Category: UPS News

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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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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.

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Industry News UPS News

FedEx, UPS face ‘shipageddon’ with potential shortfall of 7 million packages a day over holiday season – NBC News

With the holiday season rapidly approaching, delivery services are bracing for what some are calling “shipageddon,” with a potential shortfall of as many as 7 million packages a day.

UPS and FedEx have told some of their shippers that they have already reached most of their capacity, according to The Wall Street Journal.

That shortage could mean up to 7 million packages a day between Thanksgiving and Christmas could face delays, Satish Jindel, president of ShipMatrix software and consulting provider, told NBC News.

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UPS News

Black Entrepreneurs Day Presented by Chase for Business Announces New Partnership With UPS & Addition of ‘Flipping the Box Segment’ – AP News

Daymond John, founder and CEO of FUBU and co-star of ABC’s four-time Emmy Award-winning show, Shark Tank, has the country buzzing about his forthcoming Black Entrepreneurs Day presented by Chase for Business.

Today, alongside UPS, the event unveils a new addition to the show – Flipping The Box Presented by UPS. The segment will put Daymond in the hot seat for the only time during Black Entrepreneurs Day, as he is interviewed by a UPS executive. Gerard Gibbons, UPS President of Small and Medium Business and U.S. Marketing, will interview Daymond about his entrepreneurial journey and the lessons other entrepreneurs and small business owners can learn from his success.

“We are thrilled to be partnering with UPS for Black Entrepreneurs Day, and I’m looking forward to delving into my own experiences as an entrepreneur during Flipping The Box,” said Daymond. “I know firsthand the importance of shipping from my early days at FUBU, and hope that my chat with Mr. Gibbons will pull back the curtain a bit on just how important logistics are for small and growing businesses.”

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UPS News

UPS to raise China-US peak surcharges again after lowering them 2 weeks ago – Supply Chain Dive

  • UPS will raise peak surcharges on shipments from mainland China and Hong Kong to the U.S. starting Oct. 25, after it lowered surcharges on Oct. 4. The new surcharges will last until further notice, according to an update from the carrier.
  • Surcharges on shipments from Australia, Indonesia, Malaysia, New Zealand, Philippines, Singapore, Taiwan, and Vietnam are remaining steady since surcharges more than tripled on Aug. 30; UPS has not announced any planned decreases to these rates.
  • UPS Worldwide Express Freight from Europe to the U.S. and North America will increase from 34 cents to 91 cents per pound starting Nov. 1. All other international shipment surcharges remain at levels set back in April, until further notice.