UPS Earnings Per Share Rise 14 Percent on 8 Percent Revenue Growth in 3Q

U.S. Domestic and Supply Chain & Freight Lead the Way; Free Cash Flow Exceeds $3.7 BillionUPS today announced diluted earnings per share of $1.06 for the third quarter of 2011, a 14% improvement over the adjusted $0.93 for the prior-year period. Total revenue increased 8% to $13.2 billion.The results were driven by the U.S. Domestic and Supply Chain & Freight segments. U.S. Domestic operating

Nearly 20 Years After NAFTA, First Mexican Truck Arrives In U.S. Interior

Nearly two decades after the passage of the North American Free Trade Agreement, the first Mexican truck ventured into the U.S. under provisions of the controversial treaty.With little fanfare, a white tractor-trailer with Mexican license plates entered the courtyard of the Atlas Copco facility in Garland, Texas on Saturday afternoon to unload a Mexico-manufactured metal structure for drilling

Hoffa: Mexican Truck Pilot Program Will Be a Repeat Fiasco

Press Conference with U.S. Reps Hunter (R-CA), Filner (D-CA) Shines Light on Safety IssuesTeamsters General President Jim Hoffa said today that the U.S. Department of Transportation's (DOT) cross-border truck pilot program will fail. His remarks came at a news conference at California's busiest border crossing, with U.S. Rep. Bob Filner (D-CA), U.S. Rep. Duncan Hunter (R-CA) and Todd Spencer,

House Leaders Want to Halt HOS Changes

Republican leaders in the U.S. House of Representatives have asked President Obama to withdraw the administration’s proposed changes to the hours-of-service rules for commercial drivers.House Speaker John Boehner (R-Ohio) and Majority Leader Eric Cantor (R-Va.) said in an Oct. 5 letter to Obama that withdrawing the proposed changes is an “opportunity to avoid adding another $1 billion in

TEAMSTERS HAIL DELAY OF MEXICAN TRUCK OPERATING PERMIT

Teamsters General President Jim Hoffa issued the following statement today regarding the U.S. Transportation Department’s delay of the first permit for a Mexican trucking company to start traveling freely throughout the United States. The delay was based on safety concerns raised by the Teamsters Union and its allies.“The U.S. Transportation Department was right in heeding our safety concerns and

OOIDA comments prompt second look at cross-border applicant

In spite of having passed a Pre-Authority Safety Audit by the Federal Motor Carrier SafetyAdministration, the agency has decided to deny Grupo Behr access to the long-haul program in response to issues raised by OOIDA and two other groups.FMCSA announced on Aug. 25 in the Federal Register that Mexico-domiciled motor carrier Grupo Behr had passed its Pre-Authority Safety Audit, or PASA, and

The No. 6 UPS Freight Ford Takes On A New Look

The last time this season the UPS Freight Ford hit the track David Ragan earned his first Sprint Cup pole starting position and went on to earn a seventh-place finish at Texas Motor Speedway. The UPS Freight Ford will take to the track for the second time this season this weekend at Charlotte Motor Speedway, but will take on a whole new design that was chosen by UPS employees. The No. 6 might