Category: UPS Press Release

As the medical industry faces significant disruptions, experts on Sept. 18 will discuss drones and other advancements to meet specimen transport demands

Drones and emerging technologies, lab site selection to improve turnaround times, and improving the clinician/lab tech experience will be among the topics explored in the UPS (NYSE:UPS) healthcare webinar “Innovations, drones and the future of specimen logistics,” taking place on Sept. 18.

Several industry experts will share insights on how innovations – think drone deliveries of medical samples across hospital campuses – are shaping up to be industry game-changers. Care facilities and diagnostic laboratories are being confronted with mounting cost pressures and a need for faster turnaround times. This means the demand for greater efficiencies and advanced logistics will only grow.

• Industry-first platform serves the needs of small and medium-sized businesses
• Gives SMB shippers and receivers visibility and control over inbound and outbound UPS deliveries
• Available now to U.S. customers; international expansion planned for early 2020

Today, UPS (NYSE:UPS) began onboarding customers for its new UPS My Choice® for business service, the first visibility and tracking solution in the U.S. designed for small and medium-sized businesses (SMBs). Key features include an Internet-based tracking dashboard; advance delivery notifications, including day-before and day-of delivery notifications; and estimated time of delivery within two-hour windows for the majority of US postal codes.

Operating Profit Up in All Segments

• 2Q19 EPS of $1.94; 2Q19 Adjusted* EPS of $1.96
• U.S. Daily Volume Grew Over 7%; Next Day Air Volume Soared Over 30%
• U.S. Operating Profit Increased Nearly 29%; Up 8% on an Adjusted Basis
• International Boosts Operating Margins to 18.9%; Adjusted Margins of 19%
• Supply Chain and Freight Operating Profit Increased Nearly 26%; Adjusted Operating Profit Up More Than 10%
• Cash from Operations of $4.2B; Adjusted Free Cash Flow Near $2.2B
• UPS reaffirms adjusted full-year diluted EPS in the range of $7.45 to $7.75

Enhancements Support UPS Revenue Quality and Growth Objectives

• Introduces UPS My Choice for Business Service Platform, Providing SMBs Unprecedented Inbound and Outbound Shipping Control and Visibility
• Makes Significant Investment in Reduced Transit Times Between Major Cities and Enhances Delivery Capabilities, Including Extended Hours® Pickup for Next-Day Ground Delivery and Seven-Day Pick-up and Delivery Services
• Increases UPS Access Point Network by 12,000 New Locations in CVS,  The Michaels Company, Inc., and Advance Auto Parts to number 21,000 in the U.S. and 40,000 Globally
• Launches New Worldwide Economy Product to Meet Growing Demand for Lower-priced International Deferred Shipping Options
• Establishes New Subsidiary, UPS Flight Forward, and Application to FAA for Full Drone Delivery Certification to Expand U.S. Delivery Solutions

New research commissioned by UPS into industrial buyers finds that despite growth in online business purchases, traditional offline relationships, face-to-face interactions and post-sales support weigh more heavily in purchasing decisions here than in other regions

UPS (NYSE:UPS) today released the results of its 2019 UPS Industrial Buying Dynamics Asia Pacific Study, which finds B2B buyers here in the region doing much of their purchasing online, and at the same time relying heavily on offline relationships and seeking out solid after-sales service. The study, which surveyed more than 3,400 industrial purchasers globally, including 600 from companies across China, Japan, and Thailand, offers valuable region-level insights and specific market-level traits that can help B2B businesses better connect with buyers in Asia.