UPS Flight Forward

Workhorse Group Reports Third Quarter 2023 Results

Retrieved on: 
Tuesday, November 14, 2023
UPS, Sale, HVIP, USDA, UPS Flight Forward, FedEx Ground, Comment, Research, Federal Aviation Administration, Horse-fly, Farm, CARB, Partnership, Aerospace, EV, Draft horse, Certification, News, Aero, W56, California Air Resources Board, Commercial vehicle, Renewable energy, Retail, Surveying, Online shopping, Insurance, Mobile phone

CINCINNATI, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (“Workhorse” or “the Company”), an American technology company with a vision to pioneer the transition to zero emission commercial vehicles, today reported financial results for the third quarter ended September 30, 2023.

Key Points: 
  • CINCINNATI, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (“Workhorse” or “the Company”), an American technology company with a vision to pioneer the transition to zero emission commercial vehicles, today reported financial results for the third quarter ended September 30, 2023.
  • This approval provides Workhorse customers eligibility to receive up to a $40,000 federal tax credit per vehicle for deliveries of all Workhorse vehicles in 2023 and beyond.
  • Net interest income for the third quarter of 2023 was $0.4 million compared to $0.0 in the same period last year.
  • “Our financial results for the third quarter and our outlook for the year were significantly impacted by the HVIP voucher delays,” said Workhorse CFO Bob Ginnan.

Workhorse Group Advances Aero Business

Retrieved on: 
Wednesday, October 18, 2023
UPS Flight Forward, Federal Aviation Administration, U.S. Department of Agriculture Cotton Annex, USDA, Draft horse, U.S. Department of Defense Strategy for Operating in Cyberspace, Government, Aircraft, FAA, Television, Jet fuel, Horse-fly

CINCINNATI, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero emission commercial vehicles, today announced significant progress it is making in advancing Workhorse Aero, the Company’s drone business.

Key Points: 
  • CINCINNATI, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero emission commercial vehicles, today announced significant progress it is making in advancing Workhorse Aero, the Company’s drone business.
  • “We are making important progress with our Aero Business, and the steps we are highlighting today reflect the strength of our technology, our systems and our people,” said Rick Dauch, Workhorse CEO.
  • Workhorse Aero is working closely with UPSFF and the FAA and plans to have Horsefly approved for FAA Part 135 operations by the end of 2023.
  • Workhorse Aero trained UPSFF personnel to operate and maintain the drones and UPSFF’s professionals have flown hundreds of successful missions with Workhorse Aero aircraft.

Matternet Appoints Will Urban as Senior Advisor

Retrieved on: 
Thursday, October 12, 2023
Technology, Air, Transport, Drones, Software, Delivery Services, Hardware, Logistics, Supply Chain Management, Retail, Multimedia, Urban freight distribution, Port, Amazon, Port of Seattle, Senior advisor, Federal Aviation Administration, Growth, Region, FAA, Expeditors International, History, UPS Flight Forward, Management, Flexport, Delivery drone

Matternet, the developer of the world’s leading urban drone delivery system, today announced the appointment of Will Urban as Senior Advisor, effective immediately.

Key Points: 
  • Matternet, the developer of the world’s leading urban drone delivery system, today announced the appointment of Will Urban as Senior Advisor, effective immediately.
  • Mr. Urban joins Matternet from Flexport, the tech-driven platform for global logistics, where he served as the company’s Chief Revenue Officer.
  • (Photo: Business Wire)
    In this role, Mr. Urban is going to drive numerous strategic business development initiatives as a senior advisor to Andreas Raptopoulos, Founder and CEO of Matternet, and the full management team.
  • “We are thrilled to welcome Will as a senior advisor to Matternet,” said Mr. Raptopoulos.

Matternet Partner UPS Flight Forward Receives FAA Authorization to Operate Matternet M2 Delivery Drones Beyond Visual Line of Sight

Retrieved on: 
Wednesday, September 6, 2023
Hardware, Technology, Logistics, Supply Chain Management, Air, Drones, Transport, Retail, Delivery Services, Vaccine, Federal Aviation Administration, Tailored Access Operations, Partnership, Atmosphere, Constant visual observation, COVID-19, Multimedia, Radar, Atrium Health Wake Forest Baptist, FAA, United Parcel Service, RADAR, UPS Flight Forward, UPS, Economics, Delivery drone

Matternet, the developer of the world’s leading urban drone delivery system, today announced that its partner, UPS Flight Forward (UPSFF), a wholly owned subsidiary of UPS (United Parcel Service), received approval by the Federal Aviation Administration (FAA) to operate the Matternet M2 drone beyond the visual line of sight (BVLOS) for package delivery.

