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  2. UPS to pay $45M to US settle charges that it improperly ... - AOL

    www.aol.com/ups-pay-45m-us-settle-174803508.html

    The SEC order said that in 2019 UPS determined that its freight division was likely to sell for no more than about $650 million. UPS to pay $45M to US settle charges that it improperly valued its ...

  3. Is It Finally Time to Give Up on UPS After the High-Yield ...

    www.aol.com/finance/finally-time-ups-high-yield...

    UPS' margins have taken a hit, so it's understandable that the company wants to improve them. But cutting the reliability that Amazon brings to its revenue stream is a controversial move ...

  4. UPS plunged after saying it would deliver fewer Amazon ... - AOL

    www.aol.com/ups-plunged-saying-itll-deliver...

    The shipping giant said it would cut its business with its largest customer in half by June 2026. UPS's chief financial officer, Brian Dykes, said on the call that Amazon shipments made up about ...

  5. List of corporate collapses and scandals - Wikipedia

    en.wikipedia.org/wiki/List_of_corporate...

    Firestone Tire & Rubber Company, part of the General Motors streetcar conspiracy, labor controversies, Firestone and Ford tire controversy; Forced labour under German rule during World War II, financial enrichment by several major companies; Ford Pinto, fuel tank scandal

  6. Kent C. Nelson - Wikipedia

    en.wikipedia.org/wiki/Kent_C._Nelson

    Kent Charles "Oz" Nelson (August 13, 1937 – April 6, 2023) was an American businessman who was the chairman and chief executive officer of UPS (United Parcel Service), a position he held from November 1989 to December 1996.

  7. United Parcel Service - Wikipedia

    en.wikipedia.org/wiki/United_Parcel_Service

    United Parcel Service, Inc. (UPS) is an American multinational shipping & receiving and supply chain management company founded in 1907. [1] Originally known as the American Messenger Company specializing in telegraphs, UPS has expanded to become a Fortune 500 company [6] and one of the world's largest shipping couriers.

  8. The USPS, UPS SurePost delivery contract is over. Will this ...

    www.aol.com/usps-ups-surepost-delivery-contract...

    U.S. Postal Service (USPS) workers will no longer deliver UPS SurePost packages after the government agency's contract with the parcel service expired this year. The International Brotherhood of ...

  9. 1997 United Parcel Service strike - Wikipedia

    en.wikipedia.org/wiki/1997_United_Parcel_Service...

    The strike effectively shut down United Parcel Service (UPS) operations for 15 days [2] and costs UPS hundreds of millions of dollars. [3] The strike was a victory for the union, resulting in a new contract that increased their wages, secured their existing benefits and gave increased job security .