Daily Archives: July 23, 2018

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UPS Announces Voluntary Retirement Plan Results

US 07/24/18Atlanta, GAUPS (NYSE:UPS) announced today the results of its Voluntary Retirement Plan (VRP) introduced on April 25, 2018. Participants in the plan will depart on a staggered schedule over the next twelve months to maintain business continuity. UPS recorded a pre-tax transformation charge of $263 million in the second quarter, due primarily to VRP severance expense. The VRP program is one of a number of initiatives under the company’s transformation strategy. Additionally, UPS will pr

By UPS| 2018-07-23T17:00:00+00:00 July 23rd, 2018|companies, News|0 Comments

USPS announces 2018 holiday stamps

Postal Service today unveiled four more stamps for the upcoming holiday season, as well as new releases and re-issues from recent years. KwanzaaWith this new stamp, the Postal Service celebrates Kwanzaa with the seventh stamp since 1997 designed for the annual Pan-African holiday. The stamp art depicts a menorah in the window of a home, viewed as if from inside a room. The Postal Service receives no tax dollars for operating expenses and relies on the sale of postage, products and services to fu