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Stock impact report

UPS Pilots In-Building Apartment Deliveries Through Latch Smart Access Devices

United Parcel Service, Inc. (UPS) 
Last united parcel service, inc. earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.ups.com
Company Research Source: GlobeNewswire
ATLANTA, July 17, 2018 (GLOBE NEWSWIRE) -- Provides increased security and convenience to UPS customers in multi-family residences Pilot begins in New York City and may extend to other markets UPS (NYSE:UPS) today said it has begun a pilot with Latch smart access devices to enable in-building deliveries to multi-unit homes in New York City, providing increased security and convenience for residents who are not at home to receive packages. Latch’s smart access devices enable UPS drivers to provide more reliable customer service and complete more deliveries on the first attempt. UPS began preliminary tests in Manhattan earlier this year and has now expanded to Brooklyn. Eventually, UPS may offer the service in markets throughout the U.S. together with smart access pioneer Latch. “The use of smart access devices on doors of apartment and condominium buildings is a big step forward for the package delivery business,” Jerome Roberts, UPS vice president of global product innovation. Show less Read more
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