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Big Brown Gets Busy in 2nd Quarter

July 29, 2014: UPS made $454 million in after-tax profits and transferred liability for future retiree healthcare costs to Teamcare. UPS announced $454 million in profits for the 2nd quarter today. That’s down from $1.07 billion for the same period last year. But don’t cry for Big Brown just yet. The company’s 54% drop in profits is explained by a one-time charge.  UPS posted a one-time $665 million after-tax charge on its books related to...

UPS invests $175 million in peak operations

Hadley Malcolm USA Today July 29, 2014 View the original piece After a holiday shipping fiasco that left thousands of customers without packages in time for Christmas last year, United Parcel Service will invest $175 million in peak operations for the rest of 2014, the company announced Tuesday as part of its second quarter earnings statement. UPS said it will increase operating expenses for "capacity and peak related projects," including for operations on Black Friday...

UPS Plans to Invest $1 Billion in European Operations

Transport Topics July 07, 2014 View the original piece UPS Inc. plans to invest $1 billion in its European operations in the next three to five years, chief financial officer Kurt Kuehn told a German newspaper, Reuters reported. A majority of the investment would go to expanding the company’s logistics centers in Germany, one of the company’s fastest growing markets. Kuehn said the company’s new strategy will be announced in November and involves acquisitions, especially...

Top 10 Tips for Protecting Yourself from Harassment

June 20, 2014: Harassment isn’t an accident at UPS. It’s a strategy, called management-by-stress.   Under management-by-stress, the company uses harassment to try to intimidate us into working faster. Sometimes, they’re trying to provoke you into losing your temper. In extreme cases, they’ll try to harass workers into quitting.   TDU asked experienced package car stewards for suggestions on how Teamsters can protect themselves from harassment at UPS. Here were their Top 10 tips.  ...

New UPS Contracts Available from TDU: Get the Contracts Hoffa and Hall Don’t Want to Send You

June 13, 2014: The Hoffa-Hall administration has not made the new agreement available to members as a contract book or even online.   So TDU is making the new UPS contract available to help Teamsters know their rights and enforce the contract.   TDU created the 2013-2018 contracts by combining the new negotiated changes with the old language. These contract downloads are unofficial documents for use by UPS Teamsters, stewards, and local union reps.  ...
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