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The Latest Breaking News from UPS

Stock Index Futures Tread Water as Investors Await Tesla and Alphabet Earnings

September S&P 500 E-Mini futures (ESU24) are up +0.02%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.11% this morning as investor attention shifted from U.S. politics to a deluge of corporate earnings reports, with particular emphasis on results from “Magnificent Seven” companies Tesla and Alphabet.

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Stock Index Futures Tread Water as Investors Await Key Tech Earnings

September S&P 500 E-Mini futures (ESU24) are down -0.03%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.19% this morning as investor attention shifted from U.S. politics to a deluge of corporate earnings reports, with particular emphasis on results from “Magnificent Seven” companies Tesla and Alphabet.

Barchart

UPS Warns Of Possible Service Delays Due To IT Outage

UPS faces global IT outage causing potential service delays. Despite challenges, UPS remains committed to efficient package delivery worldwide.

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Teamsters social media attacks leader over Republican convention speech

Deleted post said, ‘unions gain nothing from endorsing the racist, misogynistic, and anti-trans politics of the far right’

The Guardian - US

Teamsters Boss Sean O'Brien Put Political Spectacle Ahead of His Job

The high-profile fight with UPS didn't improve working conditions as much as O'Brien promised.

Reason

FedEx and UPS phishing scams are becoming more widespread - here's what to know

New scams are very difficult to detect, since the spelling and grammar is essentially flawless, experts warn.

TechRadar

NGO Denounces Rising Air Freight Pollution

An environmental pressure group denounced Wednesday the rising emissions of the air freight industry, which has been boosted by global supply chain difficulties and rising online commerce.

International Business Times

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Air freight greenhouse gas emissions up 25% since 2019, analysis finds

Boom in air cargo due to shoppers’ expectations of speedy delivery and shift in post-pandemic economy, researchers say

The Guardian - UK

UPS To Sell Coyote Logistics Division For UPS To Sell Coyote Logistics Division For Top News Billion Billion

UPS sells Coyote Logistics to RXO for UPS To Sell Coyote Logistics Division For Top News Billion billion to refocus on core operations, impacting the freight-brokerage industry.

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Brickbat: Civilian Collateral

Four Miami-Dade police officers each face up to 30 years in prison after being indicted for manslaughter in the deaths of a kidnapped UPS driver and a bystander in a shootout at a busy intersection. The incident began when Lamar Alexander and Ronnie Jerome Hill robbed a jewelry store and…

Reason

Is FedEx Corporation Stock Underperforming the S&P 500?

Despite recently underperforming the broader S&P 500 Index, Wall Street analysts remain cautiously optimistic about FedEx’s outlook.

Barchart

Walmart is becoming the new Amazon as customers make smaller, but frequent purchases: 'That’s a trend that's not going to reverse,' CFO says

CFO John David Rainey said Wednesday that Walmart+ customers, on average, spend twice as much on online orders as the retailer’s other shoppers.

Fortune

Four Florida Police Officers Indicted For Manslaughter In Shootout

Four Florida police officers indicted for manslaughter in connection with 2019 shootout deaths. Officers face up to 30 years if convicted. Rare charges aga...

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4 Florida officers indicted for 2019 shootout with robbers that killed a UPS driver and passerby

Four Florida police officers have been indicted for manslaughter in connection with a 2019 shootout on a busy rush-hour street that left a hijacked UPS driver and a passerby in a nearby car dead

The Independent UK

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United Parcel Service Stock: Is UPS Underperforming the Industrial Sector?

Although United Parcel has been trailing behind the industrial sector over the past year, analysts remain cautiously optimistic about the stock's prospects, given its expanding market and positive outlook for the remainder of 2024.

The Independent UK

Union: 4 Florida police officers indicted for 2019 shootout that left UPS driver and passerby dead

A Florida police union says four of its officers have been indicted for a 2019 shootout on a busy street that left a UPS driver, the two robbers who hijacked him and a nearby driver dead

Latin Times

Families of Uvalde survivors sue UPS and FedEx for shipping weapons used in school shooting

The lawsuit alleges that the companies are responsible for violating state and federal law, as well as their own safety standards

Bored Panda

50 Times UPS Drivers Captured The Cutest Dogs They Met On The Job (Best Of All Time)

There aren’t many things that can beat an impromptu meeting with a friendly, tail-wagging dog. These UPS drivers think so too. The post 50 Times UPS Drivers Captured The Cutest Dogs They Met On The Job (Best Of All Time) first appeared on Bored Panda.

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Fortune

AI isn’t coming for your job—at least not yet

So far, the technology has replaced only a small number of workers. But the future risks many more.

The Independent UK

UPS driver gunned down while parked along an Orange County street as police take suspect into custody

A man has been arrested after a standoff with a SWAT team following a shooting that occured earlier that day

The Guardian - UK

UPS won’t accept return of £899 product it delivered

I needed to send back a projector, but the parcel firm threatened to destroy it because it said the battery made it dangerous

Bored Panda

Netizen Inquired, “Who Really [Messed] Up Their ’One Job?’“, And 30 People Came Through

Netizens discuss the most famous occasions of someone overestimating their ability so much that they messed up that one job they were tasked to do. The post Netizen Inquired, “Who Really [Messed] Up Their ’One Job?’“, And 30 People Came Through first appeared on Bored Panda.

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UPS, Fedex Electric Van Transition Hindered By Battery Shortages

UPS and FedEx face challenges in transitioning to electric vans due to battery shortages. Despite setbacks, both companies are committed to sustainability ...

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Norfolk Southern CEO Defends Strategy Amid Investor Disagreement

Norfolk Southern's Q1 earnings report reveals profit decline and strategic debate over CEO Shaw's leadership.

Barchart

Stock Index Futures Inch Higher Ahead of U.S. PMI Data, Tesla Earnings on Tap

June S&P 500 E-Mini futures (ESM24) are up +0.32%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.34% this morning as investors awaited U.S. business activity data while also bracing for a deluge of corporate earnings reports.

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