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Rick Fletcher to head UPS in UK, Ireland and Nordics

UPS has appointed Rick Fletcher as its new president of UK, Ireland and Nordics. He has been with the company for nearly 25 years, and has held several positions in engineering and operations including in Sweden and Turkey. His most recent role was president, operations, Europe Region. [+]

UPS joint venture moves in on Indian market

UPS has joined forces with travel and hospitality conglomerate InterGlobe Enterprises to launch a new MOVIN brand to serve the Indian market. MOVIN (a combination of Movement and India) will offer a range of express and premium services coverage across the country with emphasis on B2B domestic services including a day-definite, ... [+]

UPS is up

UPS announced on 26 April first-quarter 2022 consolidated revenue of $24.4 billion, up 6.4% over the first quarter of 2021. Consolidated operating profit was $3.3 billion, up 17.6% compared to the first quarter of 2021, and up 12.1% on an adjusted basis. [+]

UPS adds healthcare capacity in Hungary

UPS Healthcare has added 13,000sq m warehousing space to its hub near Budapest. Housing multiple validated temperature-controlled environments for a variety of temperature-sensitive medicines and biologics, it brings total dedicated pharma capacity in Hungary to 37,000sq m. UPS Healthcare has also made major investments in Hungary’s key export markets, creating ... [+]

UPS to open dedicated pharma facility in Germany

UPS Healthcare has will open its first dedicated healthcare logistics facility in Giessen, north of Frankfurt Germany in 2023. It will offer access to the fast-growing European healthcare markets, supporting pharmaceutical, medical device and biologics producers needing time-critical and temperature sensitive logistics for their products. President of UPS Healthcare, Wes Wheeler, ... [+]

UPS revenue jumps

UPS revenues rose 11.5% to $27.8 billion in its fourth-quarter 2021 results. Operating profit was up 91% at $3.9 billion, compared to the fourth quarter of 2020, and 37.7% on an adjusted basis. Domestic revenue rose 12.4% to $17.7bn and international revenue by 13.1% to $5.4bn. [+]

UPS delivers a billion doses – and counting

UPS says it has now delivered a billion Covid-19 vaccine doses – and with near-perfect on-time accuracy in just a year. The global UPS network and dedicated UPS employees not only supported healthcare customers and global organizations, but also joined in public-private partnerships to provide vaccines and cold chain expertise to ... [+]

UPS ups profits

UPS announced third-quarter consolidated revenue of $23.2 billion, up 9.2% 2020. Consolidated operating profit was $2.9 billion, up 22.6% and 23.4% on an adjusted basis. Diluted earnings per share were $2.65 for the quarter, 18.3% above the same period in 2020, and up 18.9% on an adjusted basis. [+]

UPS opens UK mega-hub

UPS has officially opened its expanded air hub at East Midlands Airport.  The36,000sq m operation can now sort up to 22,500 packages per hour – more than twice the capacity of the previous facility and scale up more easily during peak periods. There are six daily flights to key markets, ... [+]

UPS up 14.5%

UPS announced a second-quarter 2021 consolidated revenue of $23.4 billion on 27 July, a 14.5% increase over the second quarter of 2020. The company also revealed a consolidated operating profit of $3.3 billion, up 47.3% compared to the second quarter of 2020, and up 40.8% on an adjusted basis. While ... [+]

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