September 20, 2016 - Industry News
Forward Air Corp. has become the latest trucking operation to lower expectations ahead of releasing its next earnings report.
Tags: UPS, Old Dominion Freight Line, Forward Air, UPS Freight, Freight Rates, FedEx, FedEx Freight, Fleet Earnings
July 29, 2016 - Industry News
The week wrapped up with more fleets reporting their second-quarter earnings. Like many that have already advised, profits for three were lower, while the largest trucking company in the nation and another a few years ago that was on the brink of extinction showed improvements.
Tags: Economy, UPS, ABF, YRC Worldwide, YRC Freight, Saia, UPS Freight, Universal Truckload, ArcBest Corp., Fleet Earnings, Universal Logistics Holdings
April 28, 2016 - Industry News
UPDATED -- Another day, another raft of earnings reports on Thursday from the nation’s publicly owned trucking companies. Continuing a trend this first quarter, the companies' numbers are as varied as the services they offer.
Tags: Economy, UPS, Old Dominion Freight Line, Earnings, UPS Freight, Universal Truckload, Fleet Earnings, YRC Worldwide, YRC Freight
February 12, 2016 - Industry News
UPS Freight President Jack Holmes has announced his retirement after working for the company for 37 years and will be succeeded by Mid-Atlantic District Manager Rich McArdle.
Tags: Leadership, People, UPS Freight
February 2, 2016 - Industry News
UPS Inc. reported its profit skyrocketed in the fourth quarter of the year, totaling $1.33 billion compared to $453 million a year earlier as the company also beat an earnings forecast. USA Truck and Ryder also saw higher profits.
Tags: Economy, UPS, Ryder System, USA Truck, UPS Freight, Fleet Earnings
July 28, 2015 - Industry News
Trucking and parcel delivery giant UPS reported a huge increase in its second quarter profit – 170% – despite a slight drop in revenue.
Tags: Economy, UPS, UPS Freight, Fleet Earnings
April 28, 2015 - Industry News
Profit for package delivery and trucking giant UPS Inc. increased 12.6% in the first quarter from the same time in 2014.
Tags: UPS, Earnings, UPS Freight, LTL
February 3, 2015 - Industry News
Depending on how you look at it, parcel and trucking giant UPS either saw its fourth quarter profit fall a little or a lot compared to a year earlier, thanks to expenses incurred avoiding the previous year's holiday delivery delays.
Tags: UPS, Earnings, UPS Freight
October 24, 2014 - Industry News
Higher package volume and growth in distribution and UPS Freight business led UPS Inc. to an upswing in third-quarter earnings compared to a year ago.
October 21, 2014 - Industry News
They will increase an average of 4.9% for UPS Freight along with the company’s ground, air and international operations for shipments within and between the U.S., Canada and Puerto Rico.
Tags: UPS, UPS Freight, Freight Rates, FedEx, FedEx Freight
October 15, 2014 - Industry News
CORRECTED -- UPS Freight is expanding its Density-Based Rating (also known as dimensional weight pricing) pricing option to all its customers.
Tags: LTL, YRC Freight, UPS Freight, Freight Rates, FedEx Freight, Less Than Truckload
July 29, 2014 - Industry News
Profit for package delivery and trucking giant UPS tumbled in the second quarter due to retirement liabilities for some union employees.
April 24, 2014 - Industry News
Parcel delivery and trucking giant UPS has reported a lower first quarter profit despite higher revenue, while another major less-than-truckload player hit a record.
Tags: UPS, Old Dominion Freight Line, Earnings, UPS Freight
The Teamsters Union has rolled over on the desires of some of its members, overriding earlier votes that continued to delay a new national contract with parcel carrier UPS.
Tags: Drivers, UPS, Teamsters, UPS Freight, Labor Unions
March 14, 2014 - Industry News
UPS Freight will implement a general rate increase effective March 31. The 4.4% increase applies to non-contractual less-than-truckload shipments rated on the current UPS Freight tariffs.
Tags: UPS Freight, Freight Rates
January 30, 2014 - Industry News
Trucking, parcel and logistics giant UPS increased profit in the final quarter of the year and for all of 2013.
January 13, 2014 - Industry News
Teamsters union members at the trucking operation, UPS Freight, have voted overwhelmingly to ratify a new national five-year master agreement that increases wages, significantly strengthens pension benefits and takes on the issue of subcontracting.
Tags: Drivers, Teamsters, UPS Freight
January 7, 2014 - Industry News
Teamster local union leaders representing UPS Freight workers across the country have endorsed a new tentative national agreement.
Tags: Drivers, UPS, Teamsters, UPS Freight
December 20, 2013 - Industry News
After rejecting an earlier contract, Teamsters Union members at less-than-truckload carrier UPS Freight are set to vote next month on a new labor agreement.
Tags: UPS, Teamsters, UPS Freight
December 11, 2013 - Industry News
Teamster Union members at UPS parcel delivery business are moving closer bit-by-bit when it comes to approving a new contract.
October 14, 2013 - Industry News
Teamsters Union members at some local bargaining units have once again rejected parts of their contract with package and delivery giant UPS as the busy holiday shipping season nears.
July 25, 2013 - Industry News
The Teamsters Union and UPS Freight have agreed to an extension of the current UPS Freight National Agreement in order to give the parties time to continue negotiations. This means that the current agreement will remain in place until the agreement has been revoted and accepted by the members.
July 1, 2013 - Industry News
The Teamsters Union and UPS have agreed to an extension of the current UPS National Master Agreement and all supplements past their July 31 expiration.
Tags: UPS, Teamsters, UPS Freight, Drivers
June 26, 2013 - Industry News
UPS employees represented by the Teamsters Union have voted to approve a new contract at the company’s parcel operation while those with UPS Freight have voted against a new agreement.
June 25, 2013 - Industry News
Teamster union member employees of the freight operation UPS Freight have overwhelmingly rejected a new contract. Both sides head back to the negotiating table, with a July 31 deadline.
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