Worldport

UPS Announces Strategic Initiatives And Three-Year Financial Targets

Retrieved on: 
Tuesday, March 26, 2024

At the conference, the company will share details of its strategic growth and productivity initiatives and discuss its three-year financial targets.

Key Points: 
  • At the conference, the company will share details of its strategic growth and productivity initiatives and discuss its three-year financial targets.
  • During the conference, UPS will highlight several strategic initiatives that will enable market share capture and expand its addressable market to drive incremental growth.
  • Today the company will discuss its 2026 financial targets as follows:
    Consolidated revenue ranging from approximately $108 billion to approximately $114 billion.
  • See the appendix to this release for a discussion of non-GAAP financial measures.

O'BRIEN TO UPS: TEAMSTERS IN LOUISVILLE MAY STRIKE OVER UNFAIR LABOR PRACTICES

Retrieved on: 
Thursday, December 7, 2023

"This fall, approximately 35 specialist and administrative workers at UPS's Centennial hub successfully organized with Teamsters Local 89.

Key Points: 
  • "This fall, approximately 35 specialist and administrative workers at UPS's Centennial hub successfully organized with Teamsters Local 89.
  • They voted overwhelmingly to join 340,000 UPS Teamsters nationwide who just finalized the most historic union contract this summer in the history of the company.
  • Today, despite the ruling of an independent arbitrator, UPS shamefully laid off these workers, falsely claiming their labor should be performed by management.
  • Teamsters Local 89 represents more than 2,000 UPS Teamsters at the Centennial hub and more than 12,000 UPS Teamsters at the Worldport hub in Louisville.

"WE'VE CHANGED THE GAME": TEAMSTERS WIN HISTORIC UPS CONTRACT

Retrieved on: 
Tuesday, July 25, 2023

WASHINGTON, July 25, 2023 /PRNewswire/ -- Today, the Teamsters reached the most historic tentative agreement for workers in the history of UPS, protecting and rewarding more than 340,000 UPS Teamsters nationwide. The overwhelmingly lucrative contract raises wages for all workers, creates more full-time jobs, and includes dozens of workplace protections and improvements. The UPS Teamsters National Negotiating Committee unanimously endorsed the five-year tentative agreement.

Key Points: 
  • "Rank-and-file UPS Teamsters sacrificed everything to get this country through a pandemic and enabled UPS to reap record-setting profits.
  • We demanded the best contract in the history of UPS, and we got it," said Teamsters General President Sean M. O'Brien.
  • "We stayed focused on our members and fought like hell to get everything that full-time and part-time UPS Teamsters deserve."
  • Existing full- and part-time UPS Teamsters will get $2.75 more per hour in 2023, and $7.50 more per hour over the length of the contract.

Metropolitan College partnership between UPS, higher education celebrates a quarter-century of success

Retrieved on: 
Tuesday, June 6, 2023

LOUISVILLE, Ky., June 6, 2023 /PRNewswire-PRWeb/ -- Back in the late 1990s, UPS's Louisville air hub, known today as Worldport, was wrestling with a significant problem. Needing employees round-the-clock, the company was finding it difficult to retain workers for its overnight shifts. As it planned a much-needed expansion, the company knew the problem would only grow.

Key Points: 
  • Metropolitan College – a unique public-private partnership that dramatically increased retention among workers during the wee hours each night.
  • The program also provided more than 22,000 students over the past 25 years the opportunity to earn a college degree 100% debt-free.
  • The program launched in the fall semester of 1998 as a partnership among UofL, JCTC, UPS, Louisville Metro Government and the commonwealth of Kentucky.
  • "In addition to paying for college, Metro College provides a student with a livelihood while they are in college," said Ty Handy, JCTC president.

Allego® Appoints Bas Brukx as Chief Financial Officer

Retrieved on: 
Thursday, December 1, 2022

WALTHAM, Mass., Dec. 1, 2022 /PRNewswire/ -- Allego, the leading sales enablement platform provider, today announced Bas Brukx as its Chief Financial Officer (CFO). Brukx will lead the finance and accounting function while building the framework for continued growth for the company.

