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United Parcel Service Inc. will invest $120 million in 400 robots used to unload trucks, according to people familiar with the matter, revealing new details on the logistics giant’s $9 billion automation plan that aims to boost profits by decreasing labor costs.
Atlanta-based United Parcel Service has been accused of shortchanging season employees hired during peak times by requiring off-the-clock work
New York Attorney General Letitia James said UPS "played the Grinch" by allegedly shorting seasonal workers on their pay.
UPS stock is rated a "Buy" given its attractive valuation, robust 6.5% yield, improved margins, and technical support. Learn more about the shipping company.
Nearly one in every 10 retail items that are returned for a refund in the U.S. is fraudulent, according to a UPS-owned reverse logistics company that says it plans to combat the $76.5 billion problem for the country’s retailers with artificial intelligence.
The Sandy Springs-based company's stock has taken a beating recently. Leaders say part of that is because they’re playing the long game.
In a lawsuit, the state’s attorney general, Letitia James, said UPS had “repeatedly and persistently” failed to pay seasonal workers for all of the time they spent on the job.
It's estimated that in the last six years, UPS has deprived tens of thousands of seasonal workers of wages totaling about $45 million.
UPS may offer modest long-term upside despite headwinds and dividend risks. Get insights into valuation, cash flow, and market sentiment on UPS stock now.
Federal officials said last month's fiery crash of the MD-11 jet happened during takeoff after the engine on the left wing detached and flew off. Cracks were found where the engine connected to the wing,
According to the Reno County Sheriff’s Office, dispatchers received the call shortly after 3 p.m. reporting a serious accident at the railroad crossing. Deputies arrived to find a UPS delivery truck that had been struck by a train and pushed on the driver’s side.