United Parcel Service (UPS) says it is investing $120 million to purchase 400 robots that will unload its delivery trucks as part of a broader $9 billion automation initiative. Management at UPS says ...
As FedEx Corp. and UPS Inc. beef up automation to keep pace with surging e-commerce and a potential threat from Amazon.com, they’ve been stumped at a crucial stage: loading and unloading trucks. Robot ...
As UPS closes facilities to adjust to lower Amazon package volume, packages are being rerouted to its fleet of automated facilities. Automated facilities can process a package at a 28% lower cost than ...
The Rise Of The Ups Robot In Logistics. You know, it feels like robots are popping up everywhere these days, and the world of package delivery is no exception. UPS is really leani ...
UPS (UPS) is in discussions with robotics startup Figure AI to deploy humanoid robots for certain tasks within its logistics network, Jackie Davalos of Bloomberg reported, citing people familiar with ...
UPS is undervalued after a post-pandemic decline, offering a contrarian opportunity with a compelling 6.6% dividend yield and share buybacks planned. Earnings are projected to grow in 2026 and 2027, ...
UPS Inc. just opened its largest warehouse, a sweeping 20-acre facility on the outskirts of Louisville, Ky. But don’t expect the break room to get too crowded. The package-handling giant plans to fill ...