Key Points: 
  • Matternet, the developer of the world’s leading urban drone delivery system, today announced that its partner, UPS Flight Forward (UPSFF), a wholly owned subsidiary of UPS (United Parcel Service), received approval by the Federal Aviation Administration (FAA) to operate the Matternet M2 drone beyond the visual line of sight (BVLOS) for package delivery.
  • View the full release here: https://www.businesswire.com/news/home/20230906895698/en/
    The Matternet M2 drone that UPSFF will use for beyond the visual line of sight (BVLOS) package delivery.
  • (Photo: Business Wire)
    With this approval, UPSFF will now be able to fly the Matternet M2 drone without requiring expensive Visual Observers to monitor the airspace.
  • With this development, companies are authorized to autonomously operate the flights of their drones, leading to an overall increase in operations utilizing FAA certified drones.

UPS and The UPS Foundation Focus on Equity and Economic Empowerment in Atlanta and Around the Globe

Retrieved on: 
Monday, June 20, 2022
People, Solution, Economic development, WFP, CARE, Puppy Up Foundation, DEI, MSM, COVID-19, Hope, Environment, Vaccine, UPS Flight Forward, UPS, RICE, Morehouse School of Medicine, UNHCR, The Salvation Army, World Food Programme, Health equity, Student, Research, DNA, Gavi, National Center on Education and the Economy, Juneteenth, Gay pride, National Center for Civil and Human Rights, Investment, Atlanta University Center, AUCC, United Nations, Transport, Zip line, First Nations in Ontario, Entrepreneurship, ESG, NYSE, Organization, GLOBE, Financial services, Pharmaceutical industry, Atlanta, Refugee

ATLANTA, June 20, 2022 (GLOBE NEWSWIRE) -- UPS (NYSE: UPS) and The UPS Foundation today shared three major announcements designed to positively impact communities around the world.

Key Points: 
  • ATLANTA, June 20, 2022 (GLOBE NEWSWIRE) -- UPS (NYSE: UPS) and The UPS Foundation today shared three major announcements designed to positively impact communities around the world.
  • Service is in our DNA at UPS and equity is at the center of all we do through The UPS Foundation.
  • The theme of this years UPS Impact Summit equity and economic empowerment is significant here in Atlanta.
  • The city of Atlanta applauds the efforts of UPS and The UPS Foundation to promote DEI and support our Atlanta communities.

Delivery Drones Market Worth $1.29 Billion by 2028 - Market Size, Share, Forecasts, & Trends Analysis Report with COVID-19 Impact by Meticulous Research®

Retrieved on: 
Wednesday, April 27, 2022
Health, COVID-19, Deutsche Post, Ministry of Land, Infrastructure, Transport and Tourism, CAGR, Patient, Blood, UPS Flight Forward, United Parcel Service, CVS, Airbus, Adoption, Apollo Hospitals, Supermarket, OpenSky, WEF, Retail, Government, Transport, Pharmacy, Geography, Unmanned aerial vehicle, Impact, E-Government in South Korea, Federal Aviation Administration, Village, Carbon, Restaurant, Ministry, NITI Aayog, Growth, Food, Foodservice, Coffee, City, Amazon (company), Less, UPS, Aviation, World Economic Forum in Baku, VTOL, FedEx, Vaccine, SF Express, Health care, Retirement, Airline, Cargo, Beekeeping, Rail transport, Food delivery, Online shopping, Alphabet, Walgreens, Boeing, Zip line

The use of delivery drones to deliver packages has resulted in lower energy per kilometer consumption compared to traditional modes of delivery, such as delivery trucks.

Key Points: 
  • The use of delivery drones to deliver packages has resulted in lower energy per kilometer consumption compared to traditional modes of delivery, such as delivery trucks.
  • However, stringent government regulations for UAVs and security breaches using aerial delivery drones pose a major challenge for the growth of the delivery drones market.
  • The time-saving benefits and home delivery services of products purchased online are continuously driving the growth of delivery drones worldwide.
  • The growing adoption of delivery drones in countries such as China, South Korea, and Japan has boosted the demand for delivery drones in the APAC region.

Delivery Drones Market Worth $1.29 Billion by 2028 - Market Size, Share, Forecasts, & Trends Analysis Report with COVID-19 Impact by Meticulous Research®

Retrieved on: 
Wednesday, April 27, 2022
Health, COVID-19, Deutsche Post, Ministry of Land, Infrastructure, Transport and Tourism, CAGR, Patient, Blood, UPS Flight Forward, United Parcel Service, CVS, Airbus, Adoption, Apollo Hospitals, Supermarket, OpenSky, WEF, Retail, Government, Transport, Pharmacy, Geography, Unmanned aerial vehicle, Impact, E-Government in South Korea, Federal Aviation Administration, Village, Carbon, Restaurant, Ministry, NITI Aayog, Growth, Food, Foodservice, Coffee, City, Amazon (company), Less, UPS, Aviation, World Economic Forum in Baku, VTOL, FedEx, Vaccine, SF Express, Health care, Retirement, Airline, Cargo, Beekeeping, Rail transport, Food delivery, Online shopping, Alphabet, Walgreens, Boeing, Zip line

The use of delivery drones to deliver packages has resulted in lower energy per kilometer consumption compared to traditional modes of delivery, such as delivery trucks.

