Tag: UPS

Rail service better

North American rail service improved in the second quarter and year over year, according to Bear Stearns’s quarterly survey of 1,000 shippers.

The survey respondents named CSX, Canadian National, and Canadian Pacific as having the most improved service.

Although 28 percent of the shippers still expect rail service to deteriorate during the peak season, this is down considerably from 53 percent a year ago.

Shippers expect to pay a 4.4-percent average rail rate increase in 2006, meaningfully up from 3.7 percent in the first quarter and 3.5 percent a year ago. Forty-four percent of the survey respondents described full-truckload capacity as “balanced;” 34 percent described the full-truckload market as “tight” and 22 percent as “over capacity.” For the first time since 2001, no respondent saw “extremely tight” capacity. The survey found shippers see even greater less-than-truckload capacity availability.

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Eaton, EPA showcase new fuel-saving hydraulic hybrid UPS delivery vehicle that will be road-tested in Cleveland

Eaton Corporation and the U.S. Environmental Protection Agency (EPA) today showcased the first-ever hydraulic hybrid diesel urban delivery vehicle. The EPA’s patented hydraulic hybrid diesel technology is achieving a 60 to 70 percent improvement in fuel economy and more than a 40 percent reduction in carbon dioxide emissions in initial laboratory testing of a large UPS truck.

EPA estimates that the technology has the potential to save more than1,000 gallons per year for each urban delivery vehicle. UPS will begin testing the vehicle this year on the road in the Detroit area and then will bring it to Cleveland for additional testing. The vehicle was developed through a partnership between EPA, Eaton, UPS, International Truck and Engine Corporation and the U.S. Army. EPA unveiled the truck in Washington, D.C. in late June.

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High-Tech System Slashing UPS’s Fuel Use, Emissions in Oregon

UPS today said it had made substantial progress in deploying new route planning technology that is reducing the number of miles driven by its familiar brown package cars on Oregon’s roads, saving fuel and cutting emissions.

The technology, which UPS calls package flow technology, has now been implemented in more than 69 percent of the UPS locations in Oregon. Over the past 48 months, this has shaved roughly 773,400 miles off the normal route structures in Eugene, Springfield, Medford, Tualatin, Corvallis plus Vancouver, Wash., saving nearly 79,000 gallons of fuel and reducing annual CO2 emissions by 815 metric tons.

“As a transportation company, fuel is a necessity. But we have the technology now to better conserve fuel and operate more efficiently,” said UPS Oregon District Manager K.M. Liu. “And the ability to optimize our business with technology directly helps protect the environment as well.”

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UPS Board Sets Dividend

The Board of Directors of UPS (NYSE:UPS) today declared a regular quarterly dividend of 38-cents per share on all outstanding Class A and Class B shares.

The dividend is payable Sept. 6, 2006, to shareholders of record on Aug. 21, 2006.

UPS has raised its quarterly payout 81% since February 2003.

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UPS Board Sets Dividend

The Board of Directors of United Parcel Service, Inc. (NYSE: UPS), at its regularly scheduled meeting, today declared a quarterly cash dividend of 19-cents per share on all outstanding Class A and Class B shares. The dividend is payable on June 7, 2002, to shareowners of record on May 28, 2002. UPS is the world’s largest transportation company, offering the most extensive range of e-commerce and supply chain solutions for the movement of goods, information and funds.

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