Monthly Archives: January 2018

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UPS Commits To Purchase 14 Additional 747-8F Freighters And Orders 4 New 767s

The aircraft will be delivered on an expedited schedule, building on the company’s 2016 order of 14 Boeing 747-8 freighters. All 32 of the jets will be delivered by the end of 2022, adding more than 9 million pounds of cargo capacity. “As we celebrate the 30th anniversary of UPS Airlines today, we are seeing unprecedented demand for our air products,” said UPS Airlines President Brendan Canavan. The -8 has a cargo capacity of 307,600 pounds, or approximately 30,000 packages and a range of 4,200

By | 2018-01-31T23:53:00+00:00 January 31st, 2018|Uncategorized|0 Comments

UPS Boosts Investments By $12 Billion On Favorable Tax Law Impact

US 02/01/18Atlanta, GAUPS today announced more than $12 billion in investments to expand the company’s Smart Logistics Network, significantly increase pension funding, and position the company to further enhance shareowner value. “This $12 billion investment program is an outgrowth of the opportunity for tax savings created by the Tax and Jobs Act,” said David Abney, UPS Chairman and Chief Executive Officer. The company plans to raise future capital spending above its previously committed six-to

By | 2018-01-31T23:53:00+00:00 January 31st, 2018|Uncategorized|0 Comments

UPS Growth Accelerates In 2017

4Q 2017 Adjusted4Q 2017 4Q 2016 Adjusted4Q 2016 Revenue $11,835 M $10,913 M Operating profit (loss) $627 M $1,264 M $(570) M $1,338 MFor the U.S. 4Q 2017 operating profit was $725 million; 4Q adjusted operating profit increased 7.6% to $760 million, as the result of broad, accelerated growth combined with expanded yields. 4Q 2017 operating profit of $142 million; adjusted operating profit was $270 million. Currency-neutral revenue, revenue per piece and operating profit are calculated by dividin

By | 2018-01-31T23:53:00+00:00 January 31st, 2018|Uncategorized|0 Comments

FedEx Office Supports Student Athletes on National Signing Day

FedEx Office Supports Student Athletes on National Signing DayStudent Athletes to Receive Free Faxing, Printing and Scanning Services for Sending Their Letters of IntentPLANO, Texas, January 31, 2018 — FedEx Office, a leading provider of convenient, state-of-the-art printing, packing and shipping services, proudly supports student athletes as they make and communicate the important decision of which university or college they will attend. On National Signing Day, February 7, 2018 and April 11, 2

By | 2018-01-30T23:53:00+00:00 January 30th, 2018|Uncategorized|0 Comments

UPS Chief Commercial Officer Alan Gershenhorn To Retire

US 01/30/18Atlanta, GAUPS (NYSE: UPS) today announced Executive Vice President and Chief Commercial Officer, Alan Gershenhorn, has chosen to retire effective June 2018, after 38 years of UPS service. Gershenhorn’s extensive responsibilities include leading corporate strategy, mergers and acquisitions, marketing, public affairs, communications, and several key growth strategies across the enterprise. These include Vice President UPS Corporate Strategy Group, where he was responsible for the compa

By | 2018-01-29T23:53:00+00:00 January 29th, 2018|Uncategorized|0 Comments

U.S. Postal Service to Dedicate Bioluminescent Life Stamps

Recognized as one of the world’s foremost authorities on deep-sea exploration, Dr. Edith Widder, founder, CEO and senior scientist at ORCA, will share research findings about the fascinating world of bioluminescent life. Bioluminescence — the ability of some living things to generate their own light — occurs on many branches of the tree of life. This pane of 20 stamps showcases 10 examples of Bioluminescent Life. The title “BIOLUMINESCENT LIFE” appears on the selvage above the pane of stamps. Th

By | 2018-01-29T23:53:00+00:00 January 29th, 2018|Uncategorized|0 Comments

Legendary performer and civil rights activist honored on new Forever stamp

The stamp art features a photograph of Lena Horne taken by Christian Steiner in the 1980s. Kristen Monthei colorized the original black-and-white photo using a royal blue for the dress, a color Horne frequently wore. Customers may purchase the Lena Horne Forever stamp at The Postal Store at usps.com/shop, by calling 800-STAMP24 (800-782-6724) and at Post Office facilities nationwide. The Postal Service receives no tax dollars for operating expenses and relies on the sale of postage, products and

By | 2018-01-29T23:53:00+00:00 January 29th, 2018|Uncategorized|0 Comments

FedEx Named One of Black Enterprise’s Best Companies for Diversity

FedEx Named One of Black Enterprise’s Best Companies for DiversityMEMPHIS, Tenn., January 29, 2018—FedEx Corp. (NYSE: FDX) announced today that it has been selected by the editors of Black Enterprise for inclusion on its annual Best Companies for Diversity List. Brown, senior vice president and chief Human Resources and Diversity officer of FedEx Express. Brown and Matthew Thornton III were all named to Black Enterprise’s 2017 List of Most Powerful Executives in Corporate America. For more infor

By | 2018-01-28T23:53:00+00:00 January 28th, 2018|Uncategorized|0 Comments

Updated Press Release Time – UPS To Release 4th Quarter Results On Thursday, Feb. 1, 2018 At 7:00 am ET

US 01/29/18Atlanta, GAUPS (NYSE:UPS) will announce its 2017 fourth-quarter results on Thursday, Feb. 1, 2018, at approximately 7:00 a.m. Eastern Time. ET, UPS Chairman and Chief Executive Officer David Abney and Chief Financial Officer Richard Peretz will lead an investor conference call. This call will be open to reporters and the public via a live webcast. To listen to the live webcast, go to http://www.investors.ups.com and click on Earnings Webcast. * This Media Advisory has been updated to

By | 2018-01-28T23:53:00+00:00 January 28th, 2018|Uncategorized|0 Comments

Applying for a Passport is Now Just a Few Clicks Away

Postal Service has made applying for your passport easier with the launch of the USPS Retail Customer Appointment Scheduler™ tool (RCAS) today on http://www.usps.com/scheduler. There are a total of 4,800 Post Offices around the country that offer passport acceptance service. “The Postal Service accepts passport applications on behalf of the U.S. Department of State,” said Kelly Sigmon, vice president of Retail Operations. For reporters interested in speaking with a regional Postal Service public

By | 2018-01-28T23:53:00+00:00 January 28th, 2018|Uncategorized|0 Comments