|06/22/18||UPS And International Brotherhood Of Teamsters Reach Handshake Agreement For New National Master Agreement|
|ATLANTA, June 22, 2018 (GLOBE NEWSWIRE) -- Months of collective bargaining have culminated in a tentative agreement for UPS (NYSE: UPS) and the International Brotherhood of Teamsters. The five-year agreement, which is subject to ratification, covers Teamsters-represented UPS employees in small package roles.
UPS’s goal has been to reward the company’s employees for their contributions to its success while enabling the business to remain flexible to meet its customers’ needs – each of these go... |
|05/10/18||UPS Board Announces Quarterly Dividend|
|ATLANTA, May 10, 2018 (GLOBE NEWSWIRE) -- The UPS (NYSE: UPS) Board of Directors today declared a regular quarterly dividend of $0.91 per share on all outstanding Class A and Class B shares.
The dividend is payable June 6, 2018 to shareowners of record on May 21, 2018.
UPS has a long history of rewarding shareowners with generous cash dividends. The company, known for successive annual dividend increases, has paid either stock or cash dividends every year since 1955 and has more than quadru... |
|05/10/18||UPS Holds Shareowners’ Meeting, Elects Board Members|
|WILMINGTON, Del., May 10, 2018 (GLOBE NEWSWIRE) -- Shareowners of UPS (NYSE: UPS) today elected a Board of Directors for a one-year term and ratified the appointment of Deloitte & Touche LLP as the company’s independent registered public accountants. Thirteen directors stood for election to the Board, and all were elected by wide margins.
UPS shareowners also approved the 2018 omnibus incentive compensation plan, which is intended to optimize UPS profitability and growth through annual an... |
|04/26/18||UPS Delivers 1Q 2018 EPS of $1.55, Up 17%|
|International Revenue and Operating Profit Climb 15%
Average Daily Exports grew 12%, Led by Europe and U.S. Trade Lanes
Supply Chain & Freight Operating Profit up 14% on 16% Revenue Growth
U.S. Domestic Revenue Rises 7.2% on 4.6% Volume Growth
Weather Conditions Muted First Quarter U.S. Domestic Results
Cash from Operations of $4.1B Resulted in Free Cash Flow* of $2.6B
Reaffirms Full-Year 2018 Adjusted EPS Guidance
ATLANTA, April 26, 2018 (GLOBE NEWSWIRE) -- UPS (NY... |
|04/25/18||UPS Offers Voluntary Retirement Incentive To Eligible U.S.-Based Management Employees|
|ATLANTA, April 25, 2018 (GLOBE NEWSWIRE) -- UPS (NYSE: UPS) today announced further actions within the company’s organizational transformation initiatives. A select group of non-operations, retirement-eligible U.S. management employees were informed of their eligibility for participation in a special Voluntary Retirement Plan (VRP). Under the VRP, eligible employees will be offered a financial buyout to retire. The voluntary retirement program is designed to occur in phases to help maintain a... |
|02/08/18||UPS Names Christiana Smith Shi to Board of Directors|
|ATLANTA, Feb. 08, 2018 (GLOBE NEWSWIRE) -- UPS (NYSE:UPS) today announced that its board of directors has named Christiana Smith Shi as a UPS company director effective immediately.
Shi, age 58, is the founder and principal of Lovejoy Advisors, LLC, an advisory services firm helping to digitally transform consumer and retail businesses. Previously, she served as president of Nike Inc.’s Direct to Consumer business from 2013 to 2016, vice president of E-Commerce from 2012 to 2013, and chief ... |
|02/08/18||UPS Board Announces Increased Quarterly Dividend|
|ATLANTA, Feb. 08, 2018 (GLOBE NEWSWIRE) -- The UPS (NYSE: UPS) Board of Directors today declared an increased regular quarterly dividend of $0.91 per share on all outstanding Class A and Class B shares, an increase of nearly 10% over the prior dividend.
The dividend is payable March 7, 2018 to shareowners of record on Feb. 20, 2018.
“Dividends remain a high priority at UPS,” said David Abney, UPS chairman and CEO. “Our strong cash flow from operations has enabled us to pay a stable or growi... |
|02/01/18||UPS Growth Accelerates In 2017|
|Announces Positive 2018 Outlook
Revenue Growth Tops 11% for 4Q17 and 8% for Full-Year 2017
4Q17 EPS of $1.27; Adjusted 4Q EPS of $1.67
International Export Shipments Rose 16% in 4Q17, Full-Year up 15%
Supply Chain & Freight Profit Jumps with Strong Revenue Growth of 21%
U.S. Domestic Revenue up 8.4% on Higher Package Demand and Yields
2017 EPS of $5.61; Adjusted 2017 EPS of $6.01
UPS Increases Investments for Growth in 2018
Announces Full-Year 2018 Adjusted EPS Gui... |
|01/30/18||UPS Chief Commercial Officer Alan Gershenhorn to Retire|
|ATLANTA, Jan. 30, 2018 (GLOBE NEWSWIRE) -- UPS (NYSE: UPS) today announced Executive Vice President and Chief Commercial Officer, Alan Gershenhorn, has chosen to retire effective June 2018, after 38 years of UPS service.
Gershenhorn’s extensive responsibilities include leading corporate strategy, mergers and acquisitions, marketing, public affairs, communications, and several key growth strategies across the enterprise. He also has oversight for Coyote, UPS’s truckload brokerage business, an... |
|01/29/18||UPS to Release 4th Quarter Results on Thursday, Feb. 1, 2018 at 7:00 am ET|
|ATLANTA, Jan. 29, 2018 (GLOBE NEWSWIRE) -- UPS (NYSE:UPS) will announce its 2017 fourth-quarter results on Thursday, Feb. 1, 2018, at approximately 7:00 a.m. Eastern Time.
At 8:30 a.m. ET, UPS Chairman and Chief Executive Officer David Abney and Chief Financial Officer Richard Peretz will lead an investor conference call. This call will be open to reporters and the public via a live webcast.
To listen to the live webcast, go to http://www.investors.ups.com and click on Earnings Webcast. To a... |
|01/22/18||UPS To Release 4th Quarter Results On Thursday, Feb. 1, 2018|
|ATLANTA, Jan. 22, 2018 (GLOBE NEWSWIRE) -- UPS (NYSE:UPS) will announce its 2017 fourth-quarter results on Thursday, Feb. 1, 2018, at approximately 7:45 a.m. Eastern Time.
At 8:30 a.m. ET, UPS Chairman and Chief Executive Officer David Abney and Chief Financial Officer Richard Peretz will lead an investor conference call. This call will be open to reporters and the public via a live Webcast.
To listen to the live Webcast, go to http://www.investors.ups.com and click on Earnings Webcast. The ... |