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UPS / UPS says Teamsters deal will raise costs by 3.3%

United Parcel Service Inc. UPS, -0.09% on Monday said it expects costs related to its deal with the Teamsters union to increase at a rate of 3.3% over the contract's five-year lifespan. Chief Financial Officer Brian Newman, in a presentation, said that compound annual growth rate figure accounted for all contract provisions — like stronger wages and benefits — that affect operating costs, but that it did not include any impacts from productivity improvements over that time. Read More

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Posted: Sep 11 2023, 19:44

Author Name: Market Watch

UPS News

By The Motley Fool
November 2, 2023

Why UPS Stock Really Delivered for Shareholders Today

The logistics giant declared its latest set of shareholder distributions. These qualify as high-yield dividends, at nearly 5%.

By The Motley Fool
November 2, 2023

UPS Stock: Buy, Sell, or Hold?

UPS is starting to look like an excellent value, but investors will have to be patient on earnings. The protracted labor negotiations hit near-term de

By Zacks Investment Research
November 1, 2023

Investors Heavily Search United Parcel Service, Inc. (UPS): Here is What You Need to Know

Zacks.com users have recently been watching UPS (UPS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

By Proactive Investors
October 27, 2023

UPS price target slashed by analysts on more conservative earnings outlook

United Parcel Service Inc (NYSE:UPS)'s reduction of its full-year 2023 revenue and operating margin guidance has prompted Bank of America (BoA) analy

By Barrons
October 27, 2023

UPS Is Adjusting to the New Labor Deal Math. So Is Its Stock

The company will need time to adjust pricing for higher wages.

By CNBC Television
October 26, 2023

3-Stock Lunch: UPS, KDP & ALGN

Victoria Greene, G Squared chief investment officer, joins ‘Power Lunch' to discuss three stocks: UPS, Keurig and Align Technology.

By CNBC
October 26, 2023

UPS stock falls after delivery giant cuts revenue outlook

UPS reported third quarter earnings and warned of persistent global economic uncertainty.

By The Motley Fool
October 26, 2023

Why UPS Stock Dropped 5.5% After Earnings

UPS beat on earnings but missed on sales this morning. Q4 guidance looks light as well, probably resulting in a back-to-back misses for this stock.

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