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UPS has announced third-quarter 2024 consolidated revenues of $22.2 billion, a 5.6% increase from the third quarter of 2023. Consolidated operating profit was $2.0 billion, up 47.8% compared to the third quarter of 2023.
Chief executive Carol Tomé, said: “I want to thank all UPSers for their hard work and efforts. After a challenging 18-month period, our company returned to revenue and profit growth. Peak season is nearly upon us, and ...
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UPS has opened a healthcare-focused cross-docking facility in Hyderabad, India.
It can hold or sort 15 pallets in +15°C to +25°C, 7 Pallets in +2 to +8°C and 50 pallets under uncontrolled ambient conditions, eliminating the need for prolonged warehouse storage.
The facility also serves as a safety net for critical shipments, ...
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UPS is offering Saturday delivery to residential addresses in the UK, Belgium, France, Germany, Italy, Netherlands, Poland and Spain, without an additional surcharge. It says the move will enable it to reach over 130 million households across eight of the biggest markets. The service will also tap into nearly 40,000 ...
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UPS Healthcare is investing over €20 million in its temperature-controlled road fleet in Europe.The new vehicles will go into service in Italy, France, the Netherlands, and Hungary, adding to UPS’s fleet of more than 1,100 cold chain vehicles – already the largest in the world.
The dual-temperature vehicles provide transportation between ...
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UPS Healthcare has expanded its European hub facility in Roermond, the Netherlands by 21,860sq m, adding in-demand freezer farm capacity, crucial for a growing number of complex biopharma products. The campus now has over 200 ultra-low temperature (ULT) freezers which can store products at -80°C. The upgrades also included the ...
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UPS has opened its dedicated healthcare facility, the first of its kind in Ireland. The €12 million investment covers nearly 6,000sq m and offers small package, freight forwarding and logistics and distribution capabilities.
It provides in-storage and inbound and outbound transportation for a range of pharmaceutical and health tech products.
UPS says ...
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UPS reorted first-quarter 2024 consolidated revenues of $21.7 billion on 22 April, a 5.3% decrease from the first quarter of 2023. Consolidated operating profit was $1.6 billion, down 36.5% compared to the first quarter of 2023, and down 31.5% on an adjusted basis.
Chief executive Carol Tomé, said: “Our financial performance ...
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UPS has opened a micro hub in Cambridge, the first of its kind in the UK.
It allows electric assisted four-wheeled cycles to deliver packages, reducing emissions and congestion in the city.
It is housed in a converted shipping container and will serve as a central dispatch point for packages bound for ...
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UPS has signed an agreement with Luzon International Premiere Airport Development Corporation (LIPAD) to expand its operations at Clark Airport (CRK) in the Philippines. Construction of the new Clark hub is set to begin in February 2025, and it is expected to be operational in late 2026.
It is the latest ...
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UPS has appointed Markus Kessler as country cluster manager for UK, Ireland, Sweden, Denmark, Norway, Finland, and Iceland.
He was previously country manager for UPS in Austria and Switzerland, having joined UPS in 2006 as an account executive in Frankfurt and later becoming vice president for human resources and labour relations.
In ...
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