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UPS Press Release

UPS Wins 2016 Informs Franz Edelman Award For Changing The Future Of Package Delivery

UPS Game Changing Operations Research Project Expected to Save 100 Million Miles Driven Per Year

A global leader in analytics, operations research and technology, UPS® (NYSE: UPS) has won the prestigious INFORMS Franz Edelman Award for Achievement in Operations Research and the Management Sciences for its proprietary routing software ORION (On-Road Integrated Optimization and Navigation).

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UPS Press Release

UPS Wins 2016 Informs Franz Edelman Award For Changing The Future Of Package Delivery

UPS Game Changing Operations Research Project Expected to Save 100 Million Miles Driven Per Year

A global leader in analytics, operations research and technology, UPS® (NYSE: UPS) has won the prestigious INFORMS Franz Edelman Award for Achievement in Operations Research and the Management Sciences for its proprietary routing software ORION (On-Road Integrated Optimization and Navigation).

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Industry News

What FedEx Corp.’s Results Mean for United Parcel Service’s Prospects – Motley Fool

Five key themes

FedEx’s third-quarter earnings were discussed in more detail in an earlier article, so let’s focus here on the takeaways that are relevant to UPS:

  • Peak demand and e-commerce delivery continues to exceed expectations.
  • FedEx’s ground operating income margin fell to 12.6% in the third quarter compared to 16.5% in the same period last year, partly pressured by peak and e-commerce demand.
  • FedEx is undertaking pricing initiatives in order to increase margins and adapt to customer behavior.
  • Capital spending requirements increased.
  • Amazon.com’s (NASDAQ:AMZN) recent cargo network expansion might not be a competitive threat.
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UPS Press Release

UPS Expands Operations At Ontario International Airport

New technology-driven sorting facility to process international air volume

Existing ground package sorting facility to double capacity and add jobs

UPS today announced the addition of a new sorting facility and the expansion of its existing building at Ontario International Airport. The new building will process urgent, time-definite UPS Next Day Air® packages and will feature automated sorting capabilities. The expanded ground sorting facility will be retrofitted with automated sorting systems and have twice the package processing capacity.

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UPS Press Release

The Importance Of The Circular Economy To Business Expected To Double In Next Two Years

Logistics are Critical to Implementing a Sustainable Circular Strategy

(NYSE:UPS) Nearly nine out of 10 (86 percent) of sustainability executives surveyed believe that circular economy will be important to their business two years from now, nearly double from two years ago when just 47 percent felt them important, according to findings of the 2016 UPS/GreenBiz Circular Economy Research Study released today. Respondents project the biggest growth in the adoption of the circular economy model will come from the technology sector, especially electronics such as computers and cell phones, as take-back systems and product reuse are most easily integrated in those models.