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UPS10-Q: Restructuring

Network reconfiguration initiative led to building closures and $33M in accelerated depreciation.

What happened

UPS's 'Network Reconfiguration and Efficiency Reimagined' initiative involves closing facilities, which has shortened asset useful lives and accelerated depreciation costs.

Source

SEC EDGARMay 6, 2026

Quarterly report (Form 10-Q)

UPS 10-Q

Filing excerpt

Depreciation expense increased $33 million due to capital asset additions and building closures from our Network Reconfiguration and Efficiency Reimagined initiative which shortened useful lives and accelerated depreciation.

sec.gov/Archives/edgar/data/1090727/000162828026031154/ups-20260331.htmRead the full source

Other signals in this filing (11)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Restructuring

What this signalsFilings often name leadership changes, deals and spending plans.

Fiscal year end
03/31
Filed
May 6, 2026

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The full record

From the Signal API record

Numbers

Dollar figure
$33M (Increase in depreciation expense due to building closures from network reconfiguration)

Details

CIK
1090727
Accession number
0001628280-26-031154
Timeframe
Current quarter
Filing year
2026
Fiscal year
0
Why it matters
Change management needs
Signal category
Workforce

Extraction

Confidence
High
Relevance
80%
Sentiment
Negative
Detected
May 12, 2026
signal_type
sec-10q
signal_subtype
restructuring

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The API returns more than this page shows

This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/73fa35da-00db-4f16-a485-e8138fa383cd returns this record as JSON. POST /v1/companies/enrich returns every signal for ups.com.

{
  "signal_id": "73fa35da-00db-4f16-a485-e8138fa383cd",
  "signal_type": "sec-10q",
  "signal_subtype": "restructuring",
  "detected_at": "2026-05-12T09:24:58.01+00:00",
  "company": {
    "name": "UPS",
    "domain": "ups.com"
  },
  "data": {
    "detail": "UPS's 'Network Reconfiguration and Efficiency Reimagined' initiative involves closing facilities, which has shortened asset useful lives and accelerated depreciation costs. This restructuring creates opportunities for vendors in real estate services, asset disposition, and logistics planning for the new network layout.",
    "metrics": {
      "timeframe": "current_quarter",
      "dollar_context": "Increase in depreciation expense due to building closures from network reconfiguration",
      "dollar_millions": 33
    },
    "summary": "Network reconfiguration initiative led to building closures and $33M in accelerated depreciation.",
    "excerpts": "Depreciation expense increased $33 million due to capital asset additions and building closures from our Network Reconfiguration and Efficiency Reimagined initiative which shortened useful lives and accelerated depreciation.",
    "relevance": 0.8,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1090727/000162828026031154/ups-20260331.htm",
    "filing_date": "2026-05-06",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "03/31",
    "sales_relevance": "Change management needs",
    "signal_category": "workforce"
  }
}

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