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UPS delivers a billion doses – and counting

UPS says it has now delivered a billion Covid-19 vaccine doses – and with near-perfect on-time accuracy in just a year. The global UPS network and dedicated UPS employees not only supported healthcare customers and global organizations, but also joined in public-private partnerships to provide vaccines and cold chain expertise to countries with hard-to-reach populations. To achieve this, UPS Healthcare mapped roughly 500 trade lanes to enable seamless worldwide vaccine shipments ... [+]

UPS ups profits

UPS announced third-quarter consolidated revenue of $23.2 billion, up 9.2% 2020. Consolidated operating profit was $2.9 billion, up 22.6% and 23.4% on an adjusted basis. Diluted earnings per share were $2.65 for the quarter, 18.3% above the same period in 2020, and up 18.9% on an adjusted basis. [+]

UPS opens UK mega-hub

UPS has officially opened its expanded air hub at East Midlands Airport.  The36,000sq m operation can now sort up to 22,500 packages per hour – more than twice the capacity of the previous facility and scale up more easily during peak periods. There are six daily flights to key markets, ... [+]

UPS up 14.5%

UPS announced a second-quarter 2021 consolidated revenue of $23.4 billion on 27 July, a 14.5% increase over the second quarter of 2020. The company also revealed a consolidated operating profit of $3.3 billion, up 47.3% compared to the second quarter of 2020, and up 40.8% on an adjusted basis. While ... [+]

Pandemic prompts UPS to expand cold chain capability

UPS is expanding its suite of cold chain technologies for pharmaceutical traffic. UPS Cold Chain Solutions will provide pharmaceutical companies, healthcare providers and laboratories a full, end-to-end cold chain service offering, including storage and distribution, transportation, visibility, and quality assurance. UPS Healthcare is expanding its cold chain storage capacities with some ... [+]

UPS earnings surge

UPS reported first-quarter 2021 consolidated revenue of $22.9 billion, a 27% increase over the first quarter of 2020. Consolidated average daily volume increased 14.3% year over year. Consolidated operating profit was $2.8 billion, up 158% compared to the first quarter of 2020, and up 164% on an adjusted basis. Diluted ... [+]

UPS names new Europe president

Daniel Carrera has been appointed as the new president of UPS Europe. A Spanish national, he is the second European president of UPS Europe. He has held several senior leadership positions across the region, and was most recently president, West Europe District, alongside acting as the international ambassador for diversity and ... [+]

UPS opens Birmingham vaccine hub

UPS’s Polar Speed arm has opened a new 100,000sq ft healthcare logistics facility in Birmingham to help address the increasing need for last-mile Covid-19 vaccine delivery and other healthcare logistics support. The combined hub, depot, and warehouse facility will be staffed by more than 100 employees, with capacity to store ... [+]

UPS overturns beard ban

UPS is relaxing its ban on facial hair in its latest employee guidelines, reports the BBC. The parcels giant now allows public facing employees to sport facial hair like beards and moustaches as long as they are worn in a business-like manner and do not create safety concerns. It said the ... [+]

Strong Q3 growth for UPS

UPS’s third-quarter 2020 consolidated revenue rose 15.9% over 2019 to $21.2 billion. Consolidated average daily volume increased 13.5% year over year.  Net income was $2.0 billion for the quarter, 11.8% above the same period in 2019, or 10.7% on an adjusted basis.  Operating profit was $2.4 billion, up 11.0% compared ... [+]

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