[ad_1] This week, Brian Newman, CEO of UPS, said that a new five-year deal with Teamsters-represented workers would cost less than US$30 billion The contract will cover some 340,000 UPS…
Tag: UPS
Strong Dollar Cuts Into Companies’ Overseas Revenue
[ad_1] Apple, UPS and others say the currency’s gains are hurting profit margins as goods become more expensive for customers abroad. [ad_2] Source link
Costlier Fuel and Labor Cut Into Corporate Profit
[ad_1] Energy and labor costs are cutting further into some corporate profits, in the latest sign that inflationary forces continue to course through industries, pressure executives and worry Wall Street. …
Longboat ups stake in Malaysia block with Topaz acquisition
[ad_1] Norway and Malaysia-focussed explorer and producer Longboat Energy announced the acquisition of the privately-held Topaz Number One on Wednesday, increasing its working interest in the production sharing contract over…
FAA Clears UPS Delivery Drones To Fly Beyond Visual Line of Sight – Slashdot
[ad_1] In a press release today, the Federal Aviation Administration said UPS delivery drones are now allowed to fly longer distance flights beyond the sight of ground operators. “This is…
UPS downsizing air fleet, seeks retirement of 167 pilots
[ad_1] United Parcel Service has announced that it will offer early retirement to some pilots in a bid to reduce labor costs. Officials at UPS said they hoped as many…
Lululemon ups guidance after ‘strong’ growth in China boosts quarterly sales
[ad_1] A customer enters a Lululemon store on June 02, 2023 in Corte Madera, California. Justin Sullivan | Getty Images Lululemon raised its full-year guidance Thursday after reporting an 18%…
Codere Online ups outlook following Mexican growth
[ad_1] Codere Online has upped its financial outlook for the year as strong growth in Mexico boosted its Q2 performance. In a trading update for the three months to 30…
UPS workers ratify 5-year contract and other business news | Chattanooga Times Free Press
[ad_1] UPS workers ratify contract The union representing 340,000 UPS workers said Tuesday that its members voted to approve the tentative contract agreement reached last month, putting a final seal…