ups

The five-year contract between the Teamsters and UPS Inc., the Teamsters' largest employer with 268,000 members, doesn't expire until July 31, 2023. Talks aren't likely to start until late 2022. In reality, however, the contract cycle starts around Thanksgiving 2021. Barring unforeseen...

TFI International's dramatic improvement to the profitability of the former UPS Freight (NYSE: UPS) business came as the Canadian company began confronting the "low-hanging fruit" of the LTL carrier's unprofitable freight and shippers, CEO Alain Bedard said.  "We just scratched the surface,"...

UPS Inc. (NYSE: UPS) reported a 14% increase in second-quarter revenue to $23.4 billion, with adjusted operating income up 40.8% and diluted earnings per share up 43.7% to $3.05, 34 cents higher than the median estimates of analysts polled on Barchart. The gains were led by the Atlanta-based...

It's Japanese beetle season and UPS Airlines is in full battle mode to prevent the destructive pest from hopping on a plane for a ride out West.  Japanese beetles, which were accidentally introduced to the U.S. more than a century ago, cause massive crop and plant damage each year. They feed on...

In an increasingly competitive space, Cowen Equity Research has initiated coverage of Electric Last Mile Systems (ELMS) with an outperform rating, setting a per-share price target of $14. ELMS (NASDAQ: ELMS) closed Thursday at $9.15, down 6% from the open. The research firm said it was "impressed...

UPS Inc. (NYSE: UPS) has disclosed its delivery surcharges for the upcoming holiday delivery season, and very big shippers will not be pleased. The holiday surcharges, which kick in Oct. 31 and run until Jan. 15, will, as they did in the 2020-21 cycle, whack UPS shippers that tender the highest...

UPS Inc. (NYSE: UPS) — like many shipping and delivery companies — has a goal to reach net-zero emissions by 2050, including scope 1, scope 2 and scope 3 emissions.  But how will UPS get there? At an investor and analyst conference Wednesday, UPS shared some medium-term environmental, social and...

The cover story in this weekend's Barron's examines how teenage traders are shaking up the market. Other featured articles discuss which drugmakers benefit from a new market, why it is time to buy momentum stocks and how to safely hunt for yield. Also, see the prospects for a semiconductor...

Benzinga has examined the prospects for many investor favorite stocks over the past week. The past week's bullish calls included the e-commerce leader, a top biotech and the airlines. The iPhone maker, the top cryptocurrency and a COVID-19 vaccine maker were among the bearish calls seen. The...

This is an excerpt from Thursday's (5/27) Point of Sale retail supply chain newsletter sponsored by ArcBest. FedEx remains inundated with elevated parcel volume stemming from continued online shopping resulting in longer delivery times, service blunders and upset customers. According to...

Part of the Biden administration's new strategy on allocating COVID-19 vaccines targets rural communities, which have some of the lowest vaccination rates in the country. In line with that goal as well as the imperative to speed vaccines to remote areas worldwide, major carriers have adopted...

UPS Inc. (NYSE: UPS) reported Tuesday first-quarter diluted earnings per share of $5.47, with about half of that coming from a $2.4 billion net benefit from favorable adjustments to its pension costs from COVID-19 relief legislation signed into law last month. On the operations side, it was a...

UPS (NYSE: UPS) beat on first-quarter earnings before the bell this morning with earnings per share of $2.77 and revenue of $22.91 billion. The company is not providing 2021 guidance. Right now, Americans are depending on package deliveries more than ever as e-commerce spikes during the pandemic...