Tag Archives: UPS

‘Amazon better pay attention’: UPS CEO says delivery drivers will earn an average of $170K in newly ratified ‘historic’ contract — but one driver says that’s ‘a bit of an exaggeration’ – Yahoo Finance

  1. ‘Amazon better pay attention’: UPS CEO says delivery drivers will earn an average of $170K in newly ratified ‘historic’ contract — but one driver says that’s ‘a bit of an exaggeration’ Yahoo Finance
  2. UPS deal raises pay for thousands of employees in Alabama AL.com
  3. Central Pensylvania Teamsters approve UPS supplemental contract | Local Business | lancasteronline.com LNP | LancasterOnline
  4. UPS contract declared ratified under cloud of suspicion among the rank and file WSWS
  5. UPS workers win wage increases, AC in new union contract Grist
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Warner Bros. Discovery Narrows Streaming Loss to $3M, Posts Sub Drop Amid Max Rebrand, Ups Post-Merger Cost Savings Target to $5B-Plus – Hollywood Reporter

  1. Warner Bros. Discovery Narrows Streaming Loss to $3M, Posts Sub Drop Amid Max Rebrand, Ups Post-Merger Cost Savings Target to $5B-Plus Hollywood Reporter
  2. Warner Bros. Discovery Misses Q2 Expectations, Loses 1.8 Million Subscribers in Max Rebrand Yahoo Entertainment
  3. Warner Bros. Discovery loses subscribers after Max launch, but makes headway on debt paydown CNBC
  4. Warner Bros. Discovery trims costs and losses but misses forecasts CNN
  5. Warner Bros. Discovery Q2 earnings miss estimates but free cash flow improves Yahoo Finance
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Lionel Messi ups value of MLS stars like Nashville’s Hany Mukhtar – Tennessean

  1. Lionel Messi ups value of MLS stars like Nashville’s Hany Mukhtar Tennessean
  2. Saint West Can’t Contain His Excitement During Kim Kardashian’s Interview at Lionel Messi’s MLS Debut Yahoo Entertainment
  3. Uhh, Messi’s in my WhatsApp group. Behind the scenes of the Miami hero’s first days The Athletic
  4. Five Essential Publix Items for Messi’s Inter Miami Victory Party Miami New Times
  5. WATCH: David Beckham sings Spice Girls song with wife Victoria on boozy night out after Lionel Messi’s spectacular Inter Miami debut Goal.com
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‘We’re going to see workers die’: extreme heat is key issue in UPS contract talks – The Guardian

  1. ‘We’re going to see workers die’: extreme heat is key issue in UPS contract talks The Guardian
  2. Teamsters union president: ‘We’ve organized, strategized, now it’s time to pulverize,’ says Teamsters union president ahead of looming UPS strike CNN
  3. UPS workers attend Saturday rally to discuss possible strike if negotiations fail FOX 5 Atlanta
  4. ‘They work hard’: GR business owners on looming UPS strike WOODTV.com
  5. A UPS strike could be just around the corner. Here’s what you need to know East Idaho News
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‘They work hard’: GR business owners on looming UPS strike – WOODTV.com

  1. ‘They work hard’: GR business owners on looming UPS strike WOODTV.com
  2. ‘We’ve organized, strategized, now it’s time to pulverize,’ says Teamsters union president ahead of looming UPS strike CNN
  3. UPS Contract Talks Go Down to the Wire as a Possible Strike Looms The New York Times
  4. ONLINE MEETING: The battle at Yellow freight: Logistics and postal workers must rally in support! WSWS
  5. Kids’ Shoe Brands Prepare for Possible UPS Strike Ahead of Crucial Back-to-School Season Footwear News
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Teamsters leader tells Biden to butt out of labor talks with UPS as strike looms – Fox Business

  1. Teamsters leader tells Biden to butt out of labor talks with UPS as strike looms Fox Business
  2. Teamsters president says he’s asked the White House not to intervene if UPS workers go on strike The Associated Press
  3. Alexandria Ocasio-Cortez Visits UPS Hub As Strike Looms, $7 Billion In Losses In 10 Days If Drivers Walk Benzinga
  4. Biden Needs to Stand Up to the Teamsters, Prevent a UPS Strike, and Save His Economy | Opinion Newsweek
  5. Like steelworkers before them, UPS workers fighting a worthy battle for better lives | Opinion lehighvalleylive.com
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Gangster-turned-politician Atiq Ahmed’s son Asad buried in UP’s Prayagraj amid heavy security – The Tribune India

