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.
The New York State Office of the Attorney General (OAG) sued UPS Monday (Dec. 15), alleging that the package delivery company “repeatedly and persistently” underpaid seasonal workers by requiring them to work off the clock, failing to accurately record all hours worked, and manipulating timekeeping systems to reduce paid hours.
United Parcel Service looks undervalued with a 6.5% dividend yield and a $1.6 billion Andlauer Healthcare buyout, but volume and trade headwinds weigh.
| Air Freight & Logistics Industry | Industrials Sector | Carol B. Tome CEO | XBER Exchange | US9113121068 ISIN |
| US Country | 490,000 Employees | 17 Nov 2025 Last Dividend | - Last Split | 10 Nov 1999 IPO Date |
United Parcel Service, Inc., commonly known as UPS, stands as a pivotal entity in the package delivery industry, offering a broad spectrum of transportation and delivery services. Established in 1907, UPS has grown to position itself as a global leader headquartered in Atlanta, Georgia. The company's operations are segmented into U.S. Domestic Package and International Package, through which it caters to a diverse clientele offering time-definite and day-definite delivery solutions across the United States and around the globe. UPS is not just limited to package delivery but extends its expertise into areas like distribution, logistics, freight forwarding, and insurance, showcasing its commitment to be a comprehensive logistics provider.
UPS's wide array of products and services is tailored to meet the needs of its global customer base, ensuring timely and efficient delivery and logistics solutions.