All UPS articles – Page 7
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NewsForwarders up their digital offering but there's more work to be done
The leading freight forwarders are making progress in improving their digital services, but there is still more work to be done if the industry wants to capitalise on the opportunity.The fourth annual Freightos Mystery Shopper Survey revealed that 11 of the top 20 freight forwarders now provide a dedicated request ...
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FedEx continues to focus on airfreight capacity as Q2 results under pressure
FedEx will continue to examine further air cargo capacity retirements following a decline in its fiscal second quarter operating performance on the back of a weaker global economy and the loss of Amazon business.The express giant saw its revenues for the quarter ended November 30 drop by 2.8% year on ...
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UPS expands urgent shipment services
UPS has expanded its time- and day-definite delivery services to new locations in 40 countries, including five new countries, as demand for urgent shipments continues to ramp up.The delivery giant said its express services are now available across 140 countries and territories, reaching the top 20 countries by GDP with ...
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UPS announces new president HCLS unit
UPS has announced its new president of global helathcare and life sciences (HCLS) unit: Wes Wheeler.Wheeler's appointment follows UPS's announcement in October, which revealed that the company would align all of its HCLS operations and commercial groups into a single unit.The new unit includes Marken, Polar Speed and UPS's 114 ...
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NewsUPS upgrades Asia Pacific services
UPS is promising faster, guaranteed delivery times and wider coverage in the Asia Pacific region with a series of service improvements that will benefit up to 1.4 million postal codes across 41 countries and territories.“Most businesses shipping within Asia will now have their shipments delivered in as little as two ...
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UPS utilises blockchain for beef shipment project
Express firm UPS has teamed up with US-based agri-tech solutions provider HerdX to utilise blockchain to track and trace a shipment of beef being flown from the US to Japan.UPS and HerdX collaborated to develop a track and trace technology that utilises blockchain to improve "quality assurance for beef products ...
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UPS Flight Forward executes first ever revenue-generating drone deliveries
UPS Flight Forward, a subsidiary of UPS, has announced the successful completion revenue-generating drone deliveries, which transported prescribed medicines from a pharmacy directly to two customers' homes.UPS Flight Forward partnered with CVS Pharmacy to carry out the pioneering deliveries.Both flights took place on November 1, using the M2 drone by ...
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UPS upgrades pharma networks in the US and Europe
UPS has announced major upgrades to its healthcare-dedicated warehouse and distribution network in the US and Europe.They include adding 1.3m sq ft of total distribution space in key US markets and receiving the European Union’s Good Distribution Practice (GDP) compliance certification for its healthcare operations in France and Germany.Altogether, the ...
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NewsUPS looks back on successful third-quarter
As reported yesterday by Air Cargo News, UPS enjoyed a very successful third quarter.Chairman and chief executive David Abney talked of “strong performance in a dynamic environment”.Consolidated revenue grew by 5% year on year and operating profit grew by more than 20%.Total volumes across all products grew by more than ...
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Next-day demand drives improved revenues at UPS
UPS saw both revenues and net profits increase during the third quarter of the year as air volumes continued to grow.The package firm reported third-quarter revenues improve by 5% year on year to $18.3bn, while net income was up 16% to $1.7bn.The US domestic and international segments performed “exceptionally well ...
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UPS announces several new drone projects
Express firm UPS has announced several new projects to develop its drone delivery operation.The company today announced new drone delivery service in support of the University of Utah Health hospital campuses, in partnership with drone manufacturer Matternet. The University of Utah campus programme will involve drone deliveries of samples and ...
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Boeing considers new 767-XF freighter programme
Boeing is studying a re-engined derivative of the 767 widebody primarily for the cargo market, with service entry slated for the mid-2020s, according to Air Cargo News sister title FlightGlobal.A passenger version, which is also part of the study, could provide Boeing with a lower-cost alternative to its proposed New ...
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VIDEO: UPS gains US drone flight certification
UPS Flight Forward has received the US government’s first full Part 135 Standard certification to operate a drone airline.UPS Flight Forward’s certificate permits the company to fly an unlimited number of drones with an unlimited number of remote operators in command.The FAA’s Part 135 Standard certification has no limits on ...
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German cargo market drops by more than 20% in June
Airlines and freight forwarders experienced some big declines in German export volumes in June, writes Oliver Link from Air Cargo News sister title DVZ.According to the latest Iata Cargo Account Settlement System (Cass) data, the total volume of freight exported from Germany dropped by 24.6% on a weight basis compared ...
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NewsUPS announces new chief financial officer
Brian NewmanExpress firm UPS has announced that chief financial officer Richard Peretz will retire and be replaced by Brian Newman, currently executive vice president, finance and operations, Latin America for PepsiCo.Newman, who will take up the role on Septemebr 16, will join the UPS Management Committee, the senior-most leadership team ...
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Hong Kong strikes hit cargo operations
Hundreds of flights from Hong Kong, the world's busiest cargo airport, have been cancelled as protesters continue coordinated strikes that are bringing chaos to the city.Pilots, flight crews and air traffic controllers are all reported to have joined city wide demonstrations.Cathay Pacific Cargo said it does not foresee any freighter ...
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NewsOnline shoppers demand clarity and choice, says UPS
The seventh annual UPS Pulse of the Online Shopper study indicates that online shoppers in Asia Pacific make their decisions based on shipment visibility, value-adding incentives and the ability to customise both their purchase and its delivery.“Consumers in Asia Pacific are increasingly knowledgeable about the options available to them when ...
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NewsUPS launches My Choice for business
As consumers continue to demand ever-faster delivery and greater visibility in a marketplace driven by e-commerce, UPS has launched its new UPS My Choice for business service.The tool is the first visibility and tracking solution in the US that has been designed specifically for small and medium-sized businesses (SMBs), and ...
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UPS up in Q2 thanks to rising demand for next-day air services
Express firm UPS saw revenues and profits increase during the second quarter of the year on the back of increasing demand for next-day air services.The company reported a 3.4% year-on-year increase in revenues to $18bn during the period, while net income increased by 13.5% on a year earlier to $1.5bn.UPS ...
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UPS to launch drone business and SME e-commerce delivery operation
UPS is launching an international delivery service for small and medium size retailers in order to capture a slice of surging cross-border e-commerce, forecast to total $1trn by 2020, while it has also announced the launch of a new drone business.The UPS Economy service will connect key e-commerce destinations across ...