Category: UPS Press Release

Shareowners of UPS (NYSE: UPS) today elected a Board of Directors for a one-year term and ratified the appointment of Deloitte & Touche LLP as the company’s independent registered public accountants. Shareowners also approved the proposal to vote, in an advisory basis, to approve the compensation of the Named Executive Officers of the company.

The shareowners rejected a shareholder proposal that would have required additional disclosure concerning the company’s government affairs and lobbying activities in excess of current requirements. The Board, which exercises independent oversight of all UPS lobbying and political contributions and expenditures, had recommended a “No” vote on the grounds that UPS already has effective policies for the appropriate disclosure and oversight of the company’.

The European Commission (EC) today published the summary of its 2013 decision to block the acquisition of TNT Express N.V. by United Parcel Service, Inc. (UPS).

With its decision, the EC prevented a sizeable investment in Europe of approximately EUR 5.2 billion ($6.8 billion), better services and pricing, and more important, an improvement of the European logistics infrastructure in those economies that are still struggling to return to economic growth.

UPS (NYSE:UPS) is partnering with some of its small business customers to share their stories and support the growth of their businesses for Mother’s Day and Small Business Week. Accounting for roughly 46 percent of the private gross domestic product (GDP)1, small businesses are strong drivers of the U.S. economy, and UPS is committed to supporting this growing community.

Small Business Daily Deals-Mother’s Day

UPS is partnering with four small business customers to offer consumers special deals this Mother’s Day. These special offers will be shared on UPS’s official social channels @ups and Facebook the week of May 5.

• U.S. Domestic Daily Volume Increases 4.2%
• International Operating Profit Climbs 12%
• International Daily Volume Jumps 7.9% on Strong Europe Growth
• E-commerce Drives Robust Demand in the U.S. for Lightweight Solutions
• Generates Free Cash Flow of $1.9 Billion

13,000 veterans hired to-date, 18,000 employee volunteer service hours delivered to veterans groups

UPS (NYSE: UPS) announced today plans to hire 50,000 veterans by the end of 2018. The total doubles the company’s original five-year hiring pledge made last year as part of the Obama Administration’s Joining Forces initiative. In 2013, UPS hired 13,000 veterans, an increase of more than 30 percent from the prior year.

Additionally, UPS will increase its employee volunteer service hours committed to veterans and Veteran Service Organizations (VSOs). Employees will now contribute 50,000 service hours as part of the expanded pledge announced at an employment summit and career forum focusing on the aviation industry at Fort Campbell, Ky., attended by First Lady Michelle Obama and Dr. Jill Biden. UPS employees already have logged more than 18,000 volunteer hours directly to veterans and VSOs.