UPS and Teamsters Reach Agreement to Limit Driver Severance Program 
LG Electronics Posts Record Q1 Revenue Amid Strong Demand and Cost Improvements 
China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs 
UAE's Largest Natural Gas Facility Suspended After Attack-Triggered Fire 
Goldman Sachs, ANZ Cut Oil Forecasts Amid U.S.-Iran Ceasefire Hopes 
Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand 
Paramount Skydance Secures $24B from Gulf Sovereign Wealth Funds for Warner Bros. Discovery Takeover 
U.S. Automakers Push Back Against EU Rules Blocking American Trucks from European Market 
Britain Courts Anthropic Amid US Defense Department Dispute 
Pony.ai, Uber, and Verne Launch Europe's First Commercial Robotaxi Service in Zagreb 
Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth 
Bill Ackman Eyes New Fund to Bet Against Market Complacency 
BHP's Incoming CEO Visits China Amid Pricing Dispute with CMRG 
Chalco Stock Surges as Q1 2025 Profit Forecast Jumps Up to 58% 
China Vanke Seeks Bond Extension Amid Mounting Debt Crisis 
Bendigo and Adelaide Bank Posts Strong Q3 Earnings, Announces AI-Driven Job Cuts 
Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles 
ATLANTA, Nov. 11, 2016 -- UPS (NYSE: UPS) will invest $196 million to expand its Jacksonville ground package hub to add more than 260,000 square feet to the building and advanced technology and operations automation. When completed in the fall of 2019, capacity will increase by one-third to more than 80,000 packages processed per hour.
“Jacksonville is one of the larger U.S. ground processing facilities and an important transit point to connect road and rail in the UPS network,” said Kim Wyant, president of UPS’s Florida District. “We appreciate the state and local community support for the new technology and jobs that give UPS flexibility to meet growing needs of our customers.”
More than 1,650 full and part-time UPS employees work at both the hub and its adjacent four package centers. The company has committed to new full-time jobs as well as expanded employee parking as part of the plan.
Onsite liquefied natural gas fueling remains on the property to power the growing UPS fleet of alternative fueled tractors. Changes in the building footprint provide a larger trailer staging area. Another 46 familiar brown package car positions will meet the needs for growing local delivery operations.
The Jacksonville facility will be retrofitted to include the latest UPS sorting and processing technology with advanced automation to increase the building’s flexibility and response to customer needs. Six-sided decode tunnels will replace traditional scanning to rapidly capture package information from address labels. High-speed UPS Smart Label® applicators will place labels on packages to give personnel instructions for proper routing, loading on local delivery vehicles. Small, lightweight packages typical of e-commerce will flow through new systems that maintain UPS reliability in loads built for destinations throughout Florida.
The Jacksonville project joins a multi-year UPS investment plan to expand and modernize its global network operations and capacity.
UPS employs more than 16,500 people across Florida in package delivery, ground freight, aircraft operations, air and ocean freight forwarding and contract logistics.
About UPS
UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including transporting packages and freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. The company can be found on the web at ups.com® and its corporate blog can be found at longitudes.ups.com. To get UPS news direct, visit pressroom.ups.com/RSS.
Susan Rosenberg 404-828-7123 [email protected]
