Connect with us

Technology

UPS SPEEDS UP GLOBAL DELIVERY TIMES FROM ASIA PACIFIC, ADDS CAPACITY FOR PEAK SEASON

Published

on

Worldwide service enhancements benefit customers shipping to over 35 countries across Asia, Africa and Middle EastDelivery times across Asia Pacific also cut by up to two business daysCompany to add over 200 flights from Asia Pacific to Europe and the U.S. to meet 2024 peak volume demand

SINGAPORE, Oct. 9, 2024 /PRNewswire/ — UPS (NYSE: UPS) customers in Asia Pacific can now have faster deliveries to over 35 countries across Asia, Africa and the Middle East after the company introduced a series of enhancements to its industry-leading air network.

Thanks to a new flight connection at Sharjah International Airport (SHJ) in the United Arab Emirates (UAE), packages from mainland China and South Korea will be delivered in as little as two business days to major economies including Nigeria, Pakistan, Saudi Arabia and South Africa.  

In addition, UPS now offers next-day delivery from leading Asia Pacific economies to Seoul, South Korea, and from Bangkok throughout the region. In Vietnam, customers in Ho Chi Minh City can have next day service to and from select cities in the region. Shipments from Hanoi to selected cities in Australia can now be completed in two business days.

To further support businesses in Hanoi, UPS has introduced Saturday pick-up for Sydney-bound deliveries, allowing for greater flexibility to process orders and boost speed-to-market. Deliveries from selected cities in Australia to Europe can now arrive in as little as two business days.

“These enhancements to our air network, and our additional capacity for the peak holiday season, allow businesses in Asia Pacific to more quickly reach diverse customers around the world,” said Wilfredo Ramos, president, UPS Asia Pacific. “This gives our customers the fast and reliable service they need to grow, stay competitive and build resilience in their supply chain.”

As UPS prepares its air network to meet the surge in volume demand for the peak holiday season, it is boosting capacity for intercontinental routes by adding over 200 more flights connecting Asia Pacific to Europe and the U.S. in the fourth quarter, a significant increase compared to the same period last year. This expanded capacity will enable UPS customers to navigate the crucial peak season more effectively, serving the strong demand between Europe, the U.S. and key trading partners in Asia Pacific.

This is the latest in a series of recent network and facility enhancements UPS has made in the region. Earlier this year the company introduced a new flight connecting the company’s intra-Asia hub in Shenzhen (SZX) to Sydney Kingsford Smith Airport (SYD). While in late 2023, UPS announced plans to build a new hub at Hong Kong Airport (HKG).

UPS’s air network operates over 360 daily flights, serving 26 countries and territories within Asia Pacific and more than 200 globally.

For full details of delivery times within UPS’s global network, refer to the UPS time and cost calculator. 

About UPS

UPS (NYSE: UPS) is one of the world’s largest companies, with 2023 revenue of $91.0 billion, and provides a broad range of integrated logistics solutions for customers in more than 200 countries and territories. Focused on its purpose statement, “Moving our world forward by delivering what matters,” the company’s approximately 500,000 employees embrace a strategy that is simply stated and powerfully executed: Customer First. People Led. Innovation Driven. UPS is committed to reducing its impact on the environment and supporting the communities we serve around the world. More information can be found at www.ups.com, about.ups.com and investors.ups.com.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/ups-speeds-up-global-delivery-times-from-asia-pacific-adds-capacity-for-peak-season-302271183.html

SOURCE UPS

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Athlete Career Transition (ACT) Group Ltd, Set to Launch New Digital Platform in the U.S. for Athletes Transitioning to Business Careers

Published

on

By

NEW YORK, Oct. 9, 2024 /PRNewswire/ — Athlete Career Transition (ACT) Group Ltd, co-founded by former professional rugby players Andy and Steve Moore, has officially launched in the United States. ACT is dedicated to being the premier global support system for athletes transitioning from sports to successful careers in business, fostering an inclusive environment where both athletes and businesses can thrive.

