UPS received the inaugural American Business Award for “Most Innovative Company” for the technological advancements of its WorldportSM global air hub in Louisville, Ky. UPS was selected from 18 finalists for its outstanding leadership, innovation, perseverance, creativity, teamwork and integrity at companies of all sizes.
Read MoreUPS has become the first package delivery company to broadly offer occasional shippers working in small offices or at home same-day pickup service for ground parcels, not just air express. The new UPS service, named On-Call PickupSM, allows a busy business owner, for example, to use the Internet or telephone to schedule a pickup of any type package either on the same day or on a future date, should they be unable to leave the office. The service is priced economically and requires only that a customer use “MyUPS.com” on the Web to prepare the package.
Read MoreA group of Mail Box Etc. franchise owners have filed suit in California state court alleging that United Parcel Service Inc. is violating state franchise laws. Two years ago, UPS bought Mail Boxes Etc. and this year the Atlanta-based shipping company offered franchise holders discounts on shipping services if they would rename their outlets “The UPS Store” and agree to other operating changes. The suit filed April 25 in California Superior Court in Los Angeles alleges that UPS violated the California franchise investment law by failing to properly register the new franchise and provide store operators with a uniform franchise offering. It also alleges that UPS made “earnings claims” about The UPS Store without providing franchisees with the backup and disclosure required by California law.
Read MoreUPS today reported solid first quarter results driven by its international and non-package businesses, with both segments generating strong revenue growth and record-setting profits. For the quarter ended March 31, 2003, revenue totaled USD8.02 billion, up 5.8% from the USD7.58 billion reported during the prior-year period. Consolidated operating profit fell 0.2% to USD945 million. Net income increased 24.4% to USD611 million compared to the prior year’s USD491 million.
Read MoreAfter more than two years of lobbying and filing several legal pleadings, United Parcel Service and FedEx Corp. have finally gotten their wish. The Department of Transportation, in an apparent win for the companies, said last week it would take a fresh look, or de novo review, of DHL’s citizenship. The parties are set to meet April 29 at a prehearing conference before the Department of Transportation’s chief administrative law judge, Ronnie A. Yoder, where they will set a schedule for the hearing, a DOT spokesman said. The ALJ has until Sept. 2 to decide what entity actually controls DHL Airways, the air carrier to determine whether DHL Airways meets U.S. citizenship requirements for air carriers.
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