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UPS News

UPS Chairman Scott Davis’ total comp reduced to $10.3M – Atlanta Business Chronicle

United Parcel Service Inc. Chairman and CEO Scott Davis took a 15 percent cut to his total compensation in 2013, the same year the package shipping and logistics giant’s profit plunged nearly 82 percent.

  • Chief Financial Officer Kurt Kuehn’s total comp shrunk about 20 percent to $2.75 million.
  • Chief Operating Officer David Abney’s total comp dropped 24 percent to $4.08 million.
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UPS News

UPS begins $80 million expansion – Memphis Business Journal

The project, with a total value of $80 million, will add 140,000 square feet and a 54,000-gallon natural gas fueling station to the already 293,345-square-foot facility, creating 15 new jobs for the area. UPS received an 11-year payment-in-lieu-of-taxes benefit from the Economic Development Growth Engine of Memphis & Shelby County for the project in November.

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Industry News UPS News

Amazon plans revamp of U.S. shipping with mix of private fleet, regional carriers, USPS – DCVelocity

James Tompkins, who runs Tompkins International, a Raleigh, N.C.-based consultancy, said Amazon has divided the nation into three segments based on population size: The top 40 markets, which comprise about half of the U.S. population; the next 60 largest population areas that account for about 17 percent, and the remaining areas, which account for about one-third.

UPS Inc., which today handles much of Seattle-based Amazon’s current deliveries, will not play a prominent role in the network realignment, Tompkins said. Nor will FedEx Corp., which manages a lesser portion of Amazon’s delivery business. An Amazon spokeswoman was unavailable to comment.

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UPS News

Maine UPS worker says he stole veterans’ pills – Kennebec Journal

 The Lewiston man faces four years in prison and fines of $251,000.

A United Parcel Service worker pleaded guilty Wednesday to charges stemming from a sting operation last year in which his hands and face were splattered with blue dye when he tried to steal drugs from a package that he thought was intended for a Maine veteran.

Nathan Brown, 24, of Lewiston pleaded guilty in U.S. District Court in Portland to theft from an interstate shipment and possession of oxycodone.

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UPS News

Hundreds Of UPS Drivers Strike In Queens – CBS

Hundreds of UPS delivery drivers walked off the job in Queens on Wednesday morning.

The drivers from Teamsters Local 804 in Long Island City stood in the snow to protest working conditions.