Global shipping company UPS said Tuesday that the U.S. economy is slowing down as its revenue fell 6 percent in the first quarter compared to a year earlier. The company’s operating profit, it said, also fell about 22 percent. Its earnings also fell short of Wall Street forecasts for the quarter, according to Reuters. “In…
UPS Cutting Back on Some Jobs as Teamster Labor Talks Loom
LOS ANGELES—United Parcel Service on Monday confirmed it is taking steps to reduce its workforce in regions where delivery demand has softened, a comment that comes days after a local union reported that the company had begun nationwide layoffs of some drivers. With the move, UPS joins rival FedEx and other major transportation companies in…
Dallas-Based Ameriflight Signs $134 Million Deal to Buy 20 Autonomous Planes
February 2, 2023
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Cargo carrier Ameriflight has announced its $134 million deal to buy 20 autonomous regional freight aircraft from San Diego-based Natilus. The conditional purchase agreement marks Natilus’ first sale of its Kona 3.8T blended-wing-body (BWB) remotely-piloted aircraft to a U.S.-based company, according to a news release. “Through this strategic partnership, we are positioning Ameriflight to build…
Amazon, FedEx, UPS Issue Delivery Alerts Ahead of Christmas
FedEx, Amazon, the U.S. Postal Service, and UPS are warning of delivery delays ahead of Christmas as a major winter storm crosses the United States. “FedEx Express experienced substantial disruptions at our Memphis and Indianapolis hubs last night due to severe winter weather that has been moving across the United States,” FedEx said in a…
State Attorneys General Say FedEx and UPS Help Feds Track Gun Sales
Montana Attorney General Austin Knudsen, together with 17 other state attorneys general, has demanded that shipping companies UPS and FedEx explain their newly implemented policies to track and record Americans’ firearms purchases, and disclose whether these policies have been coordinated with the Biden administration. In letters sent on Nov. 29 to FedEx CEO Raj Subramaniam…
Boeing Receives Order for Eight More 767 Freighter Jets From UPS
Boeing Co. said on Monday package delivery giant United Parcel Services Inc. had placed an order for additional eight 767 freighter jets. The new order will bring UPS’s 767 freighter fleet to 108 jets, Boeing said, adding that deliveries of the new jets will begin in 2025, but without revealing the financial details of the…
Boeing Receives Order for 8 More 767 Freighter Jets From UPS
Boeing Co. said on Monday package delivery giant United Parcel Services Inc. had placed an order for additional eight 767 freighter jets. The new order will bring UPS’s 767 freighter fleet to 108 jets, Boeing said, adding that deliveries of the new jets will begin in 2025, but without revealing the financial details of the…
Firearm Companies Say Packages Shipped With UPS Being Damaged, Disappearing: Reports
A number of firearm companies have seen their shipments with UPS become damaged or go missing while on route to customers, while others have allegedly had their corporate accounts canceled by the parcel service, according to a report by Bearing Arms, a pro-Second Amendment news site. Patrick Collins, CEO of The Gun Food, an ammunition supply company, told the…
New Louisiana Law Will Permit Truck Haulers To Double Up on Loads
Louisiana lawmakers have approved a bill to allow big-rig trucks to haul tandem loads to increase the volume of shipments amidst a growing shortage of drivers. A recent study by the American Trucking Associations (ATA) found that the nationwide shortage could surpass 160,000 drivers by 2030, after setting a historic shortage of 80,000 drivers in…
Quick-Thinking UPS Store Owner Helps Elderly Man Dodge $12,000 ‘Grandparent Scam’
Spotting red flags in an elderly customer’s shipping request, a UPS store owner stepped in, called a trusted relative, and saved the man from losing $12,000 to a scammer. Julie and her husband, David Osborne, have owned and run a store in Lebanon, Pennsylvania, as part of the UPS franchise since 2011. Julie didn’t recognize…
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