UPS

[dealmaker]

UPS breaks ground on new flight simulator facility
Work is underway on a new flight training facility for pilots at United Parcel Service Inc. The facility, which is located near UPS Airline's Global Operations Center at Louisville International Airport, will give the company more space to train new pilots as well as the 2,745 it has on staff now. The new facility will be one of several that UPS operates at the airport, including its massive UPS Worldport sorting hub.(Business Journals)

 

[dealmaker]

UPS finishes one of its largest infrastructure investments outside U.S.

United Parcel Service Inc. has built a 105,000-square-foot package sorting and delivery facility about 25 miles from London. (Business Journals)

 

[dealmaker]

UPS to test fully-electric Thor delivery truck

UPS and electric truck maker Thor Trucks are collaborating on a fully electric Class 6 to be developed and tested in Los Angeles. The truck is expected to be ready to deploy later this year, according to UPS. It will have a driving range of approximately 100 miles and is powered by a Thor-designed and built battery made to be lightweight and durable. The plan is for UPS to test the medium-duty delivery truck in in fleet operations for six months. (Trucking Info)

 

[dealmaker]

Automation Fears


UPS CEO David Abney said yesterday at the Fortune Global Forum in Paris that the logistics giant won't need to shed jobs due to its increasing use of automation—as long as the company keeps growing. The issue has caused friction between management and drivers' unions before. Fortune

 

[dealmaker]

• Brown is not down:UPS is putting shipping limits on certain retailers (Nike, Gap) as the holiday ecommerce surge is getting very real and straining its network.