Key Points: 
  • WALTHAM, Mass., Dec. 1, 2022 /PRNewswire/ -- Allego , the leading sales enablement platform provider, today announced Bas Brukx as its Chief Financial Officer (CFO).
  • Brukx will lead the finance and accounting function while building the framework for continued growth for the company.
  • "Having worked with Bas for nearly a decade, I've seen his impressive work firsthand," said Yuchun Lee , co-founder and CEO of Allego.
  • Now I get to continue this work with Allego, an industry-leading solution that helps sellers win buyers," said Brukx.

HealthTrackRx Opens Louisville Area Lab to Deliver Next-Morning PCR Results Nationwide

Retrieved on: 
Thursday, November 17, 2022

DENTON, Texas, Nov. 17, 2022 /PRNewswire/ -- HealthTrackRx, the nation's premier PCR diagnostic testing company, today announced the opening of its latest high-throughput lab in Clarksville, IN. The state-of-the-art facility, just across the river from Worldport, UPS's global air hub in Louisville, KY, will help healthcare providers treat patients faster with lab results by the next morning.

Key Points: 
  • "HealthTrackRx understands the urgency of identifying patient infections so providers may treat them quickly and appropriately," said Martin Price, CEO and Chairman of HealthTrackRx.
  • "Our new lab will leverage the latest PCR technology with UPS' highly reliable healthcare logistics solutions to deliver next-morning infection results to providers and patients across the country.
  • That expedited delivery allows faster testing by HealthTrackRx and quicker results for patients," said Wes Wheeler, president of UPS Healthcare.
  • Headquartered in Denton, TX, HealthTrackRx is the premier PCR-based infectious disease laboratory, delivering industry-leading testing turnaround times to healthcare providers nationwide.

Former LaGuardia Airport Redevelopment Executive, Richard Smyth, Named Project Director of The New Terminal One at JFK International Airport

Retrieved on: 
Thursday, January 7, 2021

Mr. Smyth joins The New Terminal One Team from LaGuardia Airport where he was the Project Executive responsible for oversight of the $8 billion "A Whole New LGA" redevelopment.

Key Points: 
  • Mr. Smyth joins The New Terminal One Team from LaGuardia Airport where he was the Project Executive responsible for oversight of the $8 billion "A Whole New LGA" redevelopment.
  • He will lead the in-house Project Management Office reporting to Dr. Gerrard Bushell, Executive Chair of The New Terminal One at JFK.
  • "We are pleased to welcome Richard Smyth to The New Terminal One Team," said Dr. Bushell.
  • The New Terminal One at JFK is a new world-class international terminal to be built on the sites of the current Terminal One, Terminal 2 and the former Terminal 3.

UPS Mobilizes Against Coronavirus In Collaboration With Global Customers And U.S. Agencies

Retrieved on: 
Monday, March 30, 2020

UPS Healthcare and UPS operations all over the world are working with many companies and agencies across the public and private sectors.

Key Points: 
  • UPS Healthcare and UPS operations all over the world are working with many companies and agencies across the public and private sectors.
  • UPS Healthcare has the expertise and experience to move vital, life-saving medicines, medical devices, diagnostic specimens and supplies everywhere they are needed.
  • As part of the collaboration, FEMA will gain access to UPSs expansive Worldport facilities in Louisville for temporary staging of critical shipments from overseas.
  • UPS is assisting McKesson by delivering PPE shipments onto military bases where military members and civilians returning from overseas are required to quarantine.

UPS Undergoes Major Healthcare Facility Enhancements to Meet Growing Service Demands

Retrieved on: 
Monday, October 28, 2019

In addition, UPS received European Unions Good Distribution Practice (GDP) compliance certification for its healthcare operations in France and Germany.

Key Points: 
  • In addition, UPS received European Unions Good Distribution Practice (GDP) compliance certification for its healthcare operations in France and Germany.
  • Among the largest upgrades include a new 450,000 square-foot facility near the healthcare campus by UPSs Worldport air hub in Louisville.
  • UPS offers top-notch healthcare supply chain services that can meet specialized customer needs, said Darren Cockrel, UPS president of global logistics.
  • UPS also formed the new business unit called UPS Healthcare and Life Sciences, and redesigned its quality management system for storage, inventory management and distribution of healthcare products.