UPS

FAA brings commercial drone deliveries one step closer with new rules

The U.S. Federal Aviation Administration announced on Monday that it will issue a long-awaited rule to allow for small drones to fly over people and at night, bringing the technology's use for widespread commercial deliveries one step closer to becoming a reality. In addition, the FAA is also requiring remote identification for most drones in order to address security concerns.

UPS lifts ban on beards in diversity push

United Parcel Service Inc. is loosening its guidelines on employee appearance, including lifting a longstanding ban on facial hair and allowing natural Black hairstyles like Afros and braids.

UPS slashes spending, halts stock buybacks

UPS has spent billions of dollars in recent years to upgrade its delivery network with more sortation capacity and automated facilities so that it can handle delivery surges, like during the holiday season.