UPS: Frigo-Trans will help deepen our portfolio of solutions
UPS today announced that is has agreed to acquire Frigo-Trans, and its sister company BPL, (together “Frigo-Trans”), complex healthcare logistics providers based in Germany.
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UPS providing more businesses in Malaysia with access to its delivery network
UPS and Ninja Van Malaysia have announced a partnership that will see Ninja Van Malaysia become an authorised seller of select UPS products in Malaysia through its retail services.
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UPS: Going forward we expect to return to operating profit growth
UPS today announced second-quarter 2024 consolidated revenues of $21.8 billion, a 1.1% decrease from the second quarter of 2023. Consolidated operating profit was $1.9 billion, down 30.1% compared to the second quarter of 2023, and down 29.3% on an adjusted basis.
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SRG: The United States is responsible for more than 40% of greenhouse gas emissions from global air cargo
An investigation by Stand.earth Research Group (SRG) released yesterday finds that air freight carriers like FedEx, UPS, and Amazon Air have significantly increased their greenhouse gas (GHG) emissions since 2019.
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UPS sells its Chicago-based 3PL provider to focus more on the company’s “core business”
UPS has announced it has entered into an agreement to sell its Coyote Logistics business unit to RXO, Inc., for $1.025 billion.
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