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UPS Press Release

Purchase Paves the Way for Next Generation Vehicles

Purchase Paves the Way for Next Generation Vehicles

UPS (NYSE:UPS) today announced it has purchased 125 new technology hybrid electric delivery trucks, as part of a broader program to deploy electric-powered vehicles with greater range and performance.

The new trucks will deliver significant fuel economy equivalency gains – up to four times the fuel economy of a gasoline powered vehicle, compared to a 10 to 15% improvement with previous hybrid designs. They will be deployed in Arizona, Texas, Nevada, Mississippi, Alabama, Georgia and Florida the first half of 2016.

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Industry News

Fedex Pilots Are About to Get a 10% Raise — What You Need to Know – Motley Fool

This week, negotiators from the Air Line Pilots Association reached a tentative agreement with FedEx Express to give the latter’s pilots an immediate 10% pay raise (effective Nov. 2, 2015 ). Assuming FedEx pilots vote to approve the deal, this raise will be followed by additional raises averaging 3% per year, every year, over the next five years. On top of that, pilots signing onto the new contract will receive lump-sum signing bonuses  ranging from $20,000 to $35,000, depending on rank and type of aircraft flown, almost of all which will be disbursed over the next nine months.

At the same time, new hires will see their monthly training pay double during their training periods, from $2,000 to $4,000 per month. And for those thinking about retirement, company-paid contributions to FedEx pilots’ defined contribution retirement plans will be also increased by about 2% of salary over the next five years.

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UPS Press Release

MIT CTL and UPS Support Solar Electric Car Project

Vehicle sustains 60 mph using the same energy as a hairdryer

The MIT Center for Transportation & Logistics (MIT CTL) is sponsoring a project to race a new solar electric car called Arcturus in the Bridgestone World Solar Challenge, Australia, in October. The vehicle is designed and built by a team of students at the Massachusetts Institute of Technology.

MIT CTL Supply Chain Exchange Partner UPS is also sponsoring the student team by transporting the 490-pound vehicle to Australia.

The 3,000-km trek across the Australian Outback is one of the world’s premier events for promoting the development of solar powered vehicles. Each Challenge moves solar car design closer to commercialization.

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UPS Press Release

UPS Receives 2015 Computerworld Data+ Editors’ Choice Award

UPS ORION Recognized for Technological Innovation and Impact

UPS® (NYSE:UPS) today announced that ORION (On-Road Integrated Optimization and Navigation), has been named a 2015 Computerworld Data+ Editors’ Choice Award honoree. This prestigious honor recognizes the country’s most elite companies that are successfully leveraging big data initiatives to deliver significant business value.

Each business day, the number of route combinations a UPS driver can make is extremely large and requires a complex mathematical problem to find the optimal path to follow. Using package-level detail and customized online map data, ORION technology includes proprietary routing software that helps drivers select the most efficient delivery route each day, reducing miles, costs, fuel use and related vehicle emissions, while meeting customer requirements for time-sensitive pickup or deliveries.

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UPS News

Jane Goodall to UPS: Stop shipping big-game trophies – Atlanta Business Chronicle

Renowned African wildlife defender Jane Goodall has sent a letter to United Parcel Service Inc. to ask the Atlanta-based shipping giant stop shipping the carcasses of exotic wildlife slaughtered by trophy hunters.

In her letter to UPS International President Jim Barber, Goodall notes the domino effect Cecil the Lion’s recent death has had on his cubs and how major airlines, including Atlanta-based Delta Air Lines Inc. (NYSE: DAL) have since stopped shipping big-game trophies. However, UPS (NYSE: UPS) says it follows U.S. and international laws, not public opinion, in determining what it will and won’t ship.