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UPS to implement new global operating model Sept. 1, as executive Kate Gutmann plans retirement
The Apex Times

THE APEX TIMES

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UPS closes a long-dated debt sale and outlines heavier investment into international logistics
The Apex Times

THE APEX TIMES

Business / The Apex Times

UPS closes a long-dated debt sale and outlines heavier investment into international logistics

United Parcel Service says it has finished issuing $325.11 million of floating-rate senior unsecured notes due 2076 and reiterated a plan to spend more than $2 billion through 2028 to expand internationally. The move underscores how carriers are using long maturities to fund capacity and network shifts while staying sensitive to interest-rate conditions.

Aug 26, 12:47 PM EDT