United Parcel Service, Airbus and Honeywell have signed a deal to collaborate on a cockpit upgrade for UPS Airline’s 52 A300-600s meant to extend the life of the fleet for at least another 18 years, the partners announced Monday. The program involves installation of a new flight management system, a new Honeywell RVR 4000 weather radar system, new LCD displays for both pilots, a new integrated standby instrument system (ISIS), a new aircraft communication and addressing reporting system (ACARS), a central maintenance system and replacement of the current enhanced ground proximity warning system (EGPWS) with an integrated system. Rather than using individual components for aircraft functions such as FMS, ACARS and CMS, the new integrated avionics system uses processor cards installed in a cabinet.
Category: UPS News
United Parcel Service (UPS) CEO David Abney said he hopes that increased healthcare for more Americans under Obamacare stays.
Abney told Yahoo Finance he is encouraged by current White House proposals to cut taxes and modernize trade.
“It’s still early, we have to see the details. But we’re more encouraged than we have been in a long time about the possibility of tax reform,” Abney said.
UPS Inc. and FedEx Corp. are offering a new type of pricing for deliveries within a 50-mile radius, according to a person familiar with the companies’ strategy, in a move designed to divert local “last mile” business-to-consumer traffic normally moving with the U.S. Postal Service (USPS).
Short-haul shipments delivered by the two giants would fall under a new “zone 1” rating, according to the person. UPS and FedEx would price those deliveries cheaply, largely because they wouldn’t involve the use of over-the-road, line-haul services that add to the carriers’ costs. The pricing has been made available to a select group of large customers that have requested it, according to the person.
After years of struggling to predict shipping demand for the December peak season, UPS is giving retailers a stronger incentive to provide accurate forecasts.
Consumers love being able to order gifts from online retailers like Amazon.com a few days before Christmas and have the parcels show up on their doorsteps in time for the holiday. After all, anything beats braving the crowds at malls in late December!
However, for package-delivery giants United Parcel Service (NYSE:UPS) and FedEx (NYSE:FDX), this trend has led to one nightmare after another. Some years they have been overwhelmed by demand, leading to missed deliveries. Other years, they have had too much capacity relative to the amount of last-minute shipping demand, driving up costs.
UPS is trying a new tactic to avoid these problems in the future. It will reserve the right to charge retailers if they reserve shipping capacity and then fail to meet their e-commerce targets. This will give retailers an incentive to meet (but not exceed) their forecasts.