MENU
SEARCHUPS will invest $7 billion over the next three years to upgrade its delivery network, including acquiring fleet vehicles and aircraft, to better manage heavier holiday activity.
Photo courtesy of UPS.
Photo courtesy of UPS.
UPS will invest $7 billion over the next three years to upgrade its delivery network, including acquiring fleet vehicles and aircraft, to better manage heavier holiday activity.
The funds will also be spent to build and renovate facilities and enhance information technology platforms to support the network. An additional $5 billion will be used to increase pension funding. The total investment is designed to enhance shareholder value, according to a release.
UPS partly attributed the move to the Republican-backed Tax and Jobs Act approved by President Trump and Congress in late 2017.
"Tax reform is a tremendous catalyst," said David Abney, UPS chairman and CEO. "We will continue to evaluate additional actions that benefit customers, employees and shareowners as we progress further in the year."
On Feb. 1, UPS ordered 14 Boeing 747-9 cargo gets and four Boening 767 aircraft to support the company's air services. The company expects deliver of the new aircraft by the end of 2022.
In this AF news recap, host Faith Howell covers how Waffle House stepped up during disaster response and new AI tech on the market.
Read More →
AI is no longer a future concept for fleets—it’s already embedded in the tools, data, and decisions that operators rely on every day. In this episode of the Fleet Forward Podcast, recorded live at Fleet Forward, industry leaders take the conversation beyond hype to examine what responsible AI adoption really looks like in fleet operations.
Read More →
As fleets rethink how they capture, manage, and act on vehicle data, telematics is at a major inflection point. In this episode of the Fleet Forward Podcast, we dive deep into one of the most pressing questions facing fleet leaders today: Should you rely on OEM factory-installed connectivity, aftermarket devices, or a hybrid of both?
Read More →
Experts from telematics analytics, fleet-as-a-service operations, and national EV benchmarking share how real-time data is reshaping fleet strategy—dispelling assumptions, validating best practices, and exposing costly missteps.
Read More →
A powerhouse panel featuring experts from the American Automotive Leasing Association, CalSTART, and municipal fleet leadership dives into the realities of navigating shifting emissions rules, regulatory waivers, federal agency actions, the future of the EPA’s endangerment finding, and the push for unified standards. They also examine the impacts of tariffs, autonomous vehicle policy, battery innovation, and the accelerating global EV market.
Read More →
This episode kicks off with a deep dive into the technologies and market forces reshaping today’s fleet landscape. Host Chris Brown is joined by Laolu Adeola (Leke Services), Tyson Jomini (J.D. Power), and Richard Hall (ZappiRide) to break down real-world data, shifting incentives, and practical strategies fleet leaders can use right now.
Read More →
In the middle of natural disasters fleet managers must shift priorities to protect people and assets. What policy items should be loosened, and when should the line be held?
Read More →
In this episode, fleet leaders from municipal, university, and private-sector organizations share a candid EV reality check. From infrastructure setbacks and policy whiplash to grant funding, total cost of ownership, and charging resiliency, this conversation dives into what it actually takes to scale electrification in the real world.
Read More →
A running list of the fleet industry’s most influential leaders, recognized for their lasting impact on commercial fleet management.
Read More →
After a decade of lagging compensation, fleet manager pay is climbing. But expanding responsibilities, larger fleets, and growing complexity continue to redefine the role.
Read More →
