New UPS navigation tool aims to save time and money with each turn [Reuters (UK)]
United Parcel Service, Inc. (UPS)
Last united parcel service, inc. earnings: 4/28 07:00 am
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Source: Reuters
New UPS navigation tool aims to save time and money with each turn | Reuters 3 Min Read LOS ANGELES (Reuters) - United Parcel Service Inc on Tuesday said it is rolling out a new navigation tool designed to reduce costs for the company and headaches for its roughly 60,000 U.S. package delivery drivers. The world’s biggest package delivery firm - known for eliminating most left turns on routes as part of a years-long effort to cut driver miles, fuel use and accident risks - expects to have the new UPSNav technology in most of its U.S. drivers’ hands by 2020. The move comes as UPS and rivals ranging from FedEx Corp and the U.S. Post Office to Amazon.com Inc’s logistics unit grapple with surging e-commerce deliveries and the high cost of taking goods the “last mile” to shopper doorsteps. UPSNav updates the company’s On-Road Integrated Optimization and Navigation (ORION) system that prepares parcel delivery routes. It combines UPS delivery data, including time-saving information such as th
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News
- United Parcel Service: Logistics Leader Still In The Bargain Bin [Seeking Alpha]Seeking Alpha
- United Parcel Service, Inc. (NYSE: UPS) was upgraded by analysts at HSBC Holdings plc from a "hold" rating to a "buy" rating. They now have a $170.00 price target on the stock.MarketBeat
- United Parcel Service: I See Persisting Profit Pressure Ahead [Seeking Alpha]Seeking Alpha
- United Parcel Service, Inc. (NYSE: UPS) had its price target raised by analysts at Bank of America Co. from $157.00 to $160.00. They now have a "neutral" rating on the stock.MarketBeat
- United Parcel Service, Inc. (NYSE: UPS) had its price target raised by analysts at BMO Capital Markets from $165.00 to $169.00. They now have a "market perform" rating on the stock.MarketBeat
UPS
Earnings
- 4/23/24 - Beat
UPS
Sec Filings
- 4/23/24 - Form 8-K
- 4/11/24 - Form PX14A6G
- 3/27/24 - Form 4
- UPS's page on the SEC website