Tag: UPS

UPS wants credit card company CFO on board

Posted by | Feb 14, 2007 | |

United Parcel Service Inc.’s board has nominated American Express Co. Chief Financial Officer Gary L. Crittenden to serve as a director, as UPS’ most senior board member prepares to retire.
Crittenden will stand for election at the UPS annual shareholders meeting on May 10.
Crittenden became American Express CFO in June 2000. Prior, he was the CFO of Monsanto Co. and Sears Roebuck Co. He began his career in consulting with Bain & Co., where he worked on a range of strategic projects in the United States and Germany. He currently serves on Staples Inc.’s board of directors.
Atlanta-based UPS also reported long-time independent director Gary MacDougal will not stand for re-election due to the company’s age guidelines for board members. MacDougal joined the UPS board in 1973 and is now the senior member of the board.
MacDougal served as the chairman and CEO of Mark Controls from 1969 to 1987. Prior, he was a partner at McKinsey & Co., an international management consulting firm. In 1989, MacDougal was appointed by President George H.W. Bush as a delegate and alternate representative in the U.S. delegation to the United Nations.

Read More

Epps Retires as President of The UPS Foundation. Lisa Hamilton named successor

Posted by | Feb 14, 2007 | |

UPS announced the appointment of Lisa Hamilton, a Public Affairs manager in Washington, D.C., as the next president of The UPS Foundation, succeeding the retiring Evern Cooper Epps.

Hamilton will take the reins of The UPS Foundation in March. A native of Atlanta, she earned a BS degree in Commerce from the University of Virginia and a Juris Doctor degree from the University of Michigan. She has been with UPS for 10 years and before her current post, served as The UPS Foundation’s program director.

Founded in 1951 and based in Atlanta, The UPS Foundation donates more than USD 45 million annually to charitable organizations worldwide. The UPS Foundation’s major initiatives include programs that support global volunteerism, literacy programs and hunger relief. In recent years, the company has focused on expanding its philanthropy and volunteer programs outside the United States in tandem with the company’s business expansion.

Epps, a native of Detroit, joined UPS 32 years ago and has served as president of The UPS Foundation since 1998. Only the fourth president in the Foundation’s 55-year history, she has guided the organization through a period of significant growth and change.

During her tenure, The UPS Foundation focused its giving into three primary areas: volunteerism, hunger and literacy.

Read More

UPS Bulgaria reports surge in incoming express deliveries

Posted by | Feb 8, 2007 | |

The Bulgarian unit of UPS said incoming shipments have posted a significant increase so far in 2007 with outgoing packages rising 20% year-on-year in January, said Zhana Toromanova, the UPS marketing manager for Bulgaria.

In synch with Bulgaria’s EU entry on January 1, UPS aligned its local product range to the pan-EU portfolio it offers in 27 member states.

The company started offering UPS Express Plus which guarantees delivery by 9 am the next business day to virtually all business areas within the country and in Europe; UPS Standard, a service for less urgent shipments with day-definite delivery; and UPS Expedited, a service for shipments to worldwide destinations.

UPS said the new services are expected to boost Bulgaria revenues by 15% in 2007. The company reported a 22% increase in revenues last year.

Read More

UPS board boosts dividend

Posted by | Feb 8, 2007 | |

The Board of Directors of UPS citing its confidence in the company’s financial position and prospects for growth, today increased the quarterly dividend to USD0.42 per share from USD0.38 per share on all outstanding Class A and Class B shares.

The dividend is payable March 6, 2007, to shareholders of record on Feb. 20, 2007.

UPS now has increased its dividend five times in the past four years, doubling the quarterly payout from the USD0.21 per share declared in February 2003. UPS has either increased or maintained its dividend every year for more than three decades.

The Board also voted to increase to USD2 billion its authorization for the repurchase of Class A and Class B shares.

Read More

First Canadian appointed to lead UPS Canada

Posted by | Feb 7, 2007 | |

UPS has announced the appointment of Mike Tierney as president of UPS Canada. As the first Canadian to be appointed to the position, Tierney will draw on his experience and knowledge of global commerce to drive performance and growth in the country.

Prior to his new position, Tierney led operations in a US district covering Arkansas, northern Mississippi and western Tennessee. He previously worked his way up through various management positions within UPS Canada.

Tierney replaces Glenn Rice, who has taken responsibility for UPS package operations in eight US states encompassing New York, New Jersey and New England, with over 44,000 employees.

Referring to his strategy for UPS Canada, Tieney said he aimed to help Canadian businesses to reach new markets and succeed in an increasingly competitive global economy. “Companies need to take advantage of the growing opportunities available through global trade,” he said. “By the year 2015, some 30% of global GDP is expected to be cross-border international trade. Yet a recent report from Industry Canada indicates only 1.4% of small businesses are currently targeting cross-border markets for growth.”

UPS Canada, with more than 8,000 employees, a fleet of 2,500 delivery vehicles and more than 1,000 service points, serves every address in the country and delivers Canadian packages to over 200 countries and territories.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

Have you noticed a decrease of non-EU inbound parcel volumes since the implementation of the new €3 charge?

Thank you for voting
You have already voted on this poll!
Please select an option!


View ResultsHide Results

Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

Subscribe to the Magazine

 

Pin It on Pinterest