UPS Company Profile

April 18, 2024 The 2023 U.S. Parcel Shipping Index is out, and it shows Amazon leading the pack in a changing industry landscape.

April 5, 2024 FedEx and UPS have announced additional delivery charges for 82 zip codes, including major cities like New York, Los Angeles, and San Francisco.

April 3, 2024 Experts discuss the effects of UPS replacing FedEx as USPS' main air cargo provider, and what it means for the industry.

April 2, 2024 Following the news that UPS has been awarded what it labeled a “significant air cargo contract” by the United States Postal Service (USPS), which used to be handled by its biggest competitor, FedEx, there has been no shortage of feedback and opinions on the development.

April 1, 2024 UPS lands a major contract as it replaced FedEx as USPS's primary air cargo provider.

April 1, 2024 Atlanta-based global freight transportation and logistics services provider UPS said earlier today it has been awarded what it labeled a “significant air cargo contract” by the United States Postal Service (USPS). UPS officials said that this contract takes effect immediately while also expanding the existing relationship between UPS and USPS. And the company added that after a transition period, UPS will be the primary air cargo provider for USPS, moving the majority of USPS’s United States air cargo.

April 1, 2024 Take control of your Parcel shipping costs with parcel spend management 2.0 - elevate your logistics game today!

March 31, 2024 UPS will invest $9 billion in automation, targeting efficiency and savings, while closing 200 U.S. facilities.

March 26, 2024 Atlanta-based global freight transportation and logistics services provider UPS unveiled details regarding its strategic growth and productivity initiatives and its three-year financial targets at its Investor Day. Company officials stated that through its ongoing “Customer First, People Led, Innovation Driven” strategy, UPS is focused on setting up to the company to be the “premium small package provider and logistics partner in the world.”

March 22, 2024 Quarterly revenue, at $21.7 billion, was off 2.3% annually, and operating income, at $1.24 billion, rose 16% annually. Earnings per share, at $3.51, topped the $3.05 from a year ago, topping Wall Street expectations of $3.30. Net income, at $879 million, was up 12% annually.

March 20, 2024 When Memphis-based global freight transportation and logistics services provider FedEx and global e-commerce giant Amazon ended their business relationship in 2019, one could have likely assumed, at the time, that the breakup was permanent.

March 11, 2024 MODEX 2024 opened with a full slate of product announcements, enhancements, partnerships and more from a jam-packed Georgia World Congress Center.

March 11, 2024 UPS' President of Supply Chain Solutions Bill Seward discusses supply chain strategy, technology investments, and more at MODEX 2024.

March 6, 2024 MODEX 2024 will bring over 45,000 professionals in the robotics, supply chain, material handling, logistics and transportation space to Atlanta in March 2024.

February 15, 2024 UPS noted that with this move it is the first global small package carrier in Canada to provide committed Saturday ground residential delivery of shipments from the United States and within Canada at no additional charge.