Atlanta, April 7, 2014 (GLOBE NEWSWIRE) -- Today, The UPS Foundation, the philanthropic arm of UPS (NYSE: UPS), announced it will donate more than $9 million toward community safety initiatives focused on enhancing disaster response, recovery, and emergency preparedness through enhanced technology infrastructure and road safety initiatives. To underscore the importance of humanitarian supply chain capabilities, UPS will deploy UPS Relief Link TM, humanitarian supply chain solutions that strengthen the tracking of critical relief supplies. UPS is working with the United Nations High Commissioner for Refugees (UNHCR) to provide better visibility of the journey of urgently needed items through the last mile of delivery to refugees.
Community Safety is one of four pillars The UPS Foundation lends both its financial support and logistics expertise to serve communities worldwide. Under this pillar, The UPS Foundation addresses humanitarian relief initiatives through disaster preparedness, as well as relief and recovery efforts.
In addition to making the UPS Relief Link program more widely available, The UPS Foundation is also awarding $1 million to CARE, a leading humanitarian organization fighting global poverty, to implement the Aidmatrix supply chain management platform, called SCM4Good. These technology tools include commodity tracking, asset management and fleet optimization modules to increase the visibility of global inventories, thus speeding relief and recovery efforts."Each year, millions of people are impacted by natural disasters all over the world," said Eduardo Martinez, president of The UPS Foundation. "We believe we can help reduce the subsequent human suffering by collaborating with our partners and to help communities better prepare for the unexpected. Our strong expertise in logistics and supply chain management demonstrates the value we place on equipping individuals and businesses with the skills, information and resources to ensure communities are better prepared." Being a leader in global logistics services begins with the road. Road safety is also part of the Community Safety pillar, where UPS leverages its expertise in safe driving to develop robust educational programs that pass on this expertise to young drivers.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts