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UPS Press Release

UPS And CVS Make First Residential Drone Deliveries Of Prescription Medicines

  • Flights were the first commercial drone deliveries of a medical prescription in the United States under an FAA-approved program
  • UPS and CVS exploring a variety of drone delivery use cases
  • UPS Flight Forward expanding drone delivery beyond hospital campuses

UPS (NYSE:UPS) subsidiary UPS Flight Forward Inc. (UPSFF) and CVS Health Corporation (NYSE:CVS.N) subsidiary CVS Pharmacy, Inc. today announced the successful completion of the first revenue-generating drone delivery of a medical prescription from a CVS pharmacy directly to a consumer’s home. This was followed by another delivery of a medical prescription to a second customer in a nearby retirement community. Both flights occurred on Friday, Nov. 1, 2019, using the M2 drone system by UPS partner and drone systems developer Matternet.

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UPS Press Release

UPS Forecasts Record-Breaking Holiday Returns Volume

  • UPS projects holiday returns will peak on January 2, 2020 with 1.9 million returns taking place – a 26 percent increase from last year’s peak returns day.
  • UPS also expecting 1.6 million returns per day the week before Christmas.
  • Record-breaking returns volume illustrates how e-commerce is changing the way consumers buy during the holidays.

This holiday season UPS (NYSE:UPS) is forecasting yet another record-breaking year for e-commerce returns – illustrating how e-commerce is continuing to change the way people shop for the holidays.

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UPS News

UPS stays in-house for China president replacement – Atlanta Business Chronicle

UPS promoted from within to replace a key executive position in Asia.

United Parcel Service Inc. (NYSE: UPS) said Friday it appointed Michelle Ho as president of UPS China, succeeding Harld Peters, who left for a regional president role with ManpowerGroup (NYSE: MAN).

Peters, who was named UPS China president in August 2017, will oversee all of ManpowerGroup’s brands and offerings across Northern Europe starting Jan. 1, 2020, according to a ManPower news release.

Ho is a UPS veteran with 26 years of logistics experience, most recently as president for the South Asia District of UPS Asia Pacific. She also previously served as financial controller for UPS China. In her new role, she is tasked with spearheading UPS’s small package and strategic business planning operations in China.

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UPS News

Damages in case of injured UPS driver overturned – Business Insurance

A workers compensation insurer will not have to pay $100,000 in damages following a civil suit filed by a United Parcel Service driver who claims to have aggravated existing back pain while carrying a box up a set of stairs, whose comp claim he said was mishandled by his employer and its insurer, a divided appeals court in Mississippi ruled Tuesday.

Anthony Lee Tutor claimed he injured his back on the job at a time in 2011 when he had been undergoing treatment for back pain by both his primary care physician and a chiropractor, and that because of his injury he could not work; his employer in turn denied that he had a comp claim and instead allowed him to file for short-term disability for an injury deemed to have been one not connected to work despite Mr. Tutor’s protests, according to documents in Liberty Insurance Corp. v. Anthony Lee Tutor, filed in the Court of Appeals in Mississippi in Jackson.

He filed and received short-term disability pay, which was set to expire in early 2012. In the meantime, he continued treatment and complained of chronic back pain, stating he would not be able to go back to work, according to documents chronicling numerous doctor visits.

 

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Industry News UPS News

FedEx, UPS begin the great last-mile delivery divergence – Freightwaves

Anyone who works in the parcel delivery business knows that life holds three certainties – death, taxes, and UPS Inc. (NYSE: UPS) and FedEx Corp. (NYSE:FDX) moving in lockstep on almost everything. The first two are immutable. The third one, though, perhaps not so much.

To be sure, the tag team still exists. Both launched seven-day-a-week deliveries within a few months of each other. UPS followed FedEx’s lead earlier this year and dropped holiday peak season residential delivery surcharges, though it took UPS about two years longer to act. Yet 2020 will likely see increasing divergences between the two, though the smoke will not clear until UPS announces its rate schedule (FedEx already has).

Nowhere will the separation be more profound than in the hot-button segment of last-mile residential delivery. For years, FedEx and UPS have relied on the U.S. Postal Service (USPS) for final-mile delivery of parcels that the two companies have inserted deep into the postal infrastructure. Deliveries are typically made in one to five days, depending on various factors.