UPS has begun sending letters to about 105,000 package van drivers offering them voluntary severance packages worth $150,000, to resign, the company confirmed on Wednesday. A federal judge last week cleared the freight transportation giant to move ahead with buyout offers over objections from the Teamsters union. UPS (NYSE: UPS) has decided to reduce headcount by 30,000 this year as part of a network consolidation plan aimed at reducing costs and improving efficiency amid declining parcel volumes. During ...

Core Insights - United Parcel Service (UPS) is proceeding with $150,000 buyout offers for certain drivers after a federal judge dismissed the International Brotherhood of Teamsters' attempt to block workforce reductions [1][4][9] - UPS plans to eliminate up to 30,000 operational jobs and close multiple facilities by 2026 as part of its restructuring efforts to reduce reliance on Amazon deliveries and focus on more profitable business areas [2][4][9] - UPS has agreed to cut its shipment volume with Amazon by over 50% by June 2026, as Amazon is not considered its most profitable customer [3][4] Company Actions - UPS intends to provide additional details regarding the buyout packages to drivers in the coming days following the court ruling [4] - The company is responding to an 8.6% decline in package volumes last year, which is expected to continue into 2026 due to the shift away from low-margin Amazon shipments [4][9] Competitive Landscape - FedEx is also implementing cost-cutting measures, including its Network 2.0 initiative, to address soft demand and improve operations [5] - FedEx's DRIVE program has generated $1.8 billion in permanent savings in fiscal 2024 and an additional $2.2 billion in fiscal 2025, with expectations of achieving $1 billion in savings for fiscal 2026 [6] Market Performance - UPS shares have increased by over 31% in the past six months, although the company has underperformed compared to its industry during the same period [7] - UPS currently trades at a discount to industrial levels based on the 12-month forward price-to-sales ratio [11] Earnings Estimates - The Zacks Consensus Estimate for UPS has been revised downwards for the first quarter, second quarter, and full years 2026 and 2027 over the past 60 days [12]

It looks like United Parcel Service ( UPS ) recently survived a dividend scare. Before its recent earnings report on January 27, I'm sure many people were concerned that a dividend cut would come because the dividendI prefer to look for GARP (growth at a reasonable price) stocks but also look for opportunities everywhere else. I don't have a specified time horizon. I invest in a stock for as long as my thesis holds true, and I get out when the facts change. In addition, I've developed market-beating algorit ...

A federal judge has given UPS the go-ahead to roll out its second driver buyout program in two years upon dismissing a request from the Teamsters to block its implementation. Chief district judge Denise James said in a 12-page order that the labor dispute favors arbitration rather than an injunction of the voluntary separation program, and did not meet the legal standard required for the court to stop the plan from being implemented. More from Sourcing Journal “The union has failed to demonstrate that t ...

Now you can get access to the latest and highest-quality analysis of recent Wall Street buying and selling ideas with just one subscription to Beyond the Wall Investing ! There is a free trial and a special discount of 10% for you. Join us today!I called United Parcel Service, Inc. ( UPS ) stock a "Buy" in early September, and then confirmed the bullish outlook in mid-November. Since then, the stock has gained over 35%, and in terms ofDaniel Sereda is chief investment analyst at a family office whose invest ...

Core Viewpoint - United Parcel Service, Inc. (UPS) stock has been rated as a "Buy" with a bullish outlook, resulting in a stock price increase of over 35% since early September [1]. Group 1: Stock Performance - UPS stock gained over 35% since the bullish outlook was confirmed in mid-November [1]. Group 2: Analyst Background - Daniel Sereda is the chief investment analyst at a family office, providing insights and analysis on diverse asset classes and investments [1].

UPS now appears to have a complete package for income investors.United Parcel Service (UPS +0.94%) delivers around 20.8 million packages every day. But it hasn't been delivering for investors in recent years. Despite a bounce that began a few months ago, UPS' share price remains down roughly 37% since early 2023.Some might view UPS as the kind of stock to not touch with a 10-foot pole. Not me. Here's why I just loaded up on this 5.7%-yielding dividend stock. 1. The comeback is commencingI've been expecting ...

BMO资本市场分析师法迪·沙蒙今日将联合包裹股票评级下调至"与大盘持平"，目标价96美元。"需求复 苏仍难以实现，尤其是在重要的B2B领域。美国贸易政策的转变，包括取消小额豁免，进一步加剧了宏 观挑战。"与此同时，联合包裹的降本努力进展慢于预期。 责任编辑：张俊 SF065 BMO资本市场分析师法迪·沙蒙今日将联合包裹股票评级下调至"与大盘持平"，目标价96美元。"需求复 苏仍难以实现，尤其是在重要的B2B领域。美国贸易政策的转变，包括取消小额豁免，进一步加剧了宏 观挑战。"与此同时，联合包裹的降本努力进展慢于预期。 责任编辑：张俊 SF065 ...

Core Viewpoint - The International Brotherhood of Teamsters is seeking to block UPS from offering $150,000 buyouts to drivers, fearing that over 10,000 drivers may accept these offers, which the union argues violate their labor contract [1][2]. Group 1: Buyout Program Details - UPS plans to extend buyout offers to 105,000 employees as part of a workforce reduction strategy [1]. - The union claims that the buyout plan was initiated without negotiations, violating the 2023 labor contract [1][2]. - UPS previously launched a buyout program that offered $1,800 per year of service, with a $10,000 minimum, but only 3,000 drivers opted in [1]. Group 2: Union's Position - The union estimates that tens of thousands of drivers will be tempted to apply for the new buyout offers, hoping to receive the $150,000 payout [1]. - The union's attorney argues that accepting the buyouts could lead to chaotic situations if later deemed improper by an arbitrator [1]. Group 3: UPS's Defense - UPS's counsel contends that the labor contract does not prohibit offering buyouts and that layoffs would be the alternative, which the contract allows [1]. - UPS is addressing an 8.6% decline in package deliveries, which is expected to continue into 2026, and is seeking to provide an opportunity for employees to leave voluntarily [1].

United Parcel Service (UPS) is planning to close dozens of packaging facilities this year, the shipping giant revealed in a court filing this week. ...