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    by Published on April 22nd, 2014 10:13 PM  Number of Views: 6 
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    April 20th, 2014

    UPS, FedEx owned by most of the same monopoly banks

    Highlights the need for industry-wide organizing, unionizing FedEx workers

    Jacksonville, FL –
    Despite ‘competing’ as the world's two largest parcel delivery and shipping companies, UPS and FedEx are owned by many of the same banks. According to NASDAQ's ownership summary of both companies, 12 of the top 20 owners of UPS and FedEx are the same banks, investment groups and financial institutions.

    Both multi-billion dollar corporations are under 'institutional ownership', which means that a majority of their shares are owned by financial institutions, banks and other large monopoly corporations. According to NASDAQ's ownership summary of UPS on April 11, nearly 71% of UPS shares are owned by institutions. FedEx, a smaller company than UPS, actually had greater institutional ownership, with 83.94% of the company's shares owned by institutions, ...
    by Published on April 22nd, 2014 10:10 PM  Number of Views: 4 
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    April 20th, 2014

    UPS worker, nanny thwart attempted kidnapping of baby in Chelsea

    NEW YORK (PIX11) —
    The NYPD confirms to PIX11 News that a person that resembles the suspect in Thursday’s attempted kidnapping in Chelsea is being questioned.

    The area of 18th Street and 8th Avenue is routinely a safe and quaint area, but on Friday the neighborhood was plastered with signs featuring Tara Ann McDonald. According to the NYPD, the 46-year-old has had prior incidents of kidnappings.

    The NYPD says McDonald’s latest attempt occurred shortly before 4 p.m. Thursday, as she allegedly tried to kidnap an eight-month-old from right in front of a retail store.

    However, a nanny along with a UPS delivery driver, who just happened to be enjoying lunch nearby, protected the child and discouraged McDonald from what the NYPD says was another kidnapping incident involving the 46-year-old.

    continued ...
    by Published on April 22nd, 2014 10:08 PM  Number of Views: 6 
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    April 20th, 2014

    UPS, FedEx Spend Over $3 million on Lobbying in 2014 Q1 - Roll Call (blog)

    Two of the largest courier and shipping services have reported spending more than $3 million on lobbying the federal government during the first quarter.

    Both companies reported spending more than a million a month on lobbying legislation and regulations dealing with fuel taxes, trade, pensions, Department of Defense appropriations, security, healthcare, pharmaceutical distribution, and postal reform.

    The United Parcel Service company reported spending $3,044,992 during the first quarter, up from reporting $1,561,4140 during the fourth quarter of 2013. During the quarter the company also lobbied on the minimum wage issue. During 2013, the company reported spending $5.6 million. A company spokesperson stated there were no new projects or programs in the first quarter, but there were accounting changes and once a year ...
    by Published on April 22nd, 2014 10:06 PM  Number of Views: 13 
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    April 20th, 2014

    7 more things members of the general public don't know about truckers - Overdrive Magazine

    It’s time again to put a little list together for the people who are officially unaffiliated with the industry. This statement alone is a fallacy: trucking is everyone’s business, as I have found myself reminding people time and again. Which brings us to number one on the list of things the Facebook readers, who just happen to also be professional drivers, wanted me to get out to the general public.

    1. When we asked drivers what they wanted known about the industry, Paul Stogdill stated, “That people consume what we deliver.”

    This may seem like a real “duh” to industry alums, but I’ve found the general public absolutely does not make the connection. They have no idea the truck they cut off to make the exit for Walmart is the very truck going to Walmart to deliver the steaks they’re busting a trucker’s
    ...
    by Published on April 21st, 2014 10:33 AM  Number of Views: 8 
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    by Published on April 21st, 2014 07:15 AM  Number of Views: 9 
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    April 20th, 2014

    UPS Freight making move to density-based pricing, chief says

    Holmes said initiative being introduced to "interested" shippers.


    UPS Freight, the less-than-truckload (LTL) unit of UPS Inc., has rolled out a pricing program based on the density of a customer shipment rather than the traditional formula where rates are determined by the characteristics of commodity classes, or "classification."

    Jack Holmes, president of UPS Freight, told the NASSTRAC annual conference in Orlando this week that the new pricing is being introduced to "shippers who are demonstrating interest" in it. He acknowledged that "some people are scared off by it," preferring to stick with the pricing program they know.

    Holmes said that all carriers are looking at migrating to a density-based pricing program. "It's coming, but I can't say when it would be the norm," ...

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