“We are excited to introduce ACT to the U.S. market, providing athletes with unparalleled support as they navigate new career paths,” said Andy Moore, Director and Co-Founder of ACT. “Our soon-to-be-launched, innovative platform and commitment to athlete success will redefine how athletes transition into the business world.”

ACT is supported by a team of expert advisors, each offering valuable insights to further the organization’s mission. Key advisors include:

Keith Elias: A former NFL player and current NFL Player Engagement executive, Keith brings firsthand knowledge of athlete career transitions, helping athletes navigate new opportunities beyond sports.Nancy Altobello: Former Global Vice Chair of Talent at EY, Nancy lends her expertise in leadership and talent development to guide athletes through their career transitions.Skip Curth: Partner at EY, Skip provides strategic business insights and supports athletes in building successful post-sports careers.Stephen Smith: A renowned sports psychologist, Stephen offers mental health and performance expertise to help athletes excel during their transition into the business world.

Over the past 14 years, ACT has facilitated successful career transitions for over 500 athletes, including renowned figures such as American, double gold medal winning, Olympic rower Meghan Musnicki, Olympic bronze medal winning fencer Nzingha Prescod, former NFL player Daniel Imatorbhebhe and former MLB player Garrett Giovannelli.

“ACT played a critical role in my shift from the competitive world of NFL to business. Their personalized guidance equipped me with the confidence and tools to succeed in this new chapter of my life,” shared Daniel Imatorbhebhe.

An impressive 94% of athletes who have transitioned through ACT’s programs and partnerships remain in their roles two years after starting, demonstrating the effectiveness and credibility of ACT’s support system.

Global Expansion and Partnerships
ACT is set to broaden its global footprint in 2025, targeting key markets and forming strategic alliances to enhance its impact on athletes worldwide. The organization aims to partner with corporate entities, national governing bodies, sports teams, and athlete associations to create robust networks that facilitate seamless career transitions. These partnerships will further establish ACT as the leading provider of athlete career transition solutions on the global stage, driving innovation and expanding opportunities for athletes to excel in new professional arenas.

Future Goals
By LA 2028, ACT aims to support 1 million athletes as they transition into successful post-sports careers, continuously innovating to ensure each athlete has the resources needed for long-term success.

About Athlete Career Transition (ACT) Group Ltd
Athlete Career Transition (ACT) Group Ltd was created by former rugby professionals Andy and Steve Moore addressing the unique challenges athletes face when entering the corporate world. Over the past 14 years, ACT has supported the career transitions of more than 500 athletes globally, including individuals from the NFL, MLS, MLB, and Olympic sports. ACT is committed to diversity and inclusion, fostering a vibrant ecosystem where athletes and businesses thrive.

For more information, visit athletecareertransition.com

Media Contact:

Sabrina Carrozza
Sabrina@sabrinacomms.com
+1 646 596-2853

 

View original content:https://www.prnewswire.com/news-releases/athlete-career-transition-act-group-ltd-set-to-launch-new-digital-platform-in-the-us-for-athletes-transitioning-to-business-careers-302270332.html

SOURCE Athlete Career Transition (ACT) Group Ltd

Continue Reading

Technology

Altair and Technical University of Munich Discover Breakthrough in Quantum Computing for Computational Fluid Dynamics

Published

on

By

Research details solutions for several key challenges of quantum computing implementation

TROY, Mich., Oct. 9, 2024 /PRNewswire/ — Altair (Nasdaq: ALTR), a global leader in computational intelligence, and researchers from the Technical University of Munich have made a major breakthrough in the field of quantum computing for computational fluid dynamics (CFD). The breakthrough, published in the journal Computer Physics Communications, presents runnable code for quantum computers and quantum simulators that overcomes several key challenges of the quantum computing implementation of the Lattice-Boltzmann Method.

The paper, titled “Quantum Algorithm for the Lattice-Boltzmann Method Advection-Diffusion Equation,” was developed under a research grant from Altair and driven by researchers from the Technical University of Munich. It is a significant contribution to the field of applied quantum computing that underscores Altair’s commitment to pioneering technologies. The paper was co-authored by Altair Vice President of CFD Solutions Christian Janssen and former Altair Chief Technology Officer Uwe Schramm.

