United Parcel Service said Tuesday that a drone launched from a specially outfitted truck, made a delivery and returned to the truck during a test this week in Florida. UPS has tested drones for emergency deliveries such as medicine.
Category: United Parcel Service
UPS Tumbles as Currency Drag Delivers Blow to Profit Forecast
United Parcel Service Inc. plunged as its profit forecast for this year missed analysts’ estimates on “headwinds” from currency effects. Adjusted earnings will absorb a $400 million pretax hit from foreign exchange effects, the world’s largest package-delivery company said in a statement Tuesday.