Key Points: 
  • The use of delivery drones to deliver packages has resulted in lower energy per kilometer consumption compared to traditional modes of delivery, such as delivery trucks.
  • However, stringent government regulations for UAVs and security breaches using aerial delivery drones pose a major challenge for the growth of the delivery drones market.
  • The time-saving benefits and home delivery services of products purchased online are continuously driving the growth of delivery drones worldwide.
  • The growing adoption of delivery drones in countries such as China, South Korea, and Japan has boosted the demand for delivery drones in the APAC region.

MobiDev Defines 7 Retail Technology Trends in 2022

Retrieved on: 
Friday, January 21, 2022
Forecasting, Consumer, Research, Technology, IOT, Voice recognition, Airport, COVID-19, Siri, Navigation, POS, Verizon Communications, Alexa, Solution, Automation, UPS Flight Forward, Marketing, AI, AR, Lowes, Hospital, Google, Machine learning, Online shopping, Medical device, Target

MobiDev experts defined the most important healthcare technology trends that can impact the retail industry in 2022.

Key Points: 
  • MobiDev experts defined the most important healthcare technology trends that can impact the retail industry in 2022.
  • For example, in the retail industry, Lowes and Target are utilizing this technology as well.
  • More detailed information about Retail Technology Trends in 2022 can be found at:
    MobiDev is a US/Ukraine software engineering company focused on helping visionaries create their products.
  • The company invests into technology research and has years of experience building AI-powered solutions, implementing machine learning, augmented reality, and IoT.

UPS Executive Laura Lane Joins CDC Foundation Board of Directors

Retrieved on: 
Wednesday, January 12, 2022
CDC, Centers for Disease Control and Prevention, Commerce, Board, Woodruff Arts Center, Center, Korea Disease Control and Prevention Agency, LinkedIn, United Nations, Lane, COVID-19, WTO, World Trade Organization, Organization, Loyola University, Refugee, Safety, Growth, Workplace, Global Public Policy Institute (GPPi), Citigroup, Government, Georgetown University, Foundation, UPS, Rotavirus, Public health, Instagram, American Embassy, Health, U.S. Chamber of Commerce Building, Infection, HIV, Telecommunication, UPS Flight Forward, Cardiovascular disease, World, Head, Advisory Council, Congress, MD, Multimedia, The Business Council, Cancer, TikTok, WarnerMedia, Business, Twitter, The American Embassy, Investment, Management, Pharmaceutical industry, Facebook

ATLANTA, Jan. 12, 2022 /PRNewswire/ --Laura Lane, chief corporate affairs officer at UPS, has been elected to a five-year term on the board of directors of the CDC Foundation.

Key Points: 
  • ATLANTA, Jan. 12, 2022 /PRNewswire/ --Laura Lane, chief corporate affairs officer at UPS, has been elected to a five-year term on the board of directors of the CDC Foundation.
  • Lane began her career at UPS as president, Global Public Affairs in 2011 and was responsible for worldwide government affairs activities for UPS in over 220 countries and territories.
  • "Laura's background and experiences will benefit the CDC Foundation as our nation and world work to rebuild the public health community as we strive to move beyond the COVID-19 pandemic," said Judy Monroe, MD, president and chief executive officer of the CDC Foundation.
  • The CDC Foundation managed hundreds of CDC-led programs in the United States and in more than 140 countries last year.

Aquiline Drones Establishes AI-Driven Airline to Save Lives

Retrieved on: 
Tuesday, October 5, 2021
Cloud, Blood, Ad Opt, Aircraft, Partnership, Review, UAS, Solution, SMS, Hartford–Brainard Airport, Dhaka Transport Coordination Authority, Veteran, OPTN, Transport, Alexander, MRO, Surgeon, Patient, Artificial intelligence, Mobile enterprise asset management, Enterprise asset management, FAA, UPS Flight Forward, Amazon, Future, AI, Lifestar, CEO, Flight, COVID, Communication, Operation, OPOS, Air operator's certificate, Algorithm, Aviation, Federal Aviation Administration, Military personnel, UAV, Hartford Hospital, American Expedition Vehicles, Safety, Organ, Time, Industry, Airline

That's why Aquiline Drones (AD), an American drone manufacturer and cloud technology enterprise, has spent the past two years establishing an airline division dedicated to the timely transport of human tissue, organs, blood and other time-critical cargo.

Key Points: 
  • That's why Aquiline Drones (AD), an American drone manufacturer and cloud technology enterprise, has spent the past two years establishing an airline division dedicated to the timely transport of human tissue, organs, blood and other time-critical cargo.
  • It uses AI algorithms embedded in AD's cognitive agent "Spartacus' to manage a hyper-ledger blockchain platform to optimize transportation logistics.
  • Additionally, AD runs its drone operation like a traditional airline subjecting its drone pilots - both employed and contractual, to similar scrutiny and training akin to U.S. airline pilots.
  • Aquiline Drones Corporation (AD) is a progressive American drone manufacturer and cloud solutions company located in the financial district of Hartford, Connecticut.