UPS News Updates

Business, Top 50

North America's Busiest Cargo Airports

Where North American airports ranked in terms of cargo pounds transported.

November 18, 2019
Government, Business, Top 50

The 2019 Top 50 Global Freight Carriers: Growth Continues Despite Trade Tensions

All but a handful of the companies ranked on the 2019 Top 50 Global Freight Carriers list posted higher freight revenues in 2018 than the previous year, as the majority of the world’s largest freight carriers continued to enjoy strong demand in many key markets.

November 18, 2019
Business, Technology, Autonomous, For-Hire, Top 100

UPS Debuts °®¶¹´«Ã½ Delivery of CVS Medicine by Drone

UPS Inc. has expanded its revenue-generating drone flights beyond hospital campuses, delivering prescription medicines to two customers’ homes from a CVS Health Corp. pharmacy in Cary, N.C.

November 5, 2019
Business, Top 100

UPS Net Income Up 15.9%, Revenue Rises 5%

UPS Inc. reported $1.75 billion in net income in the third quarter of 2019, up 15.9% from the same period a year ago, in an earnings statement released Oct. 22.

October 22, 2019
Business, Technology, Logistics

UPS, Shippo Collaborate on Small-Business Shipping

UPS Inc. will work with shipping technology company Shippo to offer marketplace shipping rates to the more than 35,000 small- and medium-size businesses that use Shippo’s platform, according to an Oct. 10 news release.

October 10, 2019
Business, Technology, Logistics

UPS Completes Nashville-Area Distribution Facility

UPS Inc. has completed the expansion of its Whitescreek, Tenn., ground-package sortation and distribution facility, part of a multiyear investment plan to grow its global logistics network.

September 30, 2019
Business, Technology, Logistics, Autonomous

TuSimple to Use New Funds for System Development, Route Expansion

Startup autonomous truck company TuSimple announced commitments from investors for an additional $120 million. These funds are part of an extended Series D round that was oversubscribed and reached a total of $215 million.

September 17, 2019
Government, Business, Logistics

Coyote Logistics: Truckload Rates to Rebound

Despite a freight slowdown in the first half of 2019, shipper demand is at an inflection point, and spot-market truckload business will rebound in the fourth quarter, according to officials from Coyote Logistics, a UPS Inc.-owned third-party logistics company based in Chicago.

August 29, 2019
Business, Logistics

At UPS, Brian Newman to Succeed Richard Peretz as CFO

UPS Inc. said PepsiCo executive Brian Newman will replace Chief Financial Officer Richard Peretz.

August 12, 2019
Business, Logistics, Top 100

UPS Announces Strong 2Q Earnings

United Parcel Service Inc. reported second-quarter earnings benefiting from rising demand for its Next Day Air and Ground delivery services.

July 24, 2019