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New Delhi, 26 May 2022 – UPS (NYSE: UPS), the global leader in logistics and InterGlobe Enterprises, India’s trusted travel and hospitality conglomerate, today announced a joint venture to launch MOVIN, a new logistics brand to serve the needs and demands of the fast-paced Indian market. The name MOVIN is a combination of Movement and India (MOVEMENT+INDIA).

MOVIN will offer a range of extensive express and premium service coverage across India with a strong portfolio of B2B domestic services including a day-definite, as well as express, time-definite solutions, which will give businesses better predictability and greater competitiveness to swiftly integrate into the global value chain.

India’s rapidly developing economy and the demand of the business community for robust logistics solutions presents a significant opportunity and MOVIN is well positioned to provide efficiencies, stronger distribution channels, advanced technology, and apply global best practices.

ATLANTA – UPS Healthcare (NYSE: UPS) today announced a market expansion and the next generation in the UPS^® Premier product line. The UPS^® Premier service portfolio provides three-level flexibility to meet healthcare customers’ unique needs.

UPS Premier monitors packages at all times, creating visibility and prioritization for each shipment. In addition, sensor technology enables real-time recovery of UPS Premier shipments if they encounter network delays, temperature deviations, or other issues.

Legendary fund manager Li Lu (who Charlie Munger backed) once said, ‘The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.’ It’s only natural to consider a company’s balance sheet when you examine how risky it is, since debt is often involved when a business collapses. We note that United Parcel Service, Inc. (NYSE:UPS) does have debt on its balance sheet. But the real question is whether this debt is making the company risky.

Why Does Debt Bring Risk?

Debt assists a business until the business has trouble paying it off, either with new capital or with free cash flow. If things get really bad, the lenders can take control of the business. However, a more usual (but still expensive) situation is where a company must dilute shareholders at a cheap share price simply to get debt under control. Of course, the upside of debt is that it often represents cheap capital, especially when it replaces dilution in a company with the ability to reinvest at high rates of return. The first step when considering a company’s debt levels is to consider its cash and debt together.

People thanked him for being so kind to the doggos.

There’s an old rumor that delivery people and dogs don’t mix. But that’s just not true! In fact, one UPS driver is sharing the dogs that he often sees on his delivery route online, and people on TikTok just can’t get enough.

The delivery driver, Travis Zander (@tmzand), put together a montage of the adorable pups (plus a pair of goats!) and shared it online. “POV you’re a UPS driver in Montana,” he wrote in the video’s text overlay. The montage shows Zander greeting several dogs, and their reaction to him is so sweet! That could be because Zander always has a treat handy and seems like a genuinely nice guy. “Hi buddy, how are ya’?” he asked one dog in the footage. He even knows some of the dogs by name!

The vast majority of UPS shareholders voted against a proposal to adopt greenhouse gas emissions reduction targets, indicating one of the nation’s largest truck fleets is not quite ready for electric trucks.

During its annual meeting of shareowners, UPS shareholders voted against a request to adopt independently verified science-based greenhouse gas emissions reduction targets. The proposal was submitted by Green Century Capital Management.

Green Century points out that FedEx and Amazon have set goals for acquiring electric vehicles. Meanwhile, UPS’ goals for its ground fleet rely on alternative fuel.