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UPS News

UPS workers in Sparks protest pay cuts for part-time employees – News 4

United Parcel Service (UPS) workers across northern Nevada and California are protesting outside seven different facilities Thursday to speak out against pay cuts for part-time employees.

UPS said despite making record-breaking profits last year and recently increasing prices for customers, the company cut the pay for nearly 4,000 part-time employees across the area this week.

A spokesman for the Teamsters 533 Union said the pay cuts amount up to $6 per hour for some workers living in some of the most expensive housing markets in the country.

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Industry News UPS News

FedEx, UPS operate large Boeing freighters FAA says vulnerable to 5G – American Shipper

A new Federal Aviation Administration regulation prohibiting Boeing 747-8 freighters and all 777 widebody aircraft from landing at airports where 5G towers might interfere with onboard safety equipment could have a disproportionate impact on major cargo airlines like UPS, FedEx and Atlas Air.

The airworthiness directive issued Tuesday said the FAA has identified an additional hazard from interference with radio altimeters beyond creating a landing danger in low-visibility conditions. Specifically, the signal interference could result in altimeters delivering faulty data to flight computers that control the aircraft’s pitch and put it in an inappropriate “up-down” position regardless of weather conditions, which is “especially hazardous” at low altitude.

Other systems could also be compromised, which combined with the uncommanded, inappropriate pitch inputs, “could affect the flightcrew’s ability to accomplish continued safe flight and landing,” the directive said.

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UPS News

A special delivery for a Springville UPS driver – WBRC

The Springville community really delivered!

After a local UPS driver lost one of his four-legged friends, his neighbors knew they had to step in.

Grady Galloway is normally a talker, but his new puppy left him speechless.

“Oh gosh, y’all are making my eyes get watery,” Galloway said.

Galloway lost his 7-month old puppy Saturday in a tragic accident.

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UPS News

United Parcel Service (UPS) Reports Next Week: Wall Street Expects Earnings Growth – NASDAQ

Wall Street expects a year-over-year increase in earnings on higher revenues when United Parcel Service (UPS) reports results for the quarter ended December 2021. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 1. On the other hand, if they miss, the stock may move lower.

While management’s discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it’s worth having a handicapping insight into the odds of a positive EPS surprise.

 

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UPS News

UPS becomes final occupant in spec building project – Laker Lutz News

The Asturia Corporate Center, a speculative building project supported by Penny for Pasco funding, has reached full occupancy, according to a Pasco Economic Development Council Inc., news release.

UPS has become the final tenant in the 235,000-square-foot building that is now filled to capacity, with a mix of occupants, representing various target industry sectors.

Building speculative space is a risky business considering the costs of developing infrastructure, the Pasco EDC release points out.