Archive for March, 2008

UPS Volume Down, Blames UPS Economy

Friday, March 28th, 2008

UPS blames the US Economy - and not its customer service - for a recent downturn in shipping volume. There are now signs that the economy is sliding further, as volumes decrease further and UPS issues another warning that it may miss its earnings goal. Its main competitors - FedEx ...

Update: UPS Pays $254,000 to Fired Whistleblower

Sunday, March 23rd, 2008

Daniel Peterson of Redwood will collect more than a quarter of a million dollars in damages after the company and Peterson reached a settlement in a lawsuit he filed last year. United Package Smashers previously wrote about the incident here. Peterson, a UPS Mechanic, was fired after he put unsafe ...

What Can Brown Do For You? Deliver Your Cocaine!

Saturday, March 22nd, 2008

UPS has been connected to drug crimes alot lately. Just a few days ago we ran a story about how UPS had found some parcels containing pot. Now comes a report that 14-year veteran UPS driver delivered more than just parcels: he also transported the occasional illicit substance. Police say ...

UPS Settles Lawsuit Filed by Whistleblower

Sunday, March 16th, 2008

Documents recently filed show UPS is taking steps to settle a lawsuit filed by a mechanic for the company who complained about unsafe UPS trucks. The mechanic, having found cracked or rusted frames on at least four UPS trucks, removed inspection certifications for those trucks and was fired four days ...

UPS Driver Sues UPS, Wins

Sunday, March 9th, 2008

UPS Driver Paul Warren, 43, of Rockport, Maine filed a lawsuit against UPS after he was diagnosed with epilepsy. He won a jury verdict against the company back in 2007, now the U.S. Court of Appeals for the First Circuit has upheld the riling. The crux of the issue involves ...

UPS, Churchill Downs & NASCAR Launch Joint Promotion

Wednesday, March 5th, 2008

Churchill Downs, United Parcel Service and NASCAR have teamed up to in an effort to promote the 134th running of The Kentucky Derby. The UPS car #44 will feature Derby imagery and will race a week before the Derby. For it's part, Churchill is holding an online sweepstakes called "Off ...

UPS Pulls a Little Enron, Restates Earnings

Monday, March 3rd, 2008

UPS has apparently pulled off a "small" Enron, restating its earnings to a reflect a loss of $2.52 per share, up from $2.46. A seemingly small amount, but over UPS's many millions of shares, it adds up. Shareholders were unhappy about the prospect to say the least, sending the stock ...