Global UPS Demands Global Unionism
UPS just made its biggest acquisition ever, buying TNT Express for $6.8 billion. With contract negotiations on the way, the UPS-TNT deal makes it more important for the Teamsters to coordinate with...
View ArticleBrown’s CEO Gets $2.3 Million Pay Hike
United Parcel Service CEO Scott Davis got a whopping 21.62 percent raise to $13.05 million last year according to a company filing with the SEC. Davis made $10.73 million in 2010 bringing the hike in...
View ArticleUPS Profits Up Again
UPS made just under a billion dollars in the first quarter of 2012. Brown reported profits of $970 million for the first three months of the year, up 6 percent from last year. Who delivered most of...
View ArticleUPS Forecasts Higher Profits for 2012
October 24, 2012: UPS released its third-quarter financials yesterday, and has upgraded its projected profits for 2012. Once again, UPS Teamsters drove the company’s revenue. International package...
View ArticleUPS Posts Record Earnings
January 31, 2013: UPS announced record Fourth Quarter and Annual adjusted earnings in a company statement today. UPS made profits of $2.05 billion excluding a big one-time pension accounting charge....
View ArticleUPS Increases Stock Dividends
In another sign of UPS’s fat profits, the company once again hiked payments to stockholders. Cash dividends have tripled since 2000. The UPS Board of Directors declared an 8.8% increase in stock...
View ArticleUPS Profits Up Again, Top $1 Billion For 1Q
April 25, 2013: On the same day that UPS is looking to ink a tentative agreement on a new contract, the company announced its profits are on the rise. UPS’s after-tax profits for the first quarter rose...
View ArticleBrown Hauls in More Green
July 23, 2013: Today, UPS announced after-tax profits of $1.07 billion for the second quarter. The money is there for a better contract. In the first six months of the year, UPS made $2.11 billion. UPS...
View ArticleUPS Profits Top $1 Billion for 3Q
October 25, 2013: UPS announced third quarter profits of $1.1 billion today. Can anyone explain why Hoffa and Hall gave the company healthcare cuts, a longer progression and other contract givebacks?...
View ArticleUPS Says Profits for Us, Concessions for You
While UPS and UPS Freight Teamsters take concessions, the profit haul for the company continues. UPS reported fourth-quarter profits of $1.2 billion and says profits will top $5 billion in 2014. The...
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