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UPS IT Chief Says Analytics Project Will Improve Logistics Planning – Wall Street Journal

By on July 18, 2018 in UPS News

Coming to employees likely by year’s end: A predictive analytics tool that analyzes over 1 billion data points daily

United Parcel Service Inc. is working on an “ambitious” analytics and machine learning project to gather and consolidate data from various applications within the company’s logistics network to better predict package flow, volume and delivery status, says Juan Perez, chief information and engineering officer.

The predictive analytics tool, which has been in development for about eight months, will gather and analyze more than 1 billion data points per day at full-scale, including data about package weight, shape and size, as well as forecast, capacity and customer data.

“This allows us to know exactly what’s going where, and when it’s going to arrive, much more accurately than ever before,” Mr. Perez said.

Is Amazon’s Latest Move Going to Crush UPS and FedEx? – Motley Fool

By on July 18, 2018 in Industry News, UPS News

The e-commerce giant threatens to disrupt many industries, but here’s what may be behind its latest move.

The announcement that Amazon.com is inviting budding entrepreneurs to become Amazon Delivery Service Partners as part of its crowdsourcing delivery model will naturally concern investors in United Parcel Service and FedEx Corporation. But is it really that big of a threat? In reality, it could turn out to be more of a help than a hindrance and stockholders in the package delivery giants should not be unduly worried. Here are three reasons why.

UPS Pilots In-Building Apartment Deliveries Through Latch Smart Access Devices

By on July 17, 2018 in UPS Press Release

United Parcel Service Inc on Tuesday said it is testing “smart lock” technology that allows its delivery drivers to open doors and drop multiple packages at secure locations inside apartment buildings around New York City.The test includes “hundreds of non-doorman” multi-family buildings in Manhattan and Brooklyn that have installed Latch’s “smart access system.” The project comes as UPS is working to make “last-mile” e-commerce deliveries to households more convenient and cost effective by reducing package theft and the need for drivers to make repeated delivery attempts.

Finalists Compete For $25,000 Prize In Small Biz Salute Pitch Off Contest

By on July 16, 2018 in UPS Press Release

Three female entrepreneurs advance in national competition presented by The UPS Store, Inc. and Inc. Magazine

The UPS Store, Inc. and Inc. Magazine have announced the three finalists for the Small Biz Salute Pitch Off, a national competition that will reward one small business owner with $25,000 and an editorial feature in Inc. Magazine to help grow their business.

On August 8, Keitha Dendy of League City, Texas; Megan Eddings of Houston, Texas; and Bryanne Leeming of Boston, Massachusetts will compete at the Small Biz Salute Pitch Off event in Detroit, Michigan where the grand prize winner will be announced during the event.