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  • World of News

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    Press Releases

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    02.08.10

    UPS Starts Pilot Furlough Process

    UPS (NYSE:UPS) today announced plans to furlough at least 300 of its airline pilots, but at the same time continued its effort to find a solution with the pilots' union that would avert or mitigate the layoffs before they take effect. UPS employs about 2,800 pilots.

    02.04.10

    UPS Board Raises Dividend to $0.47

    The UPS (NYSE:UPS) Board of Directors today increased the regular quarterly dividend to $0.47 per share from $0.45 on all outstanding Class A and Class B shares. The dividend is payable March 3, 2010, to shareholders of record on Feb. 16, 2010.

    02.04.10

    UPS Applauds Renewed Focus on U.S. Exports, Job Creation

    The new National Export Initiative (NEI), announced here by U.S. Commerce Secretary Gary Locke, today was lauded by UPS's top executive as "a forceful step on the path to strengthening our economy and creating jobs."

    02.02.10

    International Improvement Drives UPS 4th Quarter

    Company Generates 2009 Free Cash Flow of $4.1 Billion; 2010 EPS Expected to Increase 17% to 32%

    UPS (NYSE: UPS) today announced diluted earnings per share of $0.75 for the fourth quarter of 2009, above the company's original guidance of $0.58 to 0.65 per share, due in large measure to strong performance by its international segment. That segment saw volume growth, a substantial gain in operating profit and improvement to a 16.7% operating margin.

    UPS Leadership

    Kurt Kuehn, chief financial officer, participated in a keynote panel discussion at the 7th annual MIT Sloan CFO Summit in Boston. Kuehn discussed how UPS is managing its business amidst economic uncertainty, and how he's using his role of CFO to be a catalyst for change. Learn More »

    Recently Added

    Why the Railway Labor Act Must Be Amended

    UPS supports the equal application of labor laws to employees who perform the same tasks and job functions at different companies. Learn More »