UPS hit with SEC fine over its internal valuation of UPS Freight before TFI sale
UPS is paying a steep fine to the SEC for how it valued UPS Freight before it was sold to TFI. The post UPS hit with SEC fine ...
SEC hits UPS with $45M fine for material misstatements
The company overvalued its freight unit, one of its ‘worst-performing’ business segments, prior to the unit’s sale in 2021 ...
Transport Topics11 天
UPS Settles With SEC Over Freight Business Valuation
UPS has reached a $45 million settlement with the Securities and Exchange Commission over claims made by the agency that the ...
UPS will pay $45 million in fines with SEC settlement
The world's largest courier service, UPS, will pay $45 million in fines after settling claims one of its units misrepresented ...
JD Supra6 天
Freight Accounting Fumble Leads to SEC Fine: UPS Penalized for Not Booking Known Impairment ...
The Securities and Exchange Commission (SEC) recently announced that United Parcel Service Inc. (UPS) has agreed to pay a $45 million penalty ...
freightwaves.com4 天
ACT Research forecasts market upswing in 2025
ACT Research forecasts an end of the Great Freight Recession in the for-hire truckload space, but private fleet expansion is ...
UPS to pay $45M penalty for improperly valuing business unit, SEC says
The Securities and Exchange Commission announced settled charges against United Parcel Service Inc. for materially misrepresenting its earnings ...