NYC and state sue UPS for illegally shipping cigarettes – Reuters

New York City and New York state sued United Parcel Service Inc. on Wednesday, seeking over $180 million in damages and penalties against the shipping company for allegedly delivering nearly 700,000 cartons of untaxed cigarettes across the state.

The lawsuit, filed in U.S. District Court in Manhattan, accuses UPS of cheating the state and city of $29.7 million and $4.7 million, respectively, in tax revenue, according to a statement from New York Attorney General Eric Schneiderman.

 

3 Reasons to Be Bullish on United Parcel Service – Motley Fool

After United Parcel Service missed earnings estimates for two consecutive fourth quarters, investors would be entitled to feel a bit concerned about the company’s direction. It’s fair to say UPS’ execution has not been what investors have hoped for, but that doesn’t mean the stock isn’t worth buying. On the contrary, there are many reasons to feel positive about the stock, and the recent dip could prove an excellent entry point.

At UPS, the Algorithm Is the Driver – Morningstar

Turn right, turn left, turn right: inside Orion, the 10-year effort to squeeze every penny from delivery routes

Here’s a math problem for you. Each United Parcel Service Inc. driver makes an average of 120 stops per day. There are 6,689,502,913,449,135,000,000,000,000,000,000,000,000,000, 000,000,000,000,000,000,000, 000,000,000,000,000,000,000,000,000,000,000,000,000, 000,000,000,000,000,000,000,000,000,000,000,000,000, 000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000 alternatives for ordering those stops. Which option is the most efficient, after considering variables such as special delivery times, road regulations, and the existence of private roads that don’t appear on a map?

Even if an optimal answer exists, the human mind will never figure it out. And while experts at UPS have been giving the problem their best shot for more than a century, the company is shifting that work over to a computer platform called Orion, which is 10 years and an estimated hundreds of millions of dollars in the making. “Can a human really think of the best way to deliver 120 stops? This is where the algorithm will come in. It will explore paths of doing things you would not, because there are just too many combinations,” says Jack Levis, senior director of process management at UPS.

Elite UPS Driver Group Grows to More Than 7,800

UPS (NYSE:UPS) today announced the induction of 1,445 drivers into its elite “Circle of Honor,” raising to 7,878 the number of drivers who have not had an avoidable accident for 25 years or more.

“Maintaining safe highways and roads is our highest priority, so I commend any person who achieves this milestone of 25 years or more crash-free, creating safer driving conditions for us all,” said U.S. Department of Transportation Secretary Anthony Foxx.

UPS: Delivering packages the ‘Brown Way’ – Business Mirror

I am one of the lucky media men who got to experience “the brown ride,” courtesy of the United Parcel Service Inc. (UPS), a courier service company operating in 220 countries and territories worldwide.

Suited from top to bottom in the brown uniform UPS delivery personnel are known throughout the world added thrill to the actual delivery of packages in the Metro Manila area.