UPS to increase electric fleet in Germany
Two hybrid vehicles have already been deployed in Hanover, with the remainder being deployed in Bielefeld, Frankfurt and Nuremberg. Meanwhile, UPS’ e-vehicles will be deployed in Dusseldorf and Frankfurt-am-Main first with additional cities to follow.
It has been reported that the new addition will create a reduction of up to 200 tonnes of carbon dioxide per year.
The latest conversion plans from UPS are a part of the ZUKUNFT.DE initiative sponsored by the German Federal Ministry of Transport and Digital Infrastructure to make package delivery more sustainable.
“Fleet electrification is one of the areas where we seek to act as an industry leader,” commented Luke Wake, director of automotive engineering & advanced technology group, UPS International. “Our operations are well suited toward electric vehicle technologies but the lack of vehicle availability continues to prove frustrating. As one of the world’s leading logistics providers, we want to show with these conversions that the technology is here today, it’s real, it works and we want to encourage the mass adoption of commercial electric vehicles in the marketplace.”
The technology within the hybrid vehicles have been sourced from Lithuanian company, Elinta and fitted by German automotive manufacturer Sommer. While the electric vehicles are being refitted by German company EFA-S.
"We're electrifying the last mile. Low in emissions and quiet – that's how packages will soon arrive. We are investing ten million euros in sustainable delivery vehicles," said Andreas Scheuer, Federal Minister of Transport and Digital Infrastructure.
Did you know? UPS deploys 10,000 low emission vehicles worldwide to determine what alternative fuels and technology works best for different routes and deliveries.
Headquarters: Atlanta, Georgia
CEO: David Abney
Revenue: US$72bn (2018)
No. of Employees: 481,000 (globally)
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Uber Freight to Acquire Transplace in $2.2bn Deal
Uber Freight is to acquire logistics technology and solutions provider Transplace in a deal worth $2.25bn.
The company will pay up to $750m in common stock and the remainder in cash to TPG Capital, Transplace’s private equity owner, pending regulatory approval and closing conditions.
“This is a significant step forward, not just for Uber Freight but for the entire logistics ecosystem,” said Lior Ron, Head of Uber Freight, and former founder of the Uber-owned trucking start-up Otto.
Uber’s Big Play for Supply Chain
Transplace is one of the world's largest managed transportation and logistics networks, with 62,000 unique users on its platform and $11bn in freight under management. It offers truck brokerage and other capacity solutions, end-to-end visibility on cross border shipments, and a suite of digital solutions and consultancy services.
The purchase is the latest move by parent company Uber, which launched as a San Francisco cab-hailing app in 2011, to diversify its offering and create new revenue streams in all transport segments.
Transplace said the takeover comes amid a period of “accelerated transformation in logistics”, where globalisation, shipping and transport disruption, and widespread volatility are colliding.
Uber Freight plans to integrate the Transplace network into its own platform, which connects shippers and carriers in a dashboard that mirroring the intuitive experience found in its consumer vehicle booking and food ordering services.
“This is an opportunity to bring together complementary best-in-class technology solutions and operational excellence from two premier companies to create an industry-first shipper-to-carrier platform that will transform shippers’ entire supply chains, delivering operational resilience and reducing costs at a time when it matters most,” said Ron.
Frank McGuigan, CEO of Transplace, said the resulting merger will offer enhanced efficiency and transparency for shippers, and benefits of scale for carriers. “All in all, we expect to significantly reduce shipper and carrier empty miles to the benefit of highway and road infrastructures and the environment,” he added.
History of Uber Freight
Uber Freight was established in 2017 and separated into its own business unit the following year. In 2019 the company had expanded across the entire continental US, established a headquarters in Chicago. Later that year it launched its first international division in Europe, initially from a regional foothold in the Nertherlands, and later moving into Germany.
The logistics spinoff attracted a $500m investment from New York-based Greenbriar Equity Group in October 2020, and launched a new shipping platform for companies of all sizes in May, partly in response to a driver shortage in Canada.