UPS® (NYSE:UPS) announced today that it will provide a live webcast for its Investor Conference on Nov. 13, 2014, via its Investor Relations web site. The webcast will be open to media and the public, on a listen-only basis, from approximately 9 a.m. to 2 p.m. Eastern Time (ET).
Category: UPS Press Release
Former Chairman and CEO Mike Eskew Tenders Resignation from Board; Recognized for His 16-plus Years of Service
The UPS (NYSE: UPS) Board of Directors today declared a regular quarterly dividend of $0.67 per share on all outstanding Class A and Class B shares.
The dividend is payable Dec. 3, 2014, to shareowners of record on Nov. 17, 2014.
In other business, former Chairman and CEO Mike Eskew tendered his resignation from the Board of Directors, effective Dec. 31, 2014. Eskew joined the Board as a Director in 1998.
- Peak Day – 34 million packages predicted for delivery Monday, Dec. 22
- Peak December – record worldwide delivery volume anticipated with more than 585 million packages, an increase of 11%
- Peak Readiness – initiatives include investments and projects for improved forecasting, capacity, visibility and communications
As the holiday shipping season approaches, UPS (NYSE: UPS) is ready to handle this year’s anticipated volume of more than 585 million packages in December – an 11 percent increase over 2013. This estimate is included in UPS 2014 earnings guidance. The anticipated 585 million packages, if set side-by-side and based on 1 cu. ft., would circle the Earth nearly 4.5 times.
UPS expects its 2014 peak delivery day to be Monday, Dec. 22, when the company plans to deliver more than 34 million packages worldwide. Six days are likely to surpass last year’s single-day delivery record of 31 million packages. By comparison, UPS delivers approximately 17 million packages on an average day.
- Global Shipments Rise 6.9% to 1.1 Billion
- U.S. Domestic Operating Margin Improves to 14.7%
- International Export Packages per Day Climb 9.4%
- Supply Chain and Freight Operating Margin Hits 8.9%
- Balanced Growth Across All Segments Drives Operating Profit up 8.3%
- Reaffirms Full-Year Adjusted EPS Guidance of $4.90 to $5.00
Orlando Tractor-Trailer Driver Achieves Remarkable Safe Driving Milestone
On Friday, when UPS® (NYSE:UPS) tractor-trailer driver Ginny Odom completed her usual 650-mile route towing twin 28-foot trailers from Orlando to Unadilla, Georgia, and back, she achieved a remarkable safe driving milestone – becoming the first female UPS driver in history to drive 40 years and more than 4 million miles without so much as a fender bender.
Odom was 23 and working at a boat store in Orlando when she applied for a driver job at UPS in 1973. She was the first female employee at UPS’s Orlando hub, and drove the company’s brown delivery trucks for nine years before moving to tractor trailers.