Why Shares of United Parcel Service Gained Ground in August 2020/09/02 14:20:00 The Motley Fool
UPS margins appear to be holding up better than expected as the company deals with a flood of pandemic-related e-commerce business.
Amazon gets US approval for drone delivery of packages 2020/09/01 06:57:03 Sify.com
San Francisco, Sep 1 (IANS) Amazon has come a step closer to launching drone delivery of packages in the US after it received a crucial certificate from the Federal Aviation Administration (FAA). With the possession of what is called Part 135 air carrier certificate, Amazon can run its fleet of Prime Air delivery drones, CNBC reported on Monday. According to FAA, Part 135 certification is the "only path for small drones to carry the property of another for compensation beyond visual line of sight". Following the crucial approval, Amazon said it will start testing customer deliveries, said the report. "This certification is an important step forward for Prime Air and indicates the FAA's confidence in Amazon's operating and safety procedures for an autonomous drone delivery service that will one day deliver packages to our customers around the world," David Carbon, Vice President of Prime Air, was quoted as saying in a statement. "We will continue to develop and refine our technology to fully integrate delivery drones into the airspace, and work closely with the FAA and other regulators around the world to realise our vision of 30 minute delivery." The e-commerce giant started testing delivery drones way back in 2013 with the aim of delivering packages within 30 minutes.
Leaked emails: Amazon's drone delivery execs celebrate FAA approval, but acknowledge need for more time and work before Prime Air is 'ready to scale' (AMZN) 2020/08/31 21:13:55 Business Insider
Amazon's VP of Prime Air David Carbon thanked his team in an email on Monday after winning FAA approval to start testing commercial drone deliveries in the US. Prime Air's director of software development Jim Rosenblum wrote in a separate email last week that the first "customer test delivery" would take place soon. Monday's approval follows years of work by Amazon to prove the safety and viability of its Prime Air drone delivery service. Do you work at Amazon? Contact this reporter via encrypted messaging apps Signal/Telegram (+1 415 926 2066) or email (firstname.lastname@example.org). Visit Business Insider's homepage for more stories . Amazon is planning for its first drone "customer test delivery" to take place soon, following Saturday's federal approval for the company to begin commercial unmanned flights — a validation that required Amazon to demonstrate more than 500 safety and efficiency processes. But even as Prime Air Vice President David Carbon congratulated his staff for reaching a "massive milestone," he acknowledged in an internal email on Monday that it will be some time before fleets of Amazon's much-promoted drones are regularly dropping off packages on doorsteps across America.
Amazon Granted FAA Clearance For Prime Air Drone Delivery Fleet 2020/08/31 19:20:00 Zero Hedge
Amazon Granted FAA Clearance For Prime Air Drone Delivery Fleet Tyler Durden Mon, 08/31/2020 - 15:20 Amazon received approval Monday from the Federal Aviation Administration (FAA) to operate its fleet of Prime Air delivery drones in US skies, reported Bloomberg . The FAA designated Amazon Prime Air as an "air carrier," allowing it to "safely and efficiently deliver packages to customers." "This certification is an important step forward for Prime Air and indicates the FAA's confidence in Amazon's operating and safety procedures for an autonomous drone delivery service that will one day deliver packages to our customers around the world," David Carbon, vice president of Prime Air, said in a statement. "We will continue to develop and refine our technology to fully integrate delivery drones into the airspace, and work closely with the FAA and other regulators around the world to realize our vision of 30-minute delivery ," Carbon said. The certification gives Prime Air drone operators the ability to fly the aircraft 'beyond the line of sight' to deliver packages across metro areas.
Sendle Commits to Zero Peak Season Surcharges for Continued Affordable US Small Business Delivery 2020/08/31 13:25:00 Business Wire
SEATTLE--(BUSINESS WIRE)--Sendle, the 100% carbon neutral shipping carrier specifically designed for small business, has bucked the trend and announced it will not introduce US peak season surcharges this holiday season. Major carriers such as FedEx and UPS have recently announced new peak season surcharges in addition to regularly scheduled holiday fees. The price hikes come in the midst of a massive shift to eCommerce during the COVID-19 pandemic, and a resulting boom in home delivery. With e
Coca-Cola, UPS, Dunkin' and other brands press Congress to drop proposed PPP changes 2020/08/06 14:31:15 The Hill
Nearly 200 franchise brands are calling on Congress to expand access to the Paycheck Protection Program (PPP) on behalf of their franchise owners while negotiations are underway over a revenue reduction threshold in the next coronavirus relief…
LIVE UPDATES: See the results of the Republican primary in Kansas' 2nd congressional district 2020/08/04 18:19:12 Business Insider
Embattled first-term Rep. Steve Watkins is facing a high-stakes primary challenge from state Treasurer Jake LaTurner in Kansas' 2nd congressional district. In mid-July, the local district attorney charged Watkins with four counts of voter fraud in connection with him listing a UPS store as his residence on his voter registration form. On the Democratic side, Topeka Mayor Michelle De La Isla is expected to formally secure the Democratic nomination to face either Watkins or LaTurner. Visit Business Insider's homepage for more stories . The stakes: There's a highly-watched Republican primary in Kansas' 2nd congressional district, in which embattled first-term Rep. Steve Watkins is facing a high-stakes primary challenge from state Treasurer Jake LaTurner. Kansas' 2nd district encompasses most of the Eastern part of the state, including the capital city of Topeka, the surrounding suburbs, but is otherwise largely rural and agricultural. Watkins, a former US Army Ranger and federal defense contractor, seemingly came out of nowhere to win the crowded 2018 Republican primary with just 22% of the vote.
Pitney Bowes and UPS Team To Offer New Savings To Businesses 2020/08/04 12:00:00 Business Wire
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE: PBI), a global technology company that provides commerce solutions in the areas of ecommerce, shipping, mailing and financial services, today announced a new collaboration with UPS® which sees businesses benefit from savings on UPS office shipping products, as part of its Digital Access Program. The collaboration, which comes during Pitney Bowes’ 100th year, will bring businesses discounted UPS shipping rates – up to 62 percent off UPS
Why Shares of United Parcel Service Jumped 28% in July 2020/08/03 19:28:00 The Motley Fool
The delivery giant soared higher after posting strong second-quarter earnings.
'Fast Money Halftime Report' Picks For July 31: Caterpillar, UPS And More 2020/07/31 18:07:55 Benzinga
On CNBC's "Fast Money Halftime Report," Stephanie Link said she likes United Parcel Service, Inc. (NYSE: UPS ). It had a phenomenal quarter and it will get a stay-at-home re-rating, said Link. Michael … Full story available on Benzinga.com