Items tagged with (NYSE:UPS)

  Shippers like UPS and FedEx are looking for new ways to make the package delivery process more efficient as volume and costs increase across the board. For its part, UPS just showed off a new drone delivery system in Tampa, Florida that will allow the company to potentially reap millions of dollars in savings   The HorseFly UAV Delivery drone, which was developed by Workhorse, resides in a compartment within the roof of UPS’ iconic brown delivery vehicle. A trap door within the ceiling allows the UPS driver to access the drone’s bottom-mounted delivery cage, into which they can place... Read more...
Life certainly has become complicated ever since we stopped bartering goods and services with our neighbors in favor of using cash and credit. Think you're safe to go shopping with your debit card at a major retailer? You'd be mistaken -- according to an advisory put out by the Department of Homeland Security, over 1,000 American businesses have been infected by a cash register malware intended to steal your personal information. The Point of Sale (PoS) malware is called "Backoff" and so far it's given remote attackers the ability to harvest data from millions of credit and debit cards from consumers... Read more...
If you were waiting in vain for UPS to arrive with your last-minute holiday packages only to see the magic day pass without the big brown truck stopping at your house, you’re not alone. UPS was overwhelmed by holiday shipping traffic. The company blames factors such as a higher-than-expected volume of packages and rough weather around the country. UPS expected some 132 million deliveries for last week, but without disclosing how many there actually were, UPS spokesperson Natalie Black said “obviously we exceeded that”. (Credit: Reuters/Carlos Allegri) UPS is busily catching up,... Read more...