“Altair is committed to pushing the boundaries of simulation technology,” said Christian Janssen, vice president of CFD solutions, Altair. “Our GPU-powered CFD tools have set the standard for efficiency and accuracy. Now, we’re exploring the revolutionary potential of quantum computing to tackle even more complex simulations, opening up new possibilities for innovation in product design and engineering.” 

The research presents, for the first time, a generic quantum CFD algorithm for three-dimensional CFD. The algorithm has the potential to bring fully nonlinear three-dimensional CFD to the quantum world. This is a game changer for next-generation CFD and simulation-based design as the findings demonstrate the tremendous possibilities in terms of model size and scalability that quantum computing offers compared to classical computing. It also reinforces that quantum computing isn’t just theoretical but will become a practical tool to tackle real-world problems. It opens a new realm of possibilities in fields traditionally governed by classical physics, like CFD, by enabling the practical application of quantum computing.

The project’s objective was to develop an algorithm for quantum computational fluid dynamics (CFD) using the Lattice Boltzmann Method (LBM). Making classical CFD compatible with quantum mechanics allows users to leverage quantum computing’s superior processing power for simulations that are exponentially faster and potentially more accurate than classical computations.

Because of its potential to exponentially increase computing speed and enable more complex simulations, quantum computing is expected to have a substantial impact on product development within many industries, namely healthcare, finance, and the natural/life sciences.

“This is an important discovery for both our team and the Altair researchers, one that has the potential to open a new dimension of quantum computing,” said Nikolaus Adams, professor and chair of aerodynamics and fluid mechanics, Technical University of Munich. “We have presented the building blocks for a new generation of quantum computing algorithms, which will hopefully bring more practical quantum computing applications to the forefront in both industry and academia.”

As discussed in a similar paper by the same group of researchers, today’s quantum computing algorithms are developed at the deep machine level by designing quantum circuits. Classical CFD is non-unitary and non-linear, while quantum formulations are unitary and linear. The research found a unitary transformation for classical CFD in addition to developing a machine learning approach for the non-linear aspect.

The paper’s authors include the Technical University of Munich‘s David Wawrzyniak, Josef Winter, Steffen Schmidt, Thomas Indinger, and Nikolaus A. Adams, alongside Janssen and Schramm. All quantum computing was performed at the Leibniz Supercomputing Centre, near Munich, Germany, on the Atos QLM system.

This research is the latest in a string of developments catalyzed by Altair’s investment in quantum computing. Notably, Altair has also invested in Riverlane, a company specializing in making quantum computing more robust and more practical by solving quantum error correction (QEC) challenges. Headquartered in Cambridge, U.K., Riverlane was founded in 2016 and is known for Deltaflow, a unique QEC stack helping quantum computers reach sufficient scale to execute the first error corrected quantum applications.

Click here to read the full paper: “Quantum Algorithm for the Lattice-Boltzmann Method Advection-Diffusion Equation.” To learn more about Altair’s CFD solutions, visit https://altair.com/altair-cfd.

About Altair

Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable future. To learn more, please visit www.altair.com.

Media contacts

Altair Corporate

Altair Investor Relations

Bridget Hagan 

Stephen Palmtag

+1.216.769.2658

+1.669.328.9111

corp-newsroom@altair.com

ir@altair.com

Altair Europe/The Middle East/Africa

Charlotte Hartmann

+49 7031 6208 0

emea-newsroom@altair.com

 

Photo – https://mma.prnewswire.com/media/2525609/Altair_Technical_University_of_Munich_CFD.jpg

Logo – https://mma.prnewswire.com/media/1421069/Altair_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/altair-and-technical-university-of-munich-discover-breakthrough-in-quantum-computing-for-computational-fluid-dynamics-302270471.html

Continue Reading

Technology

Fortune Announces the 25 Best Places to Retire Affordably

Published

on

By

American Canyon, CA is the best city for cost-effective retirement living

Study finds West Coast and New England locations offer retirees best value 

NEW YORK, Oct. 9, 2024 /PRNewswire/ — Today Fortune launches the inaugural Fortune 25 Best Places to Retire Affordably, showcasing attractive locations across America. The list was created based on a range of socioeconomic factors, including healthcare, wellness, livability, resources for older adults, financial health, geographic desirability (such as climate and proximity to nature), and affordability.

