The world’s largest delivery company knows how to deliver. In its most recent fiscal year, profits leaped to $4.9 billion, increasing 43% over the year prior. As online shopping continues to boom, so do UPS orders. Couriering packages to people’s homes accounts for a growing portion of the company’s business. The category offers thinner margins compared to bulk business-to-business shipments, but the company has managed to stay ahead by overhauling operations with automation and other supply chain improvements. Plus: If President Trump pressures the Postal Service to renegotiate its rates with Amazon, as he has indicated a desire to do, UPS could gain the leeway to boost its own pricing.
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Each fleet can have up to 40 vehicles and workers will need to wear Amazon-branded uniforms.
A 1997 strike was devastating. But a lot has changed.
The strike, which would be the first at UPS since 1997, could begin after the contract expires at the end of July.