Carol Tomé

UPS mulling possibility of same-day delivery service with contracted drivers — CEO

UPS Inc. (NYSE:UPS) CEO Carol B Tomé said Wednesday that the company is considering the launch of same-day delivery initiatives, and might go outside the UPS driver network to implement them.

Such a service would plug a hole in the Atlanta-based transport and logistics company’s portfolio. UPS has never offered a same-day delivery service. Pilots are underway to test the initiative, Tomé said during UPS’ investor & analyst day. She did not elaborate.

“We don’t have this all the way figured out,...

https://www.freightwaves.com/news/ups-mulling-possibility-of-same-day-delivery-service-ceo

UPS meets solid Q3 results with ‘constructive dissatisfaction’

One of UPS Inc. (NYSE:UPS) founder Jim Casey’s favorite slogans was “constructive dissatisfaction,” the idea that no matter how well the company was doing, it could always do better. That mantra was in full flower Wednesday morning during UPS’ analyst call to discuss its third-quarter results.

The results, as many had forecast, were strong. Adjusted diluted earnings per-share hit $2.28, 42 cents a share above estimates of analysts polled by Barchart. Revenue across UPS’ three main business units...

https://s29755.pcdn.co/news/ups-meets-solid-q3-results-with-constructive-dissatisfaction

M&A radar: Could scantily clad UPS have Pitney Bowes up its sleeve?

In a week where UPS shares rocketed almost 20% to $144 at the end of July, the only clear head in the room* seemed to be the new CEO, Carol Tomé.
Despite the nominally positive Q2 ’20 results, her first as CEO, the new boss said that outside five core principles (values, dividend, IG rating, brand, employees), “everything else is under review”.
And with what is effectively a record cash pile ($8.8bn) in recent …

The post M&A radar: Could scantily clad UPS have Pitney Bowes up its sleeve?...

https://theloadstar.com/ma-radar-could-scantily-clad-ups-have-pitney-bowes-up-its-sleeve/

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