UPS expands networks in North America, extends freight services to Myanmar
UPS has been expanding its operational networks in North America, and has launched freight forwarding services in Myanmar.
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Regulators allow USPS price drop despite complaints from UPS, FedEx
Regulators in the United States have approved plans by the US Postal Service to lower its Priority Mail rates for business customers from next month — despite concerns expressed by ground shipping rivals UPS and FedEx.
Read MoreUPS Capital names Ronald Chang as president
UPS announced Ronald Chang, currently vice president of UPS Capital Corporation, has been named president of UPS Capital. This business unit of UPS enables smarter trade through cargo and parcel insurance, trade finance and payment services. Chang succeeds Bob Bernabucci, who will retire from the company after 41 years.
Read MoreUPS doubles carbon intensity goal for 2020
UPS today released its 12th annual Sustainability Report announcing that in addition to reducing overall carbon emissions in 2013, the company also met its 2016 goal of reducing its air and ground fleet’s carbon intensity by 10 percent three years early. Thus, the company has set a new goal to achieve a 20 percent reduction in carbon intensity from transportation by 2020.
Read MoreUPS profits down 57% after retiree liability charge
UPS profits have been dented by the restructuring of its healthcare programme, as earnings per share dropped 57% in the second quarter of the year.
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