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Stock Market & Financial Investment News

News Breaks
November 16, 2012
15:01 EDTUPSUPS sets new rates for 2013
UPS released new published rates for 2013, including an average net increase of 4.5% on all UPS Air and U.S. origin international services and 4.9% on UPS Ground services. The rate increase for UPS Air and International Services is based on a 6.5% average increase in the base rate, less a two percentage point reduction to the Air and International fuel surcharge table. The rate increase for UPS Ground services is based on a 5.9% average increase in the base rate, less a one percentage point reduction to the Ground fuel surcharge table. Additionally, UPS Next Day Air Freight, UPS 2nd Day Air Freight and UPS 3 Day Freight rates for shipments within and between the U.S., Canada and Puerto Rico will increase 4.9%.
News For UPS From The Last 14 Days
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August 27, 2015
16:41 EDTUPSUPS, Cargojet enter long-term air cargo services agreement
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August 20, 2015
17:52 EDTUPSUPS pilots President issues statement on FedEx/ALPA tentative agreement
The following statement is from Captain Robert Travis, President of the Independent Pilots Association regarding the tentative pilot labor agreement between FedEx (FDX) and ALPA: "We congratulate our pilot peers and FedEx on reaching a new tentative collective bargaining agreement. While we have not seen the details, the IPA will refrain from commenting on the merits of the tentative agreement until the ALPA ratification process has been completed. If approved, however, the FedEx pilot contract will bring labor peace to our largest competitor. In sharp contrast, UPS (UPS) management has created a bitter standoff with its pilot employees, unnecessarily dragging out contract talks for four years. UPS must not allow itself to be left behind by FedEx. The IPA calls on UPS management to work with its pilots to expeditiously achieve an agreement."
08:18 EDTUPSUPS management to meet with UBS
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