UPS downshifts flight activity as volumes deteriorate

UPS continues to reduce flight activity in its air network to maximize asset utilization and improve efficiency amid deteriorating shipping volumes. Executives said during Tuesday’s earnings briefing that they are optimizing the domestic air operation and further reducing scheduled flights on the international front in an effort to curb costs.   The parcel delivery giant reported…

Daimler Truck adds Rizon medium-duty EV brand

Daimler Truck launched Rizon, a new U.S.-focused medium-duty electric truck brand, on the eve of California regulators voting whether to require fleets to purchase 5%-10% EVs beginning in 2024. The coincidental timing expands Daimler’s battery-powered portfolio to cover Class 4 to 8 trucks. The production version of the Class 6 Freightliner eM2 is expected at…