UPS looks to cut up to 30,000 jobs this year
Last year, UPS started on a plan to reduce dependency on its largest customer, Amazon, and focus on higher-profit areas such as health care customers.
Distribution & Logistics
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Local businesses see big opportunities ahead in new drone-flight rule
Once the rule takes effect—which could be as soon as early next year—observers expect a huge increase in drone use for everything from package delivery to public safety to agricultural activities to aerial surveying.
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On heels of raising $400M for new acquisitions and projects, developer Ambrose Property makes raft of promotions
Ambrose recently closed on its fourth major investment fund intended to create or acquire industrial, logistics and e-commence properties across the United States.
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Fishers-based smart-mailbox company Arrive AI set to go public this week
The company, which has developed a smart-mailbox system for drone delivery, said it expects to begin trading on the Nasdaq exchange.
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Logistics provider planning 415-job expansion in Lebanon
Supply-chain giant GXO Logistics is planning to spend $11.7 million to grow operations at a massive facility where it handles returns for Nike Inc.
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Articles
Heartland Ventures launches $60M investment fund
Heartland’s investors are established Midwestern companies—businesses such as manufacturers, construction firms, logistics providers and real estate firms—and it makes investments into early-stage industrial technology startups with products that could benefit those investors.
Sugar Foods to open Whiteland production, distribution facility, create 105 jobs
The company is investing $40 million in the leased 617,000-square-foot Johnson County facility.
Fast shipping is increasing emissions. Here’s why delivery has become more polluting.
Companies like Amazon, which provides same-day or overnight shipping in many cases, are changing their delivery vehicles and processes to minimize environmental impact.
Indianapolis-based Dealers Wholesale acquired by Lacy Diversified Industries
Earlier this year, LDI announced that former Indiana Gov. Mitch Daniels had joined its team as the company’s first executive partner, with the goal of focusing on investments in Indiana-based companies.
Postal service plans to open last-mile delivery network to more shippers in money-raising move
The goal is to diversify and boost revenue through the postal carriers’ final leg of delivery to millions of individual homes and businesses.
Former HR employee sues company, supervisor for retaliation over alleged wage violations
The man alleges he was fired for raising concerns that the company failed to pay required wage differentials to second- and third-shift workers at a Hendricks County facility.
UPS put profit over safety before plane crash that killed 14, lawyer alleges
The legal battles stemming from the crash are likely just beginning. UPS was named as a defendant in a federal lawsuit filed last month accusing it of negligence and wanton conduct.
Federal review finds 44% of US trucking schools don’t comply with government rules
The Transportation Department said it plans to revoke the accreditation of thousands of schools unless they can comply with training requirements in the next 30 days.
Investigators say UPS plane that crashed in Louisville, killing 14, had cracks in engine mount
Federal investigators released dramatic photos Thursday of an engine flying off a doomed UPS cargo plane that crashed two weeks ago in Kentucky.
Flight cuts from government shutdown strain supply chain that’s already stretched thin
Logistics companies say consumers shouldn’t expect delays on packages due to the reduction in flights—for now. But they put a strain on the supply chain ahead of the all-important holiday shopping season.
UPS, FedEx grounding MD-11 planes following deadly Louisville crash
The crash Tuesday at UPS Worldport in Louisville killed 14 people, including the three pilots on the MD-11 that was headed for Honolulu.
UPDATE: 12 dead after engine fell off UPS plane that crashed, exploded in Louisville
The crash had a devastating ripple effect, striking and causing smaller explosions at Kentucky Petroleum Recycling and hitting an auto salvage yard.
Shipping delays expected after UPS cargo plane crash in Louisville
Package sorting at UPS’ largest shipping hub was halted late Tuesday and the stoppage continued Wednesday. About 416,000 packages can be sorted at the facility per hour, according to a UPS fact sheet.
UPS cuts 34,000 jobs as its turnaround efforts continue
Shares in United Parcel Service Inc. soared Tuesday morning after it smashed Wall Street’s profit expectations by cutting costs and eliminating more jobs than expected this year.
Job searches for holiday season soar with full-time roles scarce
Overall, seasonal jobseekers face a low-energy holiday season, with only a 2.7% pickup in seasonal job postings from employers.
Amazon delivery firms are bailing amid rising costs, meager profit
Amazon launched its Delivery Service Partner program in 2018, offering aspiring entrepreneurs an opportunity to run their own businesses.
Kentucky-based construction wholesaler expanding to Indianapolis
The Lexington-based company will occupy an 83,000-square-foot building on the northwest side of Indianapolis and plans to hire 30 workers over the next six months.
Sugar Foods looking to locate food production facility in Hancock County
The company plans to employ 105 workers and produce crispy onions at the facility.
Amazon adding 8,500 holiday jobs in Indiana
Amazon announced Tuesday that it’s looking to fill 250,000 full-time, part-time and seasonal positions nationwide ahead of the holiday shopping season.