Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $97.20 USD
Change Today +0.26 / 0.27%
Volume 1.8M
UPS On Other Exchanges
Symbol
Exchange
New York
Sao Paulo
Mexico
Frankfurt
As of 8:04 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

united parcel service-cl b (UPS) Key Developments

UPS Announces Executive Changes

George Willis has been promoted to West Region President for UPS, an appointment that follows a two-year tenure as U.K., Ireland and Nordics District Manager. Willis succeeds Jerry Mattes, who has accepted the assignment of U.S. Operations manager at the company. Willis, now responsible for all package delivery operations in 25 central and western states in the United States, has held a number of positions at the company during a more than 30-year career with the company. In 2012, Willis took on the role of U.S. small package operations manager.

UPS to Expand European Distribution Campus with New Healthcare Facility

UPS announced that it is building a new healthcare distribution center in Roermond, the Netherlands, to accommodate growing demand. The new facility will measure close to 28,000 square meters and provide 41,000 pallet places. The Roermond facility, which is scheduled to be completed in January 2016, is part of UPS's ongoing growth plan in Europe. With its close proximity to UPS's European air hub at Cologne/Bonn airport in Germany, it allows for short transit times, including next-day and two-day service, to global destinations. Up to 200 jobs will be created once the facility is fully operational. The new building, which will be fully compliant with EU Good Distribution Practice guidelines and licensed by the Dutch Ministry of Health, will provide inventory management, temperature-sensitive storage and quality assurance services with a direct feeder connection to UPS's air hub at the Cologne/Bonn airport.

UPS Agrees to Pay $25 Million to Settle Delivery Time Allegations

United Parcel Service Inc. (UPS) has agreed to pay $25 million to resolve allegations that it submitted false claims to the federal government in connection with its delivery of Next Day Air overnight packages. UPS provides delivery services to hundreds of federal agencies through contracts with the U.S. General Services Administration (GSA) and U.S. Transportation Command, which provides support to Department of Defense agencies. Under these contracts, UPS guaranteed delivery of packages by certain specified times the following day. The settlement announced resolves allegations that from 2004 to 2014, UPS engaged in practices that concealed its failure to comply with its delivery guarantees, thereby depriving federal customers of the ability to request refunds for the late delivery of packages.

UPS Announces Executive Changes

UPS announced Mark Wallace is appointed senior vice president of engineering, replacing Mitch Nichols who has elected to retire after 28 years with the company. In his new assignment, Wallace will lead the company's global engineering and sustainability activities. Wallace joins the UPS Management Committee, a group of the most senior executives responsible for day-to-day management of the company. Wallace was previously president of UPS Supply Chain Solutions. In this role he led the company's global contract logistics operations which serve customers in numerous industry segments with optimized supply chain planning, light assembly, warehousing and distribution services. Before taking over UPS Supply Chain Solutions, Wallace served as vice president for Industrial Engineering, since 2012. Wallace began his UPS career in 1986 as an engineering specialist and was assigned as a driver in Arizona.

UPS Opens Healthcare and Life-Sciences Center at Amsterdam Airport Schiphol

UPS announced the expansion of its temperature-controlled supply chain capabilities in Europe with the opening of a healthcare-dedicated air freight forwarding facility at Amsterdam Airport Schiphol, Netherlands. The opening demonstrates UPS's continued investment for growth in specialized market segments, in this case, for logistics needs of healthcare and life-sciences companies in the region. The new 600-square-meter, GDP-compliant facility is designed to meet the high standards in pharmaceutical freight forwarding, featuring 15ºC -to-25ºC and 2ºC-to-8ºC temperature zones as well as 24/7 monitoring and alarm systems to protect the integrity of temperature-sensitive healthcare shipments. UPS operators follow in-depth training programs and adhere to healthcare-specific protocols to ensure that inbound and outbound products are handled safely and securely during transit. Utilizing its own healthcare-dedicated, GDP-compliant facility at Amsterdam Airport Schiphol allows UPS to provide more control of the cross-docking and interim storage of healthcare shipments - helping customers mitigate risks and comply with high quality standards. At the facility, UPS also provides for the assembly of insulated pallet packing options and the maintenance of actively-controlled container solutions. UPS staff on-site are trained to ensure appropriate handling and adherence to operating instructions of packaging suppliers.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
UPS:US $97.20 USD +0.26

UPS Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Deutsche Lufthansa AG €11.58 EUR -0.132
East Japan Railway Co ¥11,070 JPY -15.00
Hitachi Ltd ¥804.40 JPY +2.00
International Consolidated Airlines Group SA 487.00 GBp -2.20
Union Pacific Corp $96.66 USD +0.50
View Industry Companies
 

Industry Analysis

UPS

Industry Average

Valuation UPS Industry Range
Price/Earnings 28.4x
Price/Sales 1.5x
Price/Book 47.9x
Price/Cash Flow 17.1x
TEV/Sales 1.2x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact UNITED PARCEL SERVICE-CL B, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.