UPS invests $1 billion in technology to cut costs

March 30, 2010: United Parcel Service (UPS) will make about US$1 billion in technology investments this year to improve the efficiency of its operations, with the goal of cutting billions more from its costs over the long term, company executives said Tuesday.

One of its main goals is to improve the speed and efficiency of its delivery operations. To achieve that, UPS is equipping its vans with sensors that allow it to collect data about things like fuel consumption, chosen routes and how much time its engines spend idling, said Dave Barnes, chief information officer at UPS, at the company's Green Tech Forum in New York this week.

Click here to read more at Business Week.


Be the first to comment

Please check your e-mail for a link to activate your account.
Get Advice Join TDU Donate

Recent News

Teamster Resolutions for 2019

2018 saw a growing rank-and-file rebellion in labor—in the Teamsters, that rebellion is led by TDU.

UPSers Vote for Change in NY Local 804

UPS Teamsters in New York have moved from ‘Vote No’ to ‘Vote Them Out.’  The 7,100 members of Local 804 have elected a new team of reformers to lead their local union.

View More News Posts