UPS

Organizational responsibility for executing UPS human resource policies and management approach as outlined with Allen E. Hill, Senior Vice President, Human Resources. Mr. Hill is a member of the Management Committee, which is responsible for setting and executing all UPS policy.

UPS believes that there is no room for unsafe work practices in any aspect of its operations. The comprehensive safety framework it has developed affirms that belief. At the base of this framework is personal value—a commitment by every employee to the safety system.

Natural gas utilization continues to be a major action item for transportation and logistics bellwether UPS, with the company announcing this week that it will invest roughly $50 million to build another nine liquefied natural gas (LNG) fueling stations.

Transportation and logistics bellwether UPS recently rolled out new shipment service levels for its Temperature True Portfolio, which is comprised of various services focused on protecting temperature-sensitive healthcare products, which includes quality assurance support and 24/7 control tower monitoring.

The Memphis-based company also said that quarterly revenue—at $11.0 billion—was up 2 percent, and operating income—at $795 million—saw a 7 percent gain. Operating margin—at 7.2 percent—moved up from 6.9 percent a year ago. FedEx reported earnings per share of $1.53, which was up 5.3 from $1.45 from last year, topping Wall Street estimates of $1.50 per share.

The drivers for healthcare supply chain executives to make strategic supply chain investments and decisions are more than just a few, given the many moving parts of the healthcare supply chain. This was made clear in the sixth annual UPS “Pain in the (Supply) Chain” healthcare survey.

So, what is the implication for logistics? Well, just like what I have been discussing relative to 3D Printing, there is a chance this could revolutionize air freight delivery in the package space.

The direct-to-store approach—also known as distribution center bypass or direct distribution—keeps inventory moving from manufacturer to end customer by eliminating stops at warehouses along the way.

Over the past century, UPS has become one of the world’s premier logistics companies. Among its notable strides are its “direct-to-store” delivery model, its forward-thinking embrace of the “cloud” as a new platform for international shipments and its dedication to ensuring that Brown also means green.

Transportation and logistics bellwether UPS announced this week that it opened up two new China-based contract logistics distribution facilities in Chengdu and Shanghai as part of its commitment to serve the growing domestic Chinese market.

In a continued effort to improve service and maintain an efficient network through the Midwest, UPS Freight, the less-than-truckload (LTL) subsidiary of transportation and logistics bellwether UPS, opened up a second facility in Indianapolis, Ind. on Monday.

Various media outlets are reporting that a UPS cargo plane crashed in a field while attempting to land at the Birmingham, Alabama airport around 6 a.m. ET today.

Last week, Rotunda Capital Partners, a middle market private equity firm, announced it sold off global logistics services provider Worldwide Express to an investment group, which included a significant investment from Worldwide’s management team.

The company was dealt an historic rebuke when the largest union contract in North America covering 235,000 full- and part-time Teamsters at UPS’s parcel division rejected 18 side agreements known as supplemental agreements. The master parcel contract was passed by a narrow 53-47 margin.

UPS said today it is lowering its diluted earnings per share guidance to $1.13, which is below the Wall Street estimate of $1.20.