UPS invests $1 billion in technology to cut costs

Discussion in 'The Latest UPS Headlines' started by cheryl, Mar 26, 2010.

  1. cheryl

    cheryl I started this. Staff Member

    UPS invests $1 billion in technology to cut costs - Business Week

    United Parcel Service (UPS) will make about US$1 billion in technology investments this year to improve the efficiency of its operations, with the goal of cutting billions more from its costs over the long term, company executives said Tuesday.

    One of its main goals is to improve the speed and efficiency of its delivery operations. To achieve that, UPS is equipping its vans with sensors that allow it to collect data about things like fuel consumption, chosen routes and how much time its engines spend idling, said Dave Barnes, chief information officer at UPS, at the company's Green Tech Forum in New York this week.