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Amazon.com, Inc. will build its first air cargo hub at Cincinnati/Northern Kentucky International Airport, investing around $1.5 billion. The company announced yesterday that the new facility will create more than 2,000 new jobs and support its growing fleet of cargo planes.
The company already has a strong presence in Kentucky with 11 fulfillment centers and 10,000 employees.
The UPS Foundation, which leads the global citizenship programs for UPS (NYSE: UPS), announced it is awarding grants totaling more than $2.3 million to non-profit organizations to increase global volunteerism. Grants will support initiatives to bolster global communities, including disaster preparedness and recovery, youth literacy and skills development and veterans training.
Print on Demand is a new service in collaboration with Deliv, Inc. that delivers online print orders to customers’ doorsteps within an hour*
The UPS Store today launched its “Print on Demand” pilot program that enables customers to receive on-demand delivery service for select print products – everything from business cards and presentations to flyers and brochures. To facilitate delivery, The UPS Store is collaborating with Deliv, a leading same-day delivery company that will provide a web-based solution to schedule and fulfill deliveries. The one-hour* print delivery service is the first of its kind and is available now at more than 180 The UPS Store locations in Chicago and Dallas.
UPS and FedEx are ideal opportunities for long-term investors
To begin with, United Parcel Service (NYSE:UPS) is an extremely boring transportation and logistics company that gets a little news time during the holiday season and then once again vanishes into the background. That being said, the transportation industry, which has been around for centuries, is more relevant today than ever, and the segment’s best years are yet to come as the world’s trade is taken over by e-commerce.
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