United Parcel Service (UPS) is making further steps to find new ways to help small businesses with sustainable solutions. Through its subsidiary UPS Flight Forward, the company plans to purchase electric vertical takeoff and landing (eVTOL) aircraft from startup Beta Technologies. Beta’s aircraft can carry 1,400 pounds of cargo capacity with a range of 250 miles and zero operating emissions. Also read: FedEx targets carbon-neutral operations by 2040 “With the capability to take off and … [Read more...] about UPS makes strides in sustainability with electric aircraft
United Parcel Service
UPS starts Moderna vaccine transport in the US
UPS has announced a partnership with pharma and medical supply distributor McKesson to deliver the Moderna Covid-19 vaccine, the second lifesaving candidate authorised for emergency use by the US. Through contracts with the Centers for Disease Control and Prevention (CDC) and the Assistant Secretary for Preparedness and Response to support the US vaccine taskforce Operation Warp Speed, McKesson will be the centralised distributor for non-ultra-frozen COVID-19 vaccines and ancillary supply … [Read more...] about UPS starts Moderna vaccine transport in the US
Vietnam greets iconic UPS ‘Browntail’ at Ho Chi Minh’s SGN airport
UPS has added Vietnam to its existing intra-Asia route as a Boeing 767 freighter with livery painted of the company’s signature “browntail” landed at Ho Chi Minh’s Tân Sơn Nhất International Airport (SGN) on 15 September. The browntail refers to the tail marking of a gold UPS shield against a brown background. The cargo plane delivered containers of packages, such as printed circuit boards to textiles, destined for the city’s industrial zones. The express carrier said the new flight into … [Read more...] about Vietnam greets iconic UPS ‘Browntail’ at Ho Chi Minh’s SGN airport
Amazon gets regulatory approval to test drone delivery
Amazon Prime Air, Amazon’s special service delivering packages in 30 minutes or less, has been approved by the U.S. Federal Aviation Administration (FAA) to start trials of transporting orders using autonomous drones. Amazon added that while the Prime Air fleet isn’t ready to immediately deploy package deliveries at scale, it’s actively flying and testing the technology. Amazon joins Alphabet’s unit Wing and United Parcel Service to receive FAA approval for drone delivery, whilst other … [Read more...] about Amazon gets regulatory approval to test drone delivery
UPS in talks to buy US-based Coyote Logistics
US express delivery company United Parcel Service Inc (UPS) is said to be in talks to buy Chicago-based Coyote Logistics LLC for at least US$1.8 billion, according to a Reuters report quoting a source familiar with negotiations. According to the report, Coyote is backed by Warburg Pincus, the New York-based private equity firm, which may instead opt for an initial public offering as a way to sell its stake in the transportation logistics services provider. Coyote coordinates the movement of … [Read more...] about UPS in talks to buy US-based Coyote Logistics
UPS expects “excellent” peak season this year
Calling 2014 “the year of investing for the customer,” UPS’s CEO, Scott Davis announced plans to invest nearly US$175 million in its US network earlier in the year to develop technology to improve communications and forecasting - the ORION project - and open 50 new hub source locations in existing buildings to expand sorting capacity. Meanwhile in Europe, because of the strong quarterly shipment growth and changing volume distribution patterns, UPS had to pay a … [Read more...] about UPS expects “excellent” peak season this year
