UPS Inc. is suing the European Union for 1.7 billion euros ($2.1 billion) in compensation for damage it claims to have suffered when regulators wrongly vetoed its attempted takeover of parcel delivery rival TNT Express NV.
February 26, 2018BusinessTechnologyFuel
UPS to Add Zero-Emissions Delivery Trucks
UPS Inc. announced it will deploy 50 newly designed plug-in electric delivery trucks by the end of the year. The vehicles are comparable in acquisition cost to its conventional-fueled package delivery trucks without the use of subsidies — a development it calls an industry first and one that breaks a key barrier to large-scale fleet adoption.
February 22, 2018Business
UPS Expands Cross-Border U.S.-Mexico Service With El Paso Facility
UPS Inc. began development of a $41 million facility in El Paso, Texas, to expand its work in the cross-border market along the Ciudad Juarez, Chihuahua, Mexico corridor. The 153,000-square-foot facility has been added to UPS Smart Global Logistics Network and will serve producers in the automotive, electronics, appliances and machinery industries. The facility is scheduled to begin operations this fall.
February 12, 2018Analysis: Amazon’s Delivery Dream Is a Nightmare for FedEx and UPS
Amazon’s ambition has been in plain sight for years. The company has built its own network of merchandise warehouses and package sorting centers. It enlisted its own airplanes and truck trailers to transport cargo. It registered to move freight across oceans, and in dozens of cities it tapped couriers to deliver packages directly to shoppers’ doors.
February 9, 2018GovernmentBusinessLogistics
UPS Gets $2.4 Million in Incentives for $41 Million Expansion Project in Texas
UPS Inc. wants to build a $41 million expansion to its El Paso, Texas, facility, and it plans to do so with more than $2 million in incentives from the city and the county.
February 7, 2018BusinessEquipmentLogisticsTCA
UPS Orders 14 More Boeing 747s
The famed Boeing Co. 747 airplane now has a slightly longer lease on life — at least in the cargo transport industry.
February 5, 2018BusinessLogistics
Analysis: UPS Makes Shareholders Wait to Celebrate
UPS Inc. is doing right by President Donald Trump’s standards, but that’s hardly what shareholders want to see right now.
February 1, 2018BusinessLogistics
UPS Ends 2017 With Strong Results
UPS Inc. reported robust fourth-quarter earnings, even after adjustments tied to pension contributions and the Tax Cuts and Jobs Act, led by double-digit growth in the freight and third-party logistics businesses and a strong holiday season.
February 1, 2018BusinessLogisticsTCA
E-Commerce Fuels Cargo Surge at Chicago Rockford International Airport
More than 1.3 billion pounds of cargo made its way through Chicago Rockford International Airport last year, a nearly 50% increase over 2016.
January 22, 2018BusinessTechnologyLogistics
Solving the ‘Final 50 Feet’ Delivery Challenge
WASHINGTON — Researchers are joining major retailers, logistics firms, city transportation offices and others in the freight industry to reconsider last-mile delivery systems, even reviewing the way they get packages the “final 50 feet” in congested urban downtowns.
January 10, 2018