UPS Inc. named a company veteran to be its new chief financial officer after the parcel giant’s former finance leader left the company last month to focus on his health.
July 9, 2024UPS News Updates
UPS Names Brian Dykes New CFO
UPS to Sell Coyote Logistics to RXO
UPS Inc. has entered into a definitive agreement to sell its asset-light freight brokerage business, Coyote Logistics, to RXO Inc., the company announced June 23.
June 24, 2024UPS Finance Chief to Leave Parcel Giant to Focus on Health
UPS Inc.’s top financial executive, Brian Newman, plans to leave the company June 1 in order to focus on his personal health, the shipping giant said May 6.
May 6, 2024Freight Elite Struggle to Hit Climate Goals as Demand Surges
Although there are signs of progress, the largest delivery companies have scaled back climate pledges and the industry isn’t keeping pace with climbing emissions from a global demand surge.
January 30, 2024Major Shippers Don’t Predict Issues Meeting Holiday Demand
Carriers like the U.S. Postal Service, FedEx and UPS Inc. have capacity to meet projected demand this holiday season, which is cheery news for shippers and shoppers alike.
November 21, 2023UPS Broadens Search for Electric Vans Amid Arrival’s Woes
UPS Inc.’s push to adopt battery-powered delivery trucks hit a snag due to financial troubles at Arrival SA, a European electric vehicle startup that’s running out of cash.
November 17, 2023Robots Outnumber People 15-to-1 at Massive New UPS Warehouse
UPS Inc. just opened its largest warehouse, and plans to fill the $79 million facility with more than 3,000 robots by next year to handle tasks like lifting and reduce the need for manual labor.
November 15, 2023Trucking Enters Strong but Uncertain Holiday Season
The trucking industry is heading into a strong but somewhat uncertain peak shipping season with consumer spending expected to remain high even amid a softer economy, according to a survey.
November 9, 2023UPS Buys MNX Global to Bolster Health Care Options
UPS Inc. will acquire MNX Global Logistics for an undisclosed sum, the parcel delivery company said Sept. 28. The deal is expected to close by the end of the year.
October 3, 2023UPS to Hire 30,000 Extra Drivers for Peak Season
UPS Inc. is set to hire more than 30,000 additional drivers for peak season, a mix of package car drivers, commercial driver license drivers and seasonal support drivers.
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