STOCK TITAN

United Parcel Service, Inc. Class B - UPS STOCK NEWS

Welcome to our dedicated page for United Parcel Service Class B news (Ticker: UPS), a resource for investors and traders seeking the latest updates and insights on United Parcel Service Class B stock.

United Parcel Service, Inc. Class B (UPS) is a leading multinational shipping, receiving, and supply chain management company headquartered in the United States. Established in 1907 as the American Messenger Company, UPS has evolved into a Fortune 500 giant and the world's largest parcel delivery service. The company operates an expansive fleet of over 500 aircraft and 100,000 vehicles, delivering an average of 22 million packages daily across the globe.

UPS's core business is divided into several segments: Domestic U.S. Package operations, which contribute approximately 64% to the total revenue, and International Package operations, accounting for about 20%. In addition, UPS offers air and ocean freight forwarding, truckload brokerage, and contract logistics services.

One of the key focus areas for UPS is its truck brokerage unit, Coyote, acquired in 2015. The company is currently exploring strategic alternatives for this segment to enhance operational efficiency and profitability.

UPS is globally recognized for its commitment to sustainability and innovation. Recently, UPS has been investing heavily in green technologies and automation to reduce its carbon footprint and improve delivery efficiency. This includes the deployment of electric vehicles, smart logistics solutions, and advanced packaging techniques.

Financially, UPS remains robust, consistently reporting strong revenue growth and maintaining a stable balance sheet. Its ability to adapt to market changes and customer needs has solidified its position as a reliable and efficient logistics provider. The company's extensive network, combined with strategic partnerships, enables seamless global operations and customer satisfaction.

News
Rhea-AI Summary

UPS announced plans to hire over 100 part-time employees in St. Louis, offering opportunities in package handling at its sortation hubs. Many part-time roles can lead to full-time positions, with over 120,000 former part-timers advancing to management or driving positions. The job benefits include healthcare, pension, tuition assistance, and a stock purchase program, with hourly pay starting at up to $20. Eligible employees can earn up to $25,000 for college expenses. Applications can be submitted at upsjobs.com.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.06%
Tags
none
-
News
Rhea-AI Summary

UPS (NYSE: UPS) announced plans to hire nearly 500 part-time employees in the greater Chicago area, providing permanent positions in package handling that can lead to long-term careers. The company emphasizes promoting from within, with over 56% of current drivers and management starting as part-time package handlers. New hires will receive competitive pay, healthcare, retirement contributions, and tuition assistance. UPS's "Earn and Learn" program offers up to $25,000 for college expenses. Interested applicants can apply at upsjobs.com.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.06%
Tags
none
-
News
Rhea-AI Summary

UPS announced plans to hire over 150 part-time employees in the Boston area, focusing on package handling positions in sortation hubs. With competitive pay up to $17.00 per hour and benefits like healthcare and tuition assistance, these jobs pave the way for long-term careers. Over 120,000 part-time workers have transitioned to full-time roles at UPS, highlighting growth opportunities. The company emphasizes its commitment to employee development through programs like Earn and Learn, which offers up to $25,000 for college expenses.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.06%
Tags
none
News
Rhea-AI Summary

UPS (NYSE: UPS) plans to hire over 50 part-time package handlers in Memphis, creating opportunities for career advancement, as over 120,000 employees have transitioned to full-time roles from similar positions.

The company offers competitive pay starting at $17 per hour, healthcare benefits after a short wait, and tuition assistance through its Earn and Learn program, which has contributed nearly $670 million to employee education since 1997.

Interested applicants can apply at upsjobs.com.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.06%
Tags
none
-
News
Rhea-AI Summary

UPS announced plans to hire over 150 part-time employees in Columbus, Ohio, for permanent package handling positions. These jobs offer competitive pay, healthcare benefits, and opportunities for career advancement, as over 120,000 part-time employees have transitioned to full-time roles within the company. The hourly pay starts at $17, with additional benefits such as tuition assistance and a discounted stock purchase program. This hiring initiative aims to meet the growing demand for UPS services amidst the expansion of e-commerce.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.06%
Tags
none
-
News
Rhea-AI Summary