  1. Gangster-turned-politician Atiq Ahmed’s son Asad buried in UP’s Prayagraj amid heavy security The Tribune India
  2. Asad Encounter: Atiq’s Empire & Family Crumbles ; Will Atiq’s Wife Shaista Surrender Now? India Today
  3. Atiq Ahmed seeks permission from magistrate to attend funeral of son Asad killed in encounter Deccan Herald
  4. The ‘suraksha’ story: How police encounters are justified in Uttar Pradesh The Indian Express
  5. Express View: When a state celebrates a police killing in cold blood, it thumbs its nose at the court and corrodes justice The Indian Express
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Kim Kardashian Shares the Ups & Downs of Co-Sleeping With Kids in Hilarious Post with Son Saint – Yahoo Life

  1. Kim Kardashian Shares the Ups & Downs of Co-Sleeping With Kids in Hilarious Post with Son Saint Yahoo Life
  2. Kim Kardashian Jokes That Son Saint Is “Not as Cute as I Thought” After He Pulled This Move E! NEWS
  3. Kim Kardashian Gets Punched In The Face By Son Saint, 7, While He Sleeps In Bed With Her: Photos HollywoodLife
  4. Kim Kardashian Posts Cute Pic of Son Saint in Bed — And Adds He ‘Punched’ Her in the Eye While Asleep Yahoo Entertainment
  5. Kim Kardashian’s ‘cute’ moment with son Saint interrupted by punch in the face Page Six
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Stocks making the biggest moves premarket: McDonald’s, UPS and more

Nathan Stirk | Getty Images News | Getty Images

Check out the companies making headlines before the bell.

McDonald’s — Shares dipped more than 1% after McDonald’s reported its latest quarterly results. The fast food giant topped earnings and revenue estimates, saying customers are increasingly visiting its restaurants. Still, McDonald’s CEO Chris Kempczinski said he expects “short-term inflationary pressures to continue in 2023.”

General Motors — Shares of the automaker rose more than 5% in premarket trading after GM beat estimates on the top and bottom lines for its fourth quarter, even as its profit margin narrowed. The company reported an adjusted $2.12 per share on $43.11 billion in revenue. Analysts surveyed by Refinitiv were looking for $1.69 in earnings per share on $40.65 billion in revenue. GM said it expected earnings to fall in 2023, but guidance was still above analyst estimates.

Ford — Shares of Ford rose 2% after the company announced Monday it would lower the price of the Mach-E, its electric pickup truck. The company reports earnings later in the week.

United Parcel Service – Shares of UPS rose 1.9% after the company reported earnings that beat analyst expectations. The company posted adjusted earnings per share of $3.62 on $27.08 billion in revenue. Analysts had forecast earnings of $3.59 per share and $28.09 billion in revenue, per Refinitiv.

Exxon Mobil — The oil giant was under pressure despite reporting upbeat financial results for the latest quarter. The company, whose stock price rallied more than 80% last year, saw a tightening in supplies as economies began recovering, CEO Darren Woods said in a statement. Shares fell more than 1%.

Caterpillar — Caterpillar shares fell more than 2% after the industrial giant posted a disappointing quarterly profit. The company reported earnings of $3.86 per share, well below a Refinitiv consensus estimate of $4.06 per share. Caterpillar said its bottom line was impacted by an “unfavorable ME&T foreign currency impact in other income (expense) of $0.41 per share.”

Pfizer – Shares of the vaccine maker fell more than 2% after the company reported mixed quarterly results and issued earnings and revenue guidance for the full year that came in below analysts’ expectations, according to StreetAccount. Pfizer said it expects revenues from its Comirnaty and Paxlovid drugs to fall 64% and 58%, respectively, from actual 2022 results.

International Paper – The packaging and paper products company reported fourth-quarter adjusted operating earnings of 87 cents per diluted share, exceeding StreetAccount’s estimate of 69 cents per diluted share. However, the company reported a net earnings loss of $318 million for the quarter. International Paper nearly 6% in the premarket.

