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UPS' "better, not bigger" approach pays off in quarterly results
UPS’ fourth-quarter results for 2021 showed a year-on-year increase of 11.5% in consolidated revenue, despite delivering fewer parcels. The company also reported an increase in consolidated operating profits of 37.7% o...
Multinationals push to regionalise operations after supply chain crisis
Pandemic pressures have prompted a major rethink of supply chain structure, according to Scott Price, president of UPS International. With continuing strains on long-distance routes due to fluctuating consumer demand, and di...
Pandemic e-commerce boom may be slowing
E-commerce spending may be slowing after a pandemic boom, according to the latest financial reports from UPS and Amazon. UPS shares fell to the lowest in three months this week after domestic US volume in its second quarter ...
UPS reports revenue surge fuelled by online shopping boom
United Parcel Service (UPS) has reported a 13.4% year-on-year jump in revenue for its second quarter, reaching $20.5 billion. This means it beat analysts' forecasts of around $17.5 billion. The company reported an average d...
Business Insider takes a look inside UPS driver training school
Hayley Peterson, a senior correspondent for Business Insider, took a look inside Integrad, the UPS driver training school, to see how students learn to drive and deliver safely for the world’s largest courier company. ...
China flights have been made voluntary for UPS pilots
The union representing UPS pilots has reached an agreement with the company to make flights to mainland China voluntary as the coronavirus crisis unfolds. Pilots and crewmembers with concerns about their safety can opt to be...