Controls designed to promote traceability can drive up processing time and cost.
Blockchain technology can address these twin challenges.
A blockchain is a secure, distributed digital ledger with records that resist duplication and forgery. It can be used to keep track of any information or assets, from transportation containers to digital currencies.
The ways UPS is Collaborating with Suppliers Extends Reach Sustainably
As our business grows, we are entering into more contractual relationships with third parties, such as outside service providers (OSPs). OSPs are an important part of our delivery fleet in Western Europe, four times larger than our owned fleet in the region. Every day, OSPs in this region:
The investments UPS has made in 2017 are leading to a major transformation
David Abney | UPS Chairman and Chief Executive Officer
In 2017, UPS embarked on a major transformation that will result in the most significant upgrade of our operations in decades. We are exploring real-time data, mobile connectivity, robotics, blockchain, and other cutting-edge technologies to seamlessly integrate our digital and physical networks, modernize our facilities and fleet, and better manage our operations.
Logistics Company Releases 16th Annual Sustainability Report
July 3, 2018 /3BL Media/ - UPS’s 16th annual Sustainability Report highlights the company’s sustainability challenges and accomplishments during 2017, including progress toward its 2020 and 2025 goals in support of the environment, global workforce, and communities around the world. The report also showcases investments in cutting-edge technologies that are advancing UPS’s integrated network to new levels of efficiency and creating tangible sustainability benefits.
In any era, the hard work of environmental progress requires the best available tools. Today those tools include technological innovations that are giving corporations and NGOs alike new capabilities and supercharging the partnerships between them.
Sensors, data analytics, machine learning and blockchain are just some of the breakthroughs driving business growth as well as environmental stewardship.
ARRIVAL will supply 35 modular, light-weight EVs with zero tailpipe emissions, 150-mile battery range and advanced safety features
LONDON, May 9, 2018 /3BL Media/ - UPS (NYSE:UPS) today announced that it is working with UK-based technology firm ARRIVAL to develop a state-of-the-art pilot fleet of 35 electric delivery vehicles (EVs) to be trialed in London and Paris. These zero tailpipe emission, lightweight composite vehicles have a battery range of more than 150 miles (240 kilometers), which is significantly higher than other EVs currently in service.
Collaboration with Workhorse Group on new, zero emission vehicles is industry first
ATLANTA, February 22, 2018 /3BL Media/ - UPS (NYSE:UPS) today announced it plans to deploy 50 plug-in electric delivery trucks that will be comparable in acquisition cost to conventional-fueled trucks without any subsidies – an industry first that is breaking a key barrier to large scale fleet adoption. The company is collaborating with Workhorse Group, Inc. (NASDAQ:WKHS) to design the vehicles from the ground up, with zero tailpipe emissions.
A survey of 1,700 companies discovers a relationship between diversity and innovation.
Rocio Lorenzo | Harvard Business Review Martin Reeves | Harvard Business Review
Diversity is both an issue of fairness and, some say, a driver of innovation and performance. To assess the latter claim, we undertook a large, cross-country study into the relationship between multiple aspects of managerial diversity, the presence of enabling conditions such as leadership support for diversity and innovation outcomes.