United Parcel Service Inc rolls out hybrid electric vehicles in Stafford Read more: UPS rolls out hybrid electric vehicles in Stafford

The new vehicles are the latest in the expansion of the Atlanta-based company’s alternative fuels vehicle fleet expansion, and part of a rollout of 200 new HEVs deployed in seven other U.S. cities: Austin; Chicago, Long Island, Louisville, Minneapolis, Philadelphia and Washington, D.C.

The hybrid power system combines a conventional diesel engine with a battery pack, and use regenerative braking, where energy from the friction of applying the brakes is captured and returned to the battery as electricity.

The HEVs will cut down on fuel consumption by about 35 percent, the company said, equaling about 100 regular UPS delivery vehicles.

United Parcel Inc also uses compressed natural gas, liquefied natural gas, propane, electricity and hydraulic hybrid technology in its alternative fleet.

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United Parcel Service adds more green trucks to fleet

United Parcel Service Inc. has on the street in Colorado and California 245 new delivery trucks powered by Compressed Natural Gas (CNG).

The Atlanta-based package shipper said 140 of the trucks were deployed over the past month to Denver. The rest went to four in California: San Ramon (18), Fresno (16), West Los Angeles (59) and Ontario (12).

The vehicles are part of UPS’ effort to reduce its emissions from the use of fossil fuels like gasoline and diesel and lower its carbon footprint.

UPS (NYSE: UPS) runs one of the largest private fleets of alternative fuel vehicles in its industry with more than 1,900. For its alternative fuel fleet, UPS has deployed CNG, Liquefied Natural Gas, propane, electric and hybrid electric vehicles in the United States, Canada, Mexico, Germany, France, Brazil, Chile, Korea and the United Kingdom.

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United Parcel Service moves air service from Charleston to Wood County

A second national delivery service has decided to use the Mid-Ohio Valley Regional Airport on a daily basis, an official said.

"I was informed Monday that UPS will have one plane here on a daily basis for the next 12 months," said airport manager Terry Moore.

United Parcel Service will have a plane at the airport dropping off and leaving with packages and letters from around the world every Tuesday through Friday through mid- January 2011.

"UPS is now, officially, serving Parkersburg and the rest of the Mid-Ohio Valley by air daily," Moore said.

Air service by the delivery agency means that items sent through it will have a faster delivery time because they will not need to be driven by truck to Yeager Airport in Charleston for flight.

"For the (local) community, there is an advantage to UPS having a plane servicing the area on a daily basis," Moore said.

Telephone messages left at the UPS Atlanta media office were not returned Monday and Tuesday, but Moore said he was told by a UPS representative the company chose to move a plane to the Mid-Ohio Valley because of the amount of fog in Charleston.

"A UPS representative came to talk to me (Monday) and said that the dense morning fog made it difficult for them to have the early morning arrival at Yeager, which led, in part, to their decision to come here," Moore said.

Unfortunately, in a twist of fate, the service's arrival at 6:15 a.m. Tuesday, the first day of the service, was delayed until the afternoon due to fog.

"It was ironic because fog was one of the main reasons they came up here," Moore said. "We usually don't have that much trouble with fog outside of spring and fall, so it was just strange."

The plane will not be staying at the airport overnight, but will arrive daily around 6:15 a.m. and leave each afternoon.

While it is not a large contract, Moore said every little bit helps the airport's struggling finances.

"The airport can expect about $1,000 per month in landing fees and there is a potential for more money if the pilots for UPS need cargo handling," he said.

Cargo handling will be decided on by the pilots and the pilots will also choose who does the labor, which means those performing the work may or may not be airport employees.

"Cargo handling will likely be on a case-by-case basis, but it does allow the airport the possibility of receiving some extra revenue," Moore said.

Although UPS may not bring the airport a large windfall, Moore said he and the airport are more than grateful for the opportunity to serve the company.

"Any increase in traffic is good," he said. "The fact that it is business traffic is even better because when the plane goes out of the area, the pilot will talk to people and get the Mid-Ohio Valley Regional Airport's name out.

"We won't just be a dot on the map; we will become a dot with a name."

UPS has had daily service at the airport during the Christmas season for years and now joins competitors Federal Express (FedEx) with daily usage of the local airport. FedEx has had a plane at the Mid-Ohio Valley Regional Airport for many years.

UPS delivers more than 15 million packages a day to roughly 6.1 million customers in 200 countries, which makes it the world's largest package delivery company, according to the UPS Web site (www.ups.com).

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United Parcel Service Is Climbing On Q4 Guidance News

United Parcel Service increased its fourth quarter EPS forecast to between $0.73 and $0.75 Friday morning, from prior expectations of $0.58 to $0.65. The consensus estimate is for EPS of $0.63.

United Parcel Service gapped open sharply higher Friday and is now up 3.25 at $60.66 up in early trade. The stock has broken out past resistance and has set a new high for the year.

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United Parcel Service to cut 1800 jobs

The United Parcel Service (UPS) announced on Friday that the shipping company would cut around 1800 jobs. These jobs are basically in the administrative and management profiles. An office in the Oklahoma City is also going to be shut down.

Because of these layoffs, close to 1100 employees would be affected and they are going to be offered a voluntary separation package as part of the work force reduction. And the remaining 700 cuts would be in the form of attrition and layoffs. The company is based primarily in the US and the small package segment, which handles shipments of up to 150 pounds by ground and air, represents roughly 60 percent of UPS’ annual revenue.

In all UPS has around 408,000 employees worldwide, out of which 340,000 of which are located in the U.S. Besides the layoffs, the company hopes to do well, as it has forecasted profit in the fourth-quarter which is courtesy the cost cuts and also due to improvement in operations.

UPS said it now expects to post earnings of 73 cents to 75 cents per share for the October to December quarter. UPS had previously predicted earnings of 58 to 65 cents per share. UPS will report fourth-quarter earnings on Feb. 2.

The company is repositioning itself for a gradual economic recovery by reducing its U.S. regions from five to three and its district offices from 46 to 20, spokesman Norman Black said. Improved technology is allowing UPS to manage larger areas with fewer people to oversee functions, Black said. The downsizing “will have no impact on drivers, customer service people or package sorters,” he said. “None of those positions will be affected.”

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