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.

Get Advice Join TDU Donate

Recent News

Albertsons Teamsters Ratify Strong Contract

Last year, Local 771 members elected new local leaders on a program of building union power by involving members. Now nearly 500 grocery Teamsters at Albertsons have won a new contract that includes record wage increases and benefit improvements.

Webinar: Build Bargaining Power with a Contract Campaign

From national contracts to local agreements, unions are mobilizing to take on employers and win. Registration for this webinar is closed. We'll post a recording after the webinar!

View More News Posts