The top 10 includes two California cities: American Canyon, CA (No. 1) and Santa Clara, CA (No. 3). Located in Southern Napa County, American Canyon offers affordable housing near both Napa’s world-class wineries and two beaches, Newport Beach and Huntington Beach. It’s ideal for active retirees, with kayaking, biking, hiking, and golfing options. The city boasts a tight-knit community feel, local events, and proximity to top healthcare facilities.

The runner up is on the opposite coast: Newport, Rhode Island. Its scenic beaches, waterfront walks, and historic mansions provide a peaceful yet engaging atmosphere. Retirees enjoy cliff trail walking, exploring architecture downtown, and dining at waterfront seafood restaurants. Newport also offers a variety of activities, from concerts and fitness programs to fishing and golfing, as well as access to quality medical care and proximity to Providence and Boston. Residents also enjoy Rhode Island’s tax benefits for retirees.

The top 10 Fortune Best Places to Retire Affordably in 2024:

American Canyon, CANewport, RISanta Clara, CABeaufort, SCPortsmouth, NHShoreline, WAMaple Valley, WAScarborough, MEPortland, MELafayette, CO

Alyson Shontell, Fortune Editor in Chief and Chief Content Officer, said, “Where to retire and how to make sure it is affordable is something so many Americans think about – often well before they actually retire. We are excited to introduce this new Fortune list, which we believe will become an annual go-to list providing valuable guidance on where to look and just what affordability means for retirees in today’s economy.”

Alexa Mikhail, Fortune senior wellness reporter, added, “Aspiring retirees have a variety of needs and wants for the place they will call home for the long haul, but it’s evident that easy access to quality health care, community, and outdoor spaces are most commonly sought after.”

To build this new ranking, Fortune conducted an independent evaluation of over 2,000 cities, towns, suburbs, exurbs, villages, and townships with populations of approximately 10,000 or more across all 50 states. Areas where home sale prices exceeded twice the state median were excluded from the final analysis. While affordability is inherently subjective and relative, the ranking includes a broad variety of regions and baseline costs of living, all delivering lifestyle and health value for retirees. The methodology can be found here.

Fortune also worked with several critical data partners—including Caring.com, CVS Health, Healthgrades, Ineedana.com, Sharecare, and Witlytic—that helped provide information for nearly 200 separate data categories in our comprehensive evaluation process. This list is part of Fortune Well, Fortune’s health and wellness hub presented by CVS Health, which features tips and insights working professionals need to thrive in their careers and personal lives.

NOTE: Unforeseen severe weather events have increasingly become a significant factor in considering retirement locations. In recent years, the unpredictability and frequency of such weather phenomena may impact the suitability and safety of various regions. We recommend thorough research to ensure an informed choice that takes into account the potential risks associated with severe weather conditions.

About Fortune:
Fortune is a global multi-platform media company built on a legacy of trusted, award-winning reporting and information for those who want to make business better. Independently owned, Fortune tells the stories of the world’s biggest companies and their leaders as well as a new generation of innovators who are moving business forward. Digitally and in print, Fortune measures corporate performance through rigorous benchmarks, and holds companies accountable, in regions around the world. Its iconic rankings include Fortune 500, Fortune Global 500, Most Powerful Women, and World’s Most Admired Companies. Fortune builds world-class communities by convening industry thought leaders for exclusive summits and conferences, including the Fortune Global Forum and Brainstorm Tech. For more information, visit fortune.com.

Media Contacts:
Chelsea Hudson
Fortune
Chelsea.Hudson@fortune.com

Patrick Reilly
Fortune
Patrick.Reilly@fortune.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/fortune-announces-the-25-best-places-to-retire-affordably-302270426.html

SOURCE Fortune Media (USA) Corporation

Continue Reading

Trending