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UPS is welcoming nearly 1,500 of its drivers worldwide into an elite group called the Circle of Honor, reserved for drivers who have not had a vehicle accident in 25 years.

At the end of March, UPS announced 1,495 of its drivers across four continents were inducted into the Circle of Honor.

One UPS driver who knows all too well about safe driving is Janis Bailey, the first female driver out of her center in Daytona Beach to join the elite group. She was inducted into the Circle of Honor a few years ago, but with that honor comes another – being a female trailblazer in the world of UPS.

When she joined UPS in 1989, Bailey wasn’t what customers were used to seeing in a male-dominated field. But she didn’t let that phase her.

United Parcel Service looks to be in luck this summer. The Steamship Authority board of governors voted unanimously Friday morning to approve a temporary license to barge UPS trucks from New Bedford to Nantucket, just one month after boat-line officials confirmed the shipper had missed the deadline for SSA truck reservations. this summer.

“If we don’t do something for this year, the island of Nantucket and its businesses will suffer,” SSA board member Peter Jeffrey said.

The barge service, run by 41 North Offshore LLC, will run weekdays from May 15-Oct. 19 this year. The approval from the SSA is for a one-year period.

The barge company made its proposal for 70 trips earlier this month after hearing UPS had lost out on hundreds of ferry spaces it normally books to transport its trucks to the island from Hyannis.

A UPS driver has been charged with stealing $187,000 worth of high-end retail packages from his route and dropping them off at his South Side home, according to Chicago police.

Pedro Caudillo, 26, stole packages of Louis Vuitton merchandise over a two-week period in April, according to a police report.

Video surveillance allegedly shows him taking the packages from the South Loop UPS warehouse. Caudillo would then drop off the packages at his home in the Back of the Yards neighborhood, according to the police report.

The police department’s Organized Retail Crime Task Force began surveilling Caudillo on Wednesday and saw him steal three packages worth $35,000 before his route, police said. Officers then allegedly saw him drop them off at his home.

United Parcel Service, Inc. (NYSE:UPS) released first-quarter financial results on Tuesday. The results were a lot better than the market was expecting, but the share price fell after the earnings call. During the call, company executives said they expected US package volumes to decline during the current quarter before improving in the next quarter.

Key takeaways from this analysis:

• UPS has demonstrated that it has pricing power.
• The dividend is well covered by cash flows.
• Valuation reflects lower than average growth forecasts.