UPS, NY
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United Parcel Service Inc. will invest $120 million in 400 robots used to unload trucks, according to people familiar with the matter, revealing new details on the logistics giant’s $9 billion automation plan that aims to boost profits by decreasing labor costs.
New York Attorney General Letitia James filed a lawsuit against United Parcel Service, alleging the company underpaid thousands of seasonal holiday workers through systematic off-the-clock work, inaccurate timekeeping and wage theft.
In recent days, United Parcel Service (UPS) has moved ahead with layoffs in Wyoming, Michigan under its “Network of the Future” restructuring while its Roadie unit expanded a same-day delivery partnership with online florist Bouqs,
New York Attorney General Letitia James has filed a lawsuit accusing UPS of stealing tens of millions of dollars in pay from seasonal workers who help deliver packages during the busy holiday season.
United Parcel Service Inc. workers can pursue as a class their claims that it illegally refused to pay them for time spent walking between a security checkpoint and a time clock.
Maintain HOLD rating on UPS; prefer to wait for volume recovery before considering a more positive stance.
United Parcel Service (UPS) came out with quarterly earnings of $2.75 per share, beating the Zacks Consensus Estimate of $2.52 per share. This compares to earnings of $2.47 per share a year ago. These figures are adjusted for non-recurring items.
WYOMING, Mich. — Amidst the busiest time of year for the shipping and receiving business, the United Parcel Service (UPS) has announced they're laying off 67 workers at their Wyoming location. The Michigan Department of Labor and Economic Opportunity received notice of the layoffs at the 5757 Clyde Park Ave. location on Nov. 19, 2025.