UPS is using self-driving trucks to deliver cargo between Phoenix and Tucson, Arizona for UPS. UPS has also made an investment in TuSimple, the company operating the autonomous trucks, and has been using their trucks since May. Separately, UPS has appointed a new CFO and opened a new package sorting facility in Delaware to increase processing capacity. UPS is also outsourcing some accounting functions to cut costs and expanding parcel pickup and drop-off locations through partnerships with retailers. Finally, UPS is collaborating with Google Cloud to build out routing optimization and a smart logistics network.
2. The self-driving freight truck startup TuSimple has been carrying mail across the
state of Arizona for several weeks.
UPS announced that its venture capital arm has made a minority investment in
TuSimple. The announcement also revealed that since May TuSimple autonomous
trucks have been hauling UPS loads on a 115-mile route between Phoenix and
Tucson.
UPS confirmed to Gizmodo this is the first time UPS has announced it has been
using TuSimple autonomous trucks to deliver packages in the state.
UPS is using self-driving trucks to deliver cargo
3. “I am very pleased to welcome Brian to UPS’s senior management team,”
said David Abney, UPS Chairman and CEO.
“Brian’s deep finance knowledge and broad cross-functional experience
will be a great asset as we continue our Transformation. He will contribute
to our drive for improved growth and operating performance, and he will
support our strategies focused on the long term success of the company.”
Former CFO Richard Peretz is retiring and UPS
appoints Brian Newman as the new CFO
4. This facility that adds approximately 70 percent more package processing
power, is part of a multi-year strategic investment plan to grow UPS’s global
smart logistics network.
“This new UPS facility will provide additional pickup and delivery services to
our customers in Delaware so they can focus on growing their business, while
meeting their customers’ demands for speed and reliability” – Trayce Parker,
President of UPS’s Chesapeake District.
UPS is opening a new package sortation facility in
Delaware
5. UPS spokesman Matthew O'Connor said the company is outsourcing
transactional finance and accounting work in order to let employees "do
more strategic work that can make a greater impact on our business and
provide them with enhanced career opportunities."
UPS is cutting 64 jobs in Coppell, TX in a move to
outsource accounting work
6. The move marks the shipping giant's latest effort to compete with online giant
Amazon and archrival FedEx in the rapidly shifting world of delivery.
The deal more than doubles the number of UPS Access Points in the U.S. to about
21,000, said Kate Gutmann, UPS Chief Sales and Solutions Officer.
The expansion includes "most" of the nearly 8,000 stand-alone CVS stores, about
1,100 Michaels stores and an undisclosed number of Advance Auto Parts stores,
UPS said.
UPS is getting space in CVS, Michaels, and Advance
Auto Parts stores for package shipping and pickup
7. Working in collaboration with Google Cloud Platform (GCP), UPS was able to design routing
software that tells the delivery driver exactly where to go, every step of the way. The routing
software saves the company up to $400 million a year, and reduces fuel consumption by 10
million gallons a year.
At our Google Cloud Next ‘19 conference last month, Juan Perez, Chief Information Officer at
UPS, talked about how the work we’re doing together is transforming the company’s smart
logistics network. “We’re grateful for the opportunity to collaborate with great partners like
Google in a way that lets us use our joint expertise to bolster visibility across supply chains
around the world.”
UPS is using Google Cloud to build the global
smart logistics network of the future
8. The IT Human Capital Management team, part of the HR Transformation
program, is undergoing a Workday HCM Integration.
Workday HCM Integration
9. The UPS TURBO report has dozens of pages of customer insights
compiled to help you sell and market more effectively.
FORTUNE 500 TURBO REPORTS
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