Lucid – Shares of Lucid slipped 4.4%, further cooling off after a monster options fueled rally on Friday.

PulteGroup – Shares of the homebuilder rose more than 1% in premarket trading after PulteGroup reported a better-than-expected fourth quarter. The company reported $3.63 in adjusted earnings per share on $5.17 billion of revenue. Wall Street analysts were expected $2.93 in earnings per share on $4.58 billion of revenue, according to StreetAccount. PulteGroup’s homebuilding gross margin rose year over year.

— CNBC’s Fred Imbert, Jesse Pound, Tanaya Macheel, Sarah Min, Carmen Reinicke and Michelle Fox contributed reporting

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FedEx and UPS warn of possible delivery delays as winter storm sweeps country

FedEx and UPS are warning customers that harsh winter weather conditions around several service hubs may cause delivery delays.

“FedEx Express experienced substantial disruptions at our Memphis and Indianapolis hubs last night due to severe winter weather that has been moving across the United States,” the company said in an alert.

FedEx sent out the service alert on Friday and instructed customers to check regularly for updates as the winter storm rolls across the northern part of the U.S.

“Potential delays are possible for package deliveries across the U.S. with a delivery commitment of Friday, December 23 and Saturday, December 24,” the company said. “FedEx is committed to provide service to the best of our ability.”

 A FedEx truck is seen as snow blanked South Lake Tahoe in California, United States on Nov. 8, 2022. (Tayfun Coskun/Anadolu Agency via Getty Images / Getty Images)

TRACK THE STORM WITH FOX WEATHER

FedEx, along with competitor UPS both stress the safety of their employees.

In a service alert, UPS said, “Significant weather events across several regions of the U.S. are impacting the UPS Air and Ground network, including UPS hubs in Louisville, Ky. and Rockford, Ill. As a result, some delivery and pickup services in these areas will be affected.”

“Safely delivering on our commitments is UPS’s most important priority,” UPS spokesperson Jim Mayer told FOX Business. “Our drivers are trained to safely make deliveries, and if we cannot safely deliver to an area, we will resume service as soon as conditions permit.”

Mayer added that UPS has a team of full-time meteorologists who monitor the weather and help create contingency plans as winter storms develop. 

UPS also told customers to check for service alerts for the latest information on service delays.

The United Parcel Service Inc. (UPS) logo is displayed on a truck parked in New York, U.S., on Friday, Oct. 23, 2015.  (Michael Nagle/Bloomberg via Getty Images / Getty Images)

Ticker Security Last Change Change %
UPS UNITED PARCEL SERVICE INC. 175.61 -1.07 -0.61%

The United States Postal Service says it plans for various weather issues throughout the year including efforts to make sure employees have the necessary tools and training to do their jobs safely. 

USPS makes service alerts available to consumers, small businesses and business mailers about postal facility service disruptions due to weather-related and other natural disasters or events.  

Spokesperson Kim Frum told FOX Business the USPS National Preparedness function provides daily weather forecasts and situational information to field leadership, which is used with information from federal, state, and local governments, as well as from suppliers and operators, to maker operational decisions.

HOLIDAY TRAVEL DISRUPTIONS: AIRLINES ISSUE WAIVERS AHEAD OF WINTER STORM

Heavy snow, ice and strong winds are among the conditions expected from Thursday to Saturday in various parts of the country, stretching from the Plains and Midwest all the way to the East Coast. 

On top of that, forecasters expect severe cold during the holiday weekend. 

A FedEx driver makes a delivery in Milford, Pa. as snow fell across the northeast Pennsylvania, northern New Jersey, and southern New York Area.  (Preston Ehrler/SOPA Images/LightRocket via Getty Images)

Ticker Security Last Change Change %
FDX FEDEX CORP. 177.04 +1.37 +0.78%

The severe weather is also taking a toll on airlines as unsafe conditions are leading to thousands of delays and cancelations.

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More than 3,463 flights within, into or out of the U.S. have been delayed as of 11:30 a.m. ET on Friday, according to flight tracking website FlightAware. Over 3,800 flights have been canceled, the data shows. 

On Thursday, more than 10,028 flights in, out of and across the U.S. were delayed and nearly 2,539 were canceled.

FOX Business’s Daniella Genovese contributed to this report.

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