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The UPS (NYSE: UPS) Board of Directors today declared a regular quarterly dividend of $0.91 per share on all outstanding Class A and Class B shares.
The dividend is payable Dec. 5, 2018 to shareowners of record on Nov. 19, 2018.
UPS has a long commitment to cash dividends. For nearly 50 years, the company has either increased or maintained its dividend. Since 2000, UPS’s dividend has more than quadrupled.
UPS (NYSE:UPS) announced today that Romaine Seguin has been appointed president of UPS Global Freight Forwarding. She will oversee air, ocean, and rail freight forwarding as well as brokerage and supplier management for the 220 countries and territories UPS serves around the world. Seguin began her career with UPS in the Missouri District in 1983 as a part-time hub supervisor and most recently was president of the UPS Americas Region.
She’ll relocate from Miami to Atlanta and said, “I look forward to working with the Global Freight Forwarding team to continue addressing our customer’s primary concern of visibility into their global supply chain. We will continue enhancing our suite of services with improved tracking and actionable insights to ensure our customers can meet their customers’ expectations.”
Award recognizes exceptional achievement in supply chain sustainability and freight transportation efficiency
The U.S. Environmental Protection Agency (EPA) earlier this week presented UPS (NYSE:UPS) with a SmartWay Excellence award, which recognizes leading carriers who have made significant contributions to reducing the impact of freight transportation on air quality.
“UPS is committed to delivering goods to people in the most sustainable way possible,” said Tamara Barker, chief sustainability officer, vice president of environmental affairs and domestic plant engineering at UPS. “We are honored to be recognized by the EPA for our accomplishments and look forward to continuing our work to create smarter and cleaner communities.”
New Cargo eBike and Custom, Modular Package Delivery Trailers to Operate in the Pike Place Market Area from South Belltown to the Southern End of the Market, Inclusive of Western Avenue
In an effort to address growing traffic congestion and air quality concerns, UPS (NYSE: UPS) and Seattle Mayor Jenny Durkan today announced the deployment of an innovative downtown delivery pilot project using pedal-assist cargo eBikes and customized, modular trailers. The cargo eBikes will operate in the historic Pike Place Market and downtown Seattle area on sidewalks and in designated bike lanes.
“While we have launched cycle logistic projects in other cities, this is the first one designed to meet a variety of urban challenges,” said Scott Phillippi, UPS’s senior director of maintenance and engineering, international operations. “The modular boxes and trailer allow us to expand our delivery capabilities and meet the unique needs of our Seattle customers. It’s exciting to return to our roots – UPS started in Seattle in 1907 as a bicycle messenger company. We’re looking forward to being able to offer these customizable urban delivery solutions to other cities nationwide.”