UPS (NYSE: UPS) plans to hire over 100 part-time package handlers in the Kansas City area. These positions offer competitive pay, healthcare, retirement contributions, tuition assistance, and a discounted stock purchase program. Starting pay can reach up to $22.00 per hour, depending on location and shifts. Over 120,000 part-time employees at UPS have transitioned to full-time roles, demonstrating career advancement opportunities. UPS has invested nearly $670 million in tuition assistance through its Earn and Learn program, aiding more than 300,000 employees since 1997.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.06%
Tags
none
News
Rhea-AI Summary

UPS (NYSE: UPS) announced plans to hire over 150 part-time package handlers in the Baltimore area. These permanent positions can lead to full-time careers, with more than 56% of current drivers and management having started as part-time employees. Starting pay is up to $17.00 per hour, with benefits that include healthcare, retirement contributions, and tuition assistance via the Earn and Learn program, which has disbursed nearly $670 million since 1997. Interested applicants can apply at upsjobs.com.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.06%
Tags
none
-
News
Rhea-AI Summary

UPS aims to hire over 200 part-time employees in the Salt Lake area, focusing on permanent positions that can lead to long-term careers. The company highlights that over 120,000 part-time workers have transitioned to full-time roles. UPS offers competitive pay, with starting hourly rates of up to $17.50, alongside benefits such as healthcare, retirement contributions, and tuition assistance. The Earn and Learn program supports eligible students with tuition costs up to $25,000. Interested applicants can apply at upsjobs.com.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.06%
Tags
none
-
News
Rhea-AI Summary

UPS announced plans to hire over 200 part-time employees in the Phoenix Metropolitan area for package handling positions. These jobs, which can lead to full-time roles, come with benefits including healthcare, retirement contributions, and tuition assistance. With over 56% of current drivers and management having started in part-time roles, UPS emphasizes career growth within the company. Starting pay is up to $16.00 per hour, with annual raises. The company has invested nearly $670 million in tuition assistance since 1997, helping over 300,000 employees with their education.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.06%
Tags
none
News
Rhea-AI Summary

UPS (NYSE: UPS) is set to hire over 100 part-time employees in the Oklahoma City area, enhancing its workforce to meet rising demand due to e-commerce growth. These permanent positions offer healthcare, pension, and tuition benefits alongside a discounted stock purchase opportunity after a waiting period. More than half of UPS’s current drivers and management began as part-time package handlers. Eligible employees can also earn up to $25,000 for college expenses through the Earn and Learn program, with starting pay at $14.50/hour.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.06%
Tags
none

FAQ

What is the current stock price of United Parcel Service Class B (UPS)?

The current stock price of United Parcel Service Class B (UPS) is $125.75 as of December 23, 2024.

What is the market cap of United Parcel Service Class B (UPS)?

The market cap of United Parcel Service Class B (UPS) is approximately 107.3B.

What does UPS do?

UPS is a global logistics and package delivery company offering shipping, receiving, and supply chain management services.

When was UPS founded?

UPS was founded in 1907 as the American Messenger Company.

What is the primary source of revenue for UPS?

Domestic U.S. Package operations generate about 64% of UPS's total revenue.

How many packages does UPS deliver daily?

UPS delivers an average of 22 million packages per day.

What are UPS's key business segments?

UPS's key segments include Domestic U.S. Package, International Package, air and ocean freight forwarding, truckload brokerage, and contract logistics.

What is UPS's current focus regarding its truck brokerage unit, Coyote?

UPS is exploring strategic alternatives for its truck brokerage unit, Coyote, to enhance operational efficiency and profitability.

How is UPS contributing to sustainability?

UPS invests in green technologies and automation, including electric vehicles and smart logistics solutions, to reduce its carbon footprint.

What is UPS's financial condition?

UPS is financially robust, reporting strong revenue growth and maintaining a stable balance sheet.

How does UPS maintain its global operations?

UPS maintains global operations through its extensive network and strategic partnerships, ensuring seamless logistics and customer satisfaction.

Where can I find the latest news about UPS?

You can find the latest news about UPS on StockTitan and other financial news websites.

United Parcel Service, Inc. Class B

NYSE:UPS

UPS Rankings

UPS Stock Data

107.25B
731.17M
0.02%
72.26%
1.8%
Integrated Freight & Logistics
Trucking & Courier Services (no Air)
Link
United States of America
ATLANTA