United Parcel Service (UPS) says it is investing $120 million to purchase 400 robots that will unload its delivery trucks as part of a broader $9 billion automation initiative. Management at UPS says ...
As FedEx Corp. and UPS Inc. beef up automation to keep pace with surging e-commerce and a potential threat from Amazon.com, they’ve been stumped at a crucial stage: loading and unloading trucks. Robot ...
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UPS is buying 100s of robots to unload trucks faster
United Parcel Service is making a high-stakes bet that robots can fix one of the messiest, most labor intensive parts of modern logistics: pulling thousands of packages out of packed trailers at the ...
UPS is undervalued after a post-pandemic decline, offering a contrarian opportunity with a compelling 6.6% dividend yield and share buybacks planned. Earnings are projected to grow in 2026 and 2027, ...
UPS is in talks with robotics startup Figure AI to use humanoid robots for some tasks in the logistics giant’s network, according to people familiar with the matter. UPS and Figure began having ...
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