United Parcel Service, Inc. (NYSE:UPS) reported on Tuesday that it anticipates to hire among 90,000 – 95,000 seasonal employees to hold the expected holiday increase in package deliveries that will start in October as well as continue through January 2015. The firm reported that it is gearing up for rose holiday delivery volume in 2014 because it prepares to play a essential role in assisting retailers take advantage of the holiday gift-giving season. The firm as well reported that daily processing ability will surge with the opening of new and enlarged buildings, in addition installation of temporary mobile sorting furthermore delivery centers. UPS is adding thousands of novel or leased delivery vehicles, trailers, aircraft as well as portable loading aids to flex capacity in the UPS network.
On the other side, Hertz Global Holdings, Inc. (NYSE:HTZ) edged down in premarket trading on Tuesday after it declared a definitive contract with Carl Icahn as well as affiliated entities under which Vincent Intrieri, Samuel Merksamer as well as Daniel Ninivaggi have been hired to the Hertz Board as Class II, Class I and Class I directors, correspondingly. The Naples, Florida-based firm declared in a statement that Icahn decided not to seek board representation and to vote in favor of firm nominees for election at Hertz’s 2015 annual meeting. As division of the settlement, the threshold for triggering the firm’s shareholder-rights plan was lifted to 20% from 10%. Icahn and associates hold lower than 9%.
Dicks Sporting Goods Inc (NYSE:DKS) reported on Tuesday that Joseph Schmidt has clued-up on September 10 of his aim to retire as president and chief operating officer of the omni-channel sporting goods retailer, a position he has held since 2009. The firm as well relapsed other executive changes. In addition, John Duken has informed the firm of his plan to leave, effective as of the end of November 2014.