Tag «ups»

Consumer demand for ‘Real-Time Retail’ shakes carrier market share

Pitney Bowes Inc., a global shipping and mailing company that provides technology, logistics, and financial services, released its annual U.S. Parcel Shipping Index. The index revealed significant shifts in the carrier competitive landscape and consumer behaviors in 2023. Of the four largest carriers (USPS, Amazon Logistics, UPS, and FedEx), only Amazon Logistics grew volumes year …

UPS pursues greater delivery density to reduce emissions

UPS wants to improve its delivery density, or the number of deliveries made on a single route, to reduce its carbon footprint, according to EVP and Chief Digital and Technology Officer Bala Subramanian at the 2023 UPS Impact Summit on October 17, 2023. UPS is trying to increase its deliveries-per-stop ratio from 1.28 to 1.4, …

UPS to acquire Happy Returns, a leader in reverse logistics

UPS announced that it has agreed to acquire Happy Returns from PayPal. Happy Returns is a U.S.-based software and reverse logistics company that enables frictionless, no-box, no-label returns for U.S. merchants and consumers. “We know that returns have long frustrated shoppers and retailers looking for quick and easy solutions,” UPS CEO Carol B. Tomé said. …

UPS named winner in IDC’s Best in Future of Operations North American Awards

International Data Corporation (IDC) announced UPS was named Overall Winner of the IDC Future Enterprise Best in Future of Operations North America Awards for its “On-road Dynamic Route Optimization and Navigation” (ORION 3.0) project. The annual awards recognize an organization that can rethink how operations are managed. At the heart of ORION 3.0 is UPS’s desire to …

UPS and FedEx to charge more for holiday deliveries in US

UPS and FedEx shares jumped on August 11 after both companies said they are raising prices to boost profit and help manage the strong growth of B2C deliveries spurred by the Covid-19 pandemic. UPS plans to apply holiday season surcharges of as much as US$ 4 a parcel for shippers that send more than 25.000 parcels a week …

UPS joins reusable consumer packaging solution Loop

UPS has joined the coalition of the world’s largest consumer product companies and international recycling company TerraCycle to unveil an innovative reusable and returnable system for managing consumer product packaging. The system, called Loop, will be tested in Paris and New York as a first step toward full implementation in consumer markets.

UPS-GreenBiz US study: the future of fleet electrification

Attaining environmental benefits and lower cost of ownership are driving more US commercial fleets to electrify, according to a UPS and GreenBiz study. In the “Curve Ahead: The Future of Fleet Electrification” report, industry leaders identify the main motivations and barriers to electrification, as well as strategies to move the commercial electric vehicle market from niche to …