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UPS Invests More Than $90 Million In Natural Gas Vehicles And Infrastructure

UPS further cements its leadership in the alternative fuel market while continuing to reduce its environmental footprint with this more than $90 million investment in natural gas. “With more than 4,400 natural gas vehicles and a network of fueling stations, UPS has had great results using natural gas as an alternative fuel in our fleet,” said Mark Wallace, UPS senior vice president global engineering and sustainability. In 2016, we used more than 61 million gallons of natural gas in our ground f

By | March 15th, 2017|shippers|0 Comments

USPS FY 2017 first quarter results

Postal Service posted a net loss of approximately $200 million for the first quarter of fiscal year 2017 (October 1, 2016 - December 31, 2016). The first quarter, which includes the holiday mailing season, is typically the Postal Service's strongest quarter of the fiscal year. (See Selected FY 2017 First Quarter Results of Operations table below). Beginning in 2017, the PSRHBF is to be used to fund the Postal Service’s share of retiree health benefit premiums. The Postal Service receives no tax

By | February 8th, 2017|shippers|0 Comments

UPS Invests $18 Million In On-Site Solar

The estimated $18 million investment will provide a nearly five-fold increase in the amount of power generated from solar at UPS facilities today. With more than 2,580 UPS facilities worldwide, UPS is ideally positioned to expand its investment in renewable energy. The completion of these projects will expand UPS’s owned solar power generating capacity by almost 10 megawatts. UPS’s investment in solar power began in 2004 in Palm Springs, Calif., where solar panels were installed and are still ge

By | February 6th, 2017|shippers|0 Comments

The UPS Foundation Awards More Than $2.3 Million To Expand Global Volunteerism

US 02/01/17Atlanta, GAUPS Drives United Nations’ Sustainable DevelopmentGoals Through ServiceUPSers Hit Record 2.7 Million Employee Volunteer HoursThe 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. UPS is on track to meet its goal to contribute 20 million global volunteer hours by the end of 2020. The UPS Foundation also will award grants

By | January 31st, 2017|shippers|0 Comments

National Returns Day: Online Holiday Shopping Drives Record Returns

National Returns Day, when the most UPS returns packages are sent back to retailers, will reach a new peak on Thursday, January 5, according to UPS (NYSE:UPS). Holiday shoppers are projected to return 1.3 million packages with UPS on National Returns Day and more than 5.8 million packages during the first full week of January 2017. In 2016, shoppers returned more than 1 million packages on National Returns Day and 5 million packages during the peak returns week. Online shoppers report the best r

By | December 27th, 2016|News, shippers, Shipping|0 Comments

UPS And Optoro Form Strategic Alliance To Enhance Retail Reverse Logistics Services

More than 1.3 Million packages to be returned with UPS on National Returns Day. More than 5.8 million packages will be returned with UPS during the first full week of January 2017. UPS recently invested in Optoro through the UPS Strategic Enterprise Fund. Investments made through the UPS Strategic Enterprise Fund help the company better understand new technologies and develop new business models in the rapidly changing retail business environment. About the UPS Strategic Enterprise FundThe UPS S

By | December 21st, 2016|News, shippers, Shipping|0 Comments

FedEx Corp. Reports Increased Revenue, Operating Income

These factors were partially offset by TNT Express integration and restructuring program costs and intangible asset amortization, and lower operating income at FedEx Ground and FedEx Freight. Before year-end MTM pension accounting adjustments, earnings for fiscal 2017 are now projected to be $10.95 to $11.45 per diluted share. FedEx Ground SegmentFor the second quarter, the FedEx Ground segment reported:Fiscal 2017 Fiscal 2016 Change Revenue $4.42 billion $4.05 billion 9% Operating income $465 m

By | December 20th, 2016|News, shippers, Shipping|0 Comments

DHL Express invests $185 million in 2016 and 2017, on track with expected growth in the U.S.

The $185 million investment earmarked for 2016 and 2017 is focused on infrastructure, technology, and people – creating some 900 new jobs in 2016 alone - in order to continue to provide the highest quality service and superior customer experiences. $38 million in Mexico in 2016 and 2017, in addition to its existing $160 million five-year capital investment plan already announced. DHL Express is spending $20 million in these two years to upgrade and expand its ground fleet, adding more fuel-efficient vehicles including fully electric vans and electric forklifts at its JFK facility. The continued strong U.S. dollar means consumers can shop abroad for holiday gifts, so a bigger gain in import volume is expected. However, smaller gains in outb

By | November 17th, 2016|News, shippers, Shipping|0 Comments

Postal Service Ready to Deliver Holiday Cheer

Postal Service today announced it was ready to deliver a lot of cheer — in the form of roughly 16 billion cards, letters and packages — this holiday season. “Our customers can count on the entire Postal Service workforce to deliver their holiday gifts, cards and letters,” said Megan J. Brennan, Postmaster General and CEO. Holiday Advertising CampaignThe 2016 holiday campaign emphasizes the proud tradition of delivering cheer and the value the Postal Service offers consumers and businesses during

By | November 14th, 2016|News, shippers, Shipping|0 Comments

UPS Announces New 1.2 Million Square Foot Regional Hub In Atlanta

US 11/10/16Atlanta, GA$400 Million Investment Includes Advanced Automation and Provides Expanded Capacity to Better Serve UPS CustomersUPS (NYSE: UPS) today announced plans to invest in excess of $400 million to build a new regional package sorting hub on the west side of Atlanta. “UPS has proudly made its global headquarters in Atlanta for more than two decades,” said David Abney, UPS chairman and CEO. In the advanced 1.2 million square foot Atlanta facility, more than 100,000 packages per hour

By | November 10th, 2016|News, shippers, Shipping|0 Comments