114.73 0.00 (0.00%)
After hours: 5:15PM EDT
|Bid||114.75 x 800|
|Ask||115.20 x 800|
|Day's Range||114.18 - 117.75|
|52 Week Range||101.45 - 135.53|
|Beta (3Y Monthly)||1.13|
|PE Ratio (TTM)||19.29|
|Earnings Date||Oct 24, 2018|
|Forward Dividend & Yield||3.64 (3.08%)|
|1y Target Est||128.58|
The Metro Atlanta Chamber hosted both major candidates for governor at their executive committee meeting Thursday morning to hear their visions for Georgia if they are elected.
Continuing efforts to fight what he says are unfair trade practices, the administration of President Donald Trump announced the U.S. will pull out of the Universal Postal Union (UPU) treaty. Since 1969, the treaty has assigned lower shipping rates to developing countries, including China, in an effort to boost their competitiveness globally. According to the New York Times, more than 60 percent of packages shipped under the treaty to the U.S. come from Chinese companies today.
J.B. Hunt Transport Services’ (JBHT) ICS (Integrated Capacity Solutions) segment’s revenues were $346.0 million in the third quarter—up 28.6% YoY (year-over-year) from $269.0 million. For J.B. Hunt, this non-asset-based segment is the third-largest total revenue source.
Tens of thousands of Teamsters members earlier this month rejected a five-year contract agreement with United Parcel Service, unhappy with a proposal to create a new class of drivers with lower pay. Fifty-four percent of the ballots were "no" votes, but under a Teamster rule, a rejection requires two-thirds of the voters to vote down the contract when less than half of eligible members participate. Now, many Teamsters members are angry, divided and feel like their union leaders have betrayed them.
U.S. officials said the administration sought to revise the treaty in September and was rebuffed by other nations, prompting the decision to withdraw. The State Department will deliver a notice to the Universal Postal Union in Switzerland Wednesday, White House Press Secretary Sarah Huckabee Sanders said in a statement.
UPS aims at enhancing customer experience by expanding the UPS My Choice service in the near term to additional 96 countries.
Cincinnati-based Macy's Inc. is adding the CEO of United Parcel Service Inc. to is board of directors.
Atlanta-based United Parcel Service Inc. has opened its second-largest ground transportation package facility in the U.S. The company had a grand opening for the new Atlanta sortation and delivery center yesterday. The Atlanta hub will process about 100,000 parcels per hour by using a highly orchestrated series of conveyors, chutes, belts and ramps. The packages will be moved into waiting trailers for transfer to another UPS location or into package delivery vehicles bound for area businesses and residents.
US road transportation companies’ earnings releases usually start with J.B. Hunt Transport Services (JBHT). On October 15, the company announced its third-quarter earnings after the market closed. J.B. Hunt (XTN) reported an adjusted EPS of $1.47, which exceeded analysts’ estimate by $0.07. The analysts were surveyed by Thomas Reuters. J.B. Hunt beat analysts’ adjusted earnings estimate by 5%. The company’s adjusted EPS for the third quarter rose 52% YoY (year-over-year) from $0.96 in the third quarter of 2017.
UPS said Monday that it was opening its second largest U.S. ground package processing facility in Atlanta as the delivery company seeks to boost capacity at a time when more people are shopping online.
UPS' second-largest ground package facility in the United States is officially open. United Parcel Service Inc. (NYSE: UPS) had a grand opening walk through this weekend of the new southeast regional super hub in Atlanta. The 321-acre facility is the fourth-largest package operation globally and will primarily serving the southeast U.S. It's one of the new regional sortation and processing centers that provide customers additional market access and capacity when using UPS’s global smart logistics network.
UPS (UPS) today announced the grand opening of its second largest ground package processing facility in the United States and fourth largest package operation in its worldwide network. The new Atlanta sortation and delivery center is part of an expanded network of regional hubs designed to improve efficiency, service levels and reliability. The Atlanta hub will process approximately 100,000 parcels per hour via a highly orchestrated series of conveyors, chutes, belts and ramps, into waiting trailers for transfer to another UPS location, or into package delivery vehicles bound for area businesses and residents.
Thousands of jobs are up for grabs this month as part of a pair of hiring blitzes by two of Atlanta's largest employers.
Amazon (AMZN) is boosting the starting wage for its US employees to $15 an hour. About 250,000 current employees and some 100,000 seasonal workers are expected to benefit from the pay hike, which will take effect on November 1. Rising wages usually drive up costs, and that’s an impact Amazon is expected to feel as it lifts the starting pay rates for hundreds of thousands of employees.
The company launched last month plans to hire 100,000 seasonal workers to support its annual holiday shipping rush, and UPS Brown Friday is part of that continuing effort. UPS is holding nearly 170 hiring fairs across the country on Friday, and will be hiring thousands of candidates on the spot. “Just about everyone has heard of Black Friday and Cyber Monday, but for anyone looking for a great seasonal job this holiday season, UPS Brown Friday promises the first good deal of the season,” said Stefond Harris, Vice President, Human Resources.
The USPS has proposed a 12.3% price increase for its lightweight parcel service and a 9.3% increase for non-lightweight service.
The UPS Foundation today announced a $1.5 million commitment to support relief and recovery efforts for the earthquake/tsunami in Indonesia and Hurricane Michael in Florida. Through a combination of cash grants, in-kind transportation movements and technical expertise, The UPS Foundation, in collaboration with its disaster relief partners, will provide urgent relief, as well as support for long-term needs ranging from rebuilding to personal and financial recovery assistance. Last month, The UPS Foundation also committed more than $1 million to assist with Hurricane Florence relief efforts.
The Zacks Analyst Blog Highlights: Wells Fargo, United Parcel, PayPal, United Technologies and Morgan Stanley
The U.S. Postal Service has proposed a 9 to 12 percent increase to the shipping service used by Amazon.com. The Parcel Select Service, which is also used by United Parcel Service and FedEx, is the last and typically the most expensive step in the shipping process that gets the packages to customers' doorsteps.
United Parcel Service Inc. said Thursday that it has expanded its UPS My Choice service to an additional 96 countries and territories including parts of Africa, the Caribbean and Central America, in time for the holiday season. That brings the total number of countries served to 112. UPS My Choice offers email notifications about a pending delivery, a delivery window, and other perks, which have gained significance for e-commerce shoppers. The service launched seven years ago and currently has 52 million members. Users can also send packages to an Access Point location for pickup. UPS shares are down nearly 3% for the year so far while the S&P 500 index is up 3.2% for the period.
Attaining environmental benefits and lower cost of ownership are driving more commercial fleets to electrify, according to a UPS (UPS) and GreenBiz study released today. In the “Curve Ahead: The Future of Fleet Electrification” report, industry leaders identify the main motivations and barriers to electrification, as well as strategies to move the commercial electric vehicle market from niche to mainstream. The top motivation to go electric for 83 percent of large businesses surveyed is sustainability and environmental goals.
UPS (UPS) today announced the global expansion of UPS My Choice service to 96 additional countries and territories, bringing the total to 112 served. The expansion, which takes UPS My Choice service far beyond the original 16-country-and-territory footprint, comes in two phases: The first brought the service to 48 additional locations worldwide over the summer.
Packaging giant FedEx Corporation ( FDX) has seen its shares drop 30 points in the past three weeks, and the stock has now lost nearly 8% since the first trading day of 2018. That's a startling turnaround for the perennial market leader, which posted double-digit percentage returns in 2016 and 2017. This early cyclical play and its rival United Parcel Service, Inc. ( UPS) have long held reputations as canaries in the coalmine for the U.S. economy, measuring the output of American industry through their shipping habits.