UPS to pay $8.4 million to resolve U.S. overcharging probe

Canada News News

UPS to pay $8.4 million to resolve U.S. overcharging probe
Canada Latest News,Canada Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

The U.S. Justice Department said United Parcel Service Inc has agreed to pay the...

FILE PHOTO: The logo of United Parcel Service is seen at the new package sorting and delivery UPS hub in Corbeil-Essonnes and Evry, southern Paris, France, June 26, 2018. REUTERS/Charles Platiau/File Photo

WASHINGTON - The U.S. Justice Department said United Parcel Service Inc has agreed to pay the United States $8.4 million to resolve allegations it overcharged federal agencies for package delivery services. The settlement resolves allegations that from 2007 to 2014, UPS failed to follow its U.S. contract that required UPS to provide agencies with certain lower prices offered to another customer, resulting in the government paying more than it should have for package deliveries, the government said.

The Justice Department said there has been no determination of liability in the settlement that covers ground delivery service.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Peloton’s $8 Billion IPO Would Have To Double In Debut To Make Cofounder John Foley A BillionairePeloton’s $8 Billion IPO Would Have To Double In Debut To Make Cofounder John Foley A BillionaireFitness technology company Peloton could double its valuation if its IPO goes well—but its cofounders won't be joining the billionaire ranks just yet by bizcarson
Read more »

Participant Re-Ups CEO David Linde In Multiyear DealParticipant Re-Ups CEO David Linde In Multiyear DealParticipant said Thursday that is has extended David Linde’s contract as chief executive officer, inking a multi-year deal. Linde joined the company in 2015 and has overseen a film slate that has w…
Read more »

Levity Live Ups Francesco Pace To SVP Production, Adds Two Development VPsLevity Live Ups Francesco Pace To SVP Production, Adds Two Development VPsLevity Live, which owns production houses including Triage Entertainment and Lando Entertainment, has promoted Francesco Pace to SVP Production and added Hayden Boal and Ben Wood as VPs Development…
Read more »

CNN Films Ups Courtney Sexton To SVPCNN Films Ups Courtney Sexton To SVPCourtney Sexton has been promoted to SVP of CNN Films. In her new role, Sexton will work day-to-day with filmmakers to supervise the production of documentary films for theatrical exhibition and di…
Read more »

WeWork's pre-IPO troubles serve as reality check for start-ups as 'growth at any cost' diesWeWork's pre-IPO troubles serve as reality check for start-ups as 'growth at any cost' diesWeWork's tumultuous IPO process has been a wake-up call for some investors.
Read more »

Doing 5 Pull-Ups Is My Goal, and This Is the Basic Move My CrossFit Coach Said to DoDoing 5 Pull-Ups Is My Goal, and This Is the Basic Move My CrossFit Coach Said to DoDoing one pull-up was my goal when I first started CrossFit over three years ago, but now I have my sights set higher. Now my goal is to be able to do five
Read more »



Render Time: 2025-04-02 12:41:15