UPS Pledges $1.5 Million In Aid To Storm Recovery Efforts
UPS (NYSE:UPS) today announced it has pledged $1.5 million in cash and in-kind support to aid in the recovery efforts following the devastation caused by Superstorm Sandy that struck the northeast corridor of the U.S. earlier this week.
In addition, all UPS package, freight and logistics operations have been restored and UPS employees throughout the region are working diligently to provide service to the affected areas, although many businesses remain closed and some locations are inaccessible. Even so, some UPS drivers are attempting deliveries wherever safety allows, much to the delight of their customers, some of whom have posted videos on social media channels.
“The determination and caring spirit of UPSers has never been more evident,” said Scott Davis, UPS chairman and CEO. “The UPS team has answered the call and everyone involved is going above and beyond to bring relief and hope to those impacted by the storm.”
UPS’s financial and in-kind contribution is comprised of a $250,000 grant to the American Red Cross to help with the sheltering needs of the victims of Sandy, $250,000 in logistical aid for urgent response and an additional $1 million in cash and in-kind support to a variety of relief organizations throughout 2013 to assist in the long-term recovery of communities affected by the storm.
UPS has been in daily contact with Red Cross staff since Sandy began to sweep across the northeast to assess the areas in most need of assistance and establish a schedule for the delivery of urgent shelter support and relief supplies. UPS also has been working with the Red Cross to strengthen its supply chain network in the affected zones. Next week, UPS will deliver 14 truckloads of relief supplies into some of the most heavily impacted areas in New York and New Jersey. As a leading member of the American Red Cross’s Annual Disaster Giving Program, earlier this year UPS contributed $800,000 in support to help enable the organization to respond to the nearly 70,000 disasters that occur throughout the year. Before the 2012 hurricane season began, UPS already pre-positioned Red Cross shelter support trailers, which the Red Cross began mobilizing immediately after Sandy passed through the region.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
