UPS Plans To Hire Over 100K Seasonal Workers For 2023 Holiday Season

UPS Agrees To Acquire MNX Global Logistics For Undisclosed Terms

UPS (UPS) announced Thursday that it has entered into an agreement to acquire MNX Global Logistics (MNX), a global time-critical logistics provider. The value and terms of the transaction are not being disclosed at this time.

RTTNews | 692 days ago

UPS' Contract Negotiations With Teamsters Union Collapse

The marathon negotiations between United Parcel Service and the union representing its employees over a new contract have collapsed after failing to agree on the terms. The parties have been on the bargaining table ahead of the expiration of the current UPS Teamsters contract, covering more than 340,000 full and part-time workers, on July 31.

RTTNews | 776 days ago

UPS Intends To Hire At Least 60K For Holiday Season In One Weekend

UPS (UPS) said Tuesday it plans to hire at least 60,000 of the 100,000+ seasonal employees it needs for the holiday season in one weekend. UPS Brown Friday begins Nov. 4, with more than 450 in-person and virtual events scheduled across the country.

RTTNews | 1023 days ago

Boeing Confirms Receipt Of Order For Eight More 767 Freighters From UPS

Aircraft maker Boeing Co. (BA) announced Monday an order from package delivery company United Parcel Service, Inc. (UPS) for eight more 767 Freighters. The incremental order will increase UPS's 767 Freighter fleet to 108 airplanes, enabling the global carrier to further modernize and sustainably grow its fleet.

RTTNews | 1086 days ago

UK Inflation Hits 18-Month High

UK consumer price inflation accelerated to an 18-month high in July on airfares and food prices, suggesting that the Bank of England is likely to delay further easing. The consumer price index posted an annual growth of 3.8 percent after rising 3.6 percent in June, the Office for National Statistics reported Wednesday.

RTTNews | 15 minutes ago

Asian Shares Mixed As Tech Stocks Track Declines In US Peers

Asian stocks ended mixed on Wednesday as investors locked in profits in tech stocks amid concerns over valuations and reports of potential U.S. government equity stakes in major chipmakers.

RTTNews | 26 minutes ago

Australian Dollar Falls Amid RBA Rate Cut Speculation

The Australian dollar weakened against other major currencies in the Asian session on Wednesday, as traders expect two or more rate cuts if inflation continues to decline as anticipated. Earlier this month, the Reserve Bank of Australia (RBA) lowered its cash rate to 3.60 percent from 3.85 percent, as widely expected.

RTTNews | 1h 4min ago

New Zealand Hints At More Interest Rate Cuts

The Reserve Bank of New Zealand reduced its key interest rate by 25 basis points to a three-year low and hinted at further easing on Wednesday. The Monetary Policy Committee, governed by Christian Hawkesby, voted to lower the Official Cash Rate to 3 percent from 3.25 percent. The bank has reduced the rate by 250 basis points since August 2024.

RTTNews | 1h 19min ago

EURUSD	1.16378	GBPUSD	1.35024	AUDUSD	0.64351
USDJPY	147.543	USDCAD	1.38777	USDCHF	0.808