A bomb scare at a UPS service center west of the Staples Center in downtown Los Angeles is over after authorities determined noises coming from a drop box were caused by an alarm or clock inside a pacakge, according to the Los Angeles Police Department.

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UPS News

UPS increases dividend by 8 percent – Yahoo

UPS says it is increasing its quarterly dividend by 8 percent as a result the shipping company’s improved cash flow.

The Atlanta-based company said late Thursday that it will pay a dividend of 67 cents per share March 11 to shareholders of record as of Feb. 24. That’s up from its most recent dividend of 62 cents per share.

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UPS Press Release

UPS Board Increases Quarterly Dividend

The UPS (NYSE: UPS) Board of Directors today declared a regular quarterly dividend of $0.67 per share, up $0.05 or 8.1%, from $0.62 per share, on all outstanding Class A and Class B shares. The dividend increase is in recognition of the company’s solid cash flow performance and commitment to delivering shareowner value.

The dividend is payable March 11, 2014, to shareowners of record on February 24, 2014.

“During 2013, UPS generated $5.3 billion in free cash flow, enabling reinvestment for growth,” said Scott Davis, UPS chairman and CEO. “In addition, we increased our shareholder distributions, paying dividends of $2.3 billion and repurchased more than $3.8 billion in UPS shares. This latest dividend increase shows that the UPS business model consistently generates improved returns to shareowners.”