There are many legendary pairs of business rivals in the world, with both sides of the aisle persistently aiming to steal market share from one another.
Trucking company Yellow claims unsuccessful negotiations with its workers' labor union is forcing it into bankruptcy. United Parcel Service's employees are represented by the same union -- a union tha

UPS Solves The Driver Shortage

09:54am, Thursday, 10'th Aug 2023
The $170,000 deal UPS and the Teamsters struck will be worth it if it lays the groundwork for an ecosystem of innovative, ever-improving parcel delivery capabilities.

Target Will Serve Starbucks At Curbside Pick-Ups

06:45am, Thursday, 10'th Aug 2023
Starbucks has been serving food and drinks in Target stores for several years.
UPS and the Teamsters union reached a tentative agreement late last month, averting a strike.

Transport ETFs in Focus Post Q2 Earnings

01:42pm, Wednesday, 09'th Aug 2023
The second-quarter earnings picture for the transportation sector has also been solid. For a better understanding, let's delve into the results of some well-known industry players.
Shares of logistics giant UPS caught a couple of downgrades after providing mixed earnings and disappointing guidance. Analysts are weighing labor costs and the economy.
Tom Gayner (Trades, Portfolio), the co-CEO of Markel Corp., disclosed his equity portfolio for the second quarter last week.

Top Calls: UPS Misses on 2Q Revenue

05:33pm, Tuesday, 08'th Aug 2023
Jonathan Chappell, Evercore ISI Senior Managing Director for Transportation Equities, joins Romain Bostick and Katie Greifeld to discuss the big movers on the back of analyst recommendations on Bloomb
Searches for “UPS” and “United Parcel Service” spiked in the two weeks following the UPS-Teamsters deal.
United Parcel Service, the world's biggest package delivery company, posted mixed second-quarter results on Tuesday, beating on earnings but falling short on revenues.
United Parcel's (UPS) second-quarter 2023 earnings and revenues decrease year over year.
United Parcel Service Inc. reported Tuesday a second-quarter profit that beat expectations but revenue that missed. The package delivery giant cut its full-year revenue guidance and its outlook for op

UPS-Teamsters deal dents financials

01:41pm, Tuesday, 08'th Aug 2023
UPS, fresh off a tough row with the Teamsters, cut its financial outlook for 2023 after tense labor negotiations impacted costs for the delivery giant, the company disclosed.
United Parcel Service, Inc. (NYSE:UPS ) Q2 2023 Earnings Conference Call August 8, 2023 8:30 AM ET Corporate Participants Ken Cook - Investor Relations Officer Carol Tomé - Chief Executive Officer Br
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