UPS Inc. News Updates

BusinessTechnologyLogisticsTop 100

UPS to Upgrade Health Care-Dedicated Warehouse Network

UPS Inc. will add major upgrades to its health care-dedicated warehouse and distribution network, according to an Oct. 28 news release.

October 28, 2019
BusinessTop 100TCA

UPS Predicts Record Holiday Season

UPS Inc. says it has been preparing for what it expects to be a record-breaking holiday shipping season by building additional automated facilities and adding jets to its fleet to handle more packages as online shopping continues to grow.

October 23, 2019
GovernmentBusinessLogistics

Stamps.com Soars as UPS Deal Seen as ‘Step in the Right Direction’

Stamps.com Inc. shares rallied Oct. 22 ahead of the opening bell after UPS Inc. announced a pact to offer discounted shipping rates to the company’s customer base of more than 740,000.

October 22, 2019
BusinessTechnologyEquipmentFuelTop 100

UPS Invests $450 Million in CNG Trucks, Stations

UPS Inc. announced it will spend $450 million to add 6,000 vehicles powered by compressed natural gas as well as supporting infrastructure beginning next year.

October 9, 2019
GovernmentBusinessTechnologyLogistics

UPS Drones Win FAA Milestone Permission to Operate

UPS Inc. won U.S. certification to fly drones under regulations similar to those for airlines, a milestone that allows the company to vastly expand airborne deliveries.

October 1, 2019
BusinessTop 100

UPS Announces New Uniforms for Drivers

For nearly 100 years drivers at UPS Inc. have been known around the world by their brown uniforms. Now comes a newly designed uniform, and, yes, the iconic brown remains.

September 20, 2019
BusinessTechnologyLogisticsTop 100

UPS Shipments Swell in Amazon Era

A $20 billion investment spree detailed by UPS CEO David Abney last year, a plan that initially rattled Wall Street, is bearing fruit. Profit margins are improving even as 112-year-old Big Brown copes with swelling volume from voracious online shoppers, who are typically less lucrative to serve than business customers.

September 19, 2019
GovernmentBusinessTop 100

UPS to Pay $8.4 Million to Settle Claim of Overcharging Government

WASHINGTON — The Justice Department says United Parcel Service Inc. must pay $8.4 million to settle allegations that the company was overcharging the federal government for package deliveries.

September 13, 2019
BusinessEquipment

DTNA's Milestone Truck Presented to UPS

Daimler Trucks North America announced the production of the 750,000th vehicle built at its Cleveland, N.C., truck manufacturing plant. Keys to the milestone vehicle, a Freightliner new Cascadia, were presented to representatives from UPS Inc.

August 27, 2019
BusinessTechnologyFuelTop 100

UPS Signs Biggest Renewable Gas Deal With Clean Energy Fuels

UPS Inc. has agreed to buy the equivalent of 170 million gallons of renewable natural gas from Clean Energy Fuels Corp. over the next seven years in what the company described as the biggest-ever deal involving the alternative fuel.

May 22, 2019