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UPS News

UPS delivery person stunned by gift left out by customers – Yahoo

A UPS delivery person was left jumping for joy over a basket of treats left out for him by one of his loyal customers.

TikTok user Sarah Kim shared a touching video of the employee’s reaction recorded outside her home on Oct. 17.

In the short clip, Kim shows the contents of a wicker basket on her stoop — including some water bottles, granola bars and candy — which is labeled with a note stating, “Thank you for delivering our packages. Please take any water or snacks — we hope you have a great rest of the day!”

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UPS News

United Parcel Service (NYSE:UPS) Has Compensated Shareholders With A Respectable 96% Return On Their Investment – Yahoo

The simplest way to invest in stocks is to buy exchange traded funds. But in our experience, buying the right stocks can give your wealth a significant boost. For example, the United Parcel Service, Inc. share price is 67% higher than it was five years ago, which is more than the market average. We’re also happy to report the stock is up a healthy 52% in the last year.

Over half a decade, United Parcel Service managed to grow its earnings per share at 3.2% a year. This EPS growth is lower than the 11% average annual increase in the share price. So it’s fair to assume the market has a higher opinion of the business than it did five years ago. And that’s hardly shocking given the track record of growth.

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UPS News

UPS’ advanced tech chief reveals how the pandemic has underscored the case for drone delivery, starting with moving medical supplies – Business Insider

The logistics industry has been buzzing about drone delivery for years, but aside from a few high-profile pilot programs and conceptual tests, the tech has failed to materialize as a real-world solution for moving goods.

But drones are steadily coming closer to serving a practical use, according to Bala Ganesh, head of the Advanced Technologies Group at UPS.

“What we are right now in the process of, as we work through the integration pilot program with the FAA, is turn[ing] the corner to get to a more sustainable operation,” Ganesh told Business Insider during an exclusive interview at the IGNITION: Transportation summit this week. “What we’ve been in so far has been a test and learn journey.”

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UPS News

UPS to Offer Employees a Way to Save for Emergencies – Wall Street Journal

United Parcel Service Inc. is expected to announce Thursday a plan to offer nearly 100,000 of its workers a way to save for emergencies within its 401(k) plan, becoming one of the largest U.S. employers to join a trend that reflects concern over the impact of workers’ financial problems on their ability to retire.

The program gives UPS employees the option to divert a portion of their paychecks into rainy-day funds within their 401(k) plans.

In recent years, a growing number of employers have grown concerned that if employees are unable to cover unexpected expenses, they may resort to raiding their retirement savings early, said Timothy Flacke, executive director of Commonwealth, a nonprofit that builds tools to help low-income workers save.

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Industry News UPS News

Holiday ‘Shipageddon’ Need Not Mean Doomsday for Retail – Yahoo

After months of extreme disruption and challenge, retailers badly need their holiday season to go right. Unfortunately, they might find themselves confounded by a thorny problem borne of pandemic-related safety concerns: A crush of e-commerce orders on a scale the industry has never seen, putting stress on their supply chains and those of their shipping partners. The result could be a multitude of late packages and frustrated customers, a potential mess that has been dubbed Shipageddon.

Package carriers FedEx Corp. and United Parcel Service Inc. say they’re prepared for the onslaught. They may not have envisioned the pandemic, but they’ve spent billions over the past few years preparing for a more e-commerce heavy world, including adding expanded weekend service and investing in automation tools. They’re also bulking up their staff: FedEx and UPS plan to hire a combined 170,000 seasonal workers this year. Even so, e-commerce growth is expected to be explosive this holiday season, and it will be especially difficult to predict purchasing rhythms this time around.