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UPS has received FAA approval for long-distance drone flights
The FAA have authorised UPS to be able to operate drones beyond the visual line of sight (BVLOS). This will allow the drones to make small package deliveries and will potentially further advance this technology. This choice ...
UPS expands fleet of Boeing 767s to over 100 with new order
UPS has ordered eight more Boeing 767 Freighters, adding to its existing fleet of 100. The company will begin taking delivery of the new jets in 2025. This follows a purchase of 19 jets at the end of last year, in response t...
UPS launches pilot of system for fewer delivery stops
UPS is looking to improve its delivery density—that is, the number of parcels delivered in one trip—through a new pilot programme involving its order management system. The new system involves a “virtual ho...
UPS cuts Amazon volume as part of “better, not bigger” policy
UPS reported better-than-expected profits in its quarterly earnings report, even though volume in its domestic unit was down 4%. The drop was partially due to a maximum volume agreement with Amazon, as part of UPS’ &ld...
UPS' "better, not bigger" approach pays off in quarterly results
UPS’ fourth-quarter results for 2021 showed a year-on-year increase of 11.5% in consolidated revenue, despite delivering fewer parcels. The company also reported an increase in consolidated operating profits of 37.7% o...
Multinationals push to regionalise operations after supply chain crisis
Pandemic pressures have prompted a major rethink of supply chain structure, according to Scott Price, president of UPS International. With continuing strains on long-distance routes due to fluctuating consumer demand, and di...