UPS Agrees To Acquire MNX Global Logistics For Undisclosed Terms

RTTNews | 470天前
UPS Agrees To Acquire MNX Global Logistics For Undisclosed Terms

(RTTNews) - 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.

The acquisition will bring even more precision and capability to UPS customers in healthcare and related industries who rely upon time-sensitive, often life-impacting logistics solutions.

MNX's capabilities in radio-pharmaceuticals and temperature-controlled logistics will help UPS Healthcare and its clinical trial logistics subsidiary Marken meet the growing demand for these services in the healthcare industry.

Together with UPS Express Critical, the company will offer industry-leading global service to customers in need of time-critical, temperature-sensitive logistics.

The transaction is expected to close by the end of the year, subject to customary regulatory review and approval.

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

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

UPS (UPS) said Tuesday it plans to hire more than 100,000 seasonal employees to serve the 2023 holiday rush. This will position UPS again to deliver the reliable service that customers depend on year-round, especially during the important holiday shopping season.
RTTNews | 472天前
UPS' Contract Negotiations With Teamsters Union Collapse

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 | 555天前
UPS Intends To Hire At Least 60K For Holiday Season In One Weekend

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 | 801天前
Boeing Confirms Receipt Of Order For Eight More 767 Freighters From UPS

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 | 865天前
TSX Ends Notably Lower As Stocks Drop On Interest Rate Concerns

TSX Ends Notably Lower As Stocks Drop On Interest Rate Concerns

The Canadian market closed notably lower on Friday, hurt by rising bond yields, and fading optimism about interest rate cuts by the Federal Reserve after data showed stronger-than-expected growth in U.S. non-farm payroll employment. Canadian employment data too came in stronger than expected, reducing prospects of any significant monetary easing by the Bank of Canada.
RTTNews | 9小時57分鐘前
Dollar Climbs Higher After Buoyant Jobs Data

Dollar Climbs Higher After Buoyant Jobs Data

The U.S. dollar firmed against its major counterparts on Friday amid fading hopes of further reductions in interest rates after data from the Labor Department showed stronger-than-expected growth in non-farm payroll employment in the month of December.
RTTNews | 10小時27分鐘前
Swiss Market Ends Notably Lower

Swiss Market Ends Notably Lower

The Switzerland market settled notably lower on Friday, in line with markets across Europe, as upbeat U.S. jobs data raised concerns that the Federal Reserve will likely hold interest rates unchanged from current levels, or go slow on interest rate cuts this year. Data showing an increase in Swiss unemployment weighed as well.
RTTNews | 13小時51分鐘前