Global logistics service provider UPS (NYSE: UPS) and the Hong Kong Airport Authority have entered into an agreement that improves UPS service to customers and enhances the company’s operations in Asia with a new hub at the Hong Kong International Airport and near the Hong Kong-Zhuhai-Macau Bridge. The new hub will serve as UPS Hong Kong’s main facility for processing and sorting imports, exports, and transshipments, to and from Europe, the U.S., and other parts of Asia. The hub is expected to be completed by 2028 and will be built on a land parcel of 20,000 square metres with direct access to aircraft. The facility is being designed to handle close to 1 million tons of annual capacity, giving UPS and its customers around the world better and more reliable connectivity to Hong Kong, the Greater Bay Area1, and the growing Asia Pacific consumer market.

Conde Nast continues its digital pivot with the publishing giant announcing plans to shutter the print edition of its beauty tome Allure, and the December 2022 magazine will be its last. Editor-in-Chief Jessica Cruel broke the news to staffers this week along with the information that employees' roles may change, but no layoffs have been confirmed yet. "Our brand is stronger than ever across social and digital and our success is testament to our collaboration as a team and because we know just how and where our audience is accessing content in today's ever-changing landscape," wrote Cruel. "It's our mission to meet the audience where they are and with this in mind, after our December print issue, we are making Allure an exclusively digital brand."

Key highlights include: *Carbon Net-Zero by 2040: In FY24, Wiley’s net-zero strategy, based on targets validated by the Science-Based Targets initiative (SBTi), made solid progress through real estate optimization, energy efficiency upgrades, and supply chain engagement. *UN SDG Impact with Nearly 60,000 Published Articles: In 2023, Wiley published close to 60,000 articles aligned with the United Nations Sustainable Development Goals (SDGs), amplifying its impact on global challenges like quality education, reduced inequalities, and climate action. *Employee Engagement in ESG Initiatives: Wiley employees have contributed to ESG activities, with robust support from the company’s Employee Resource Groups (ERGs) and ESG working groups. *Leadership in Open Access: Authors continue to choose to publish their work in Wiley’s wide array of open access publishing options, ensuring broader exposure to scientific knowledge and supporting the company’s vision to share knowledge widely and inclusively. *Integrity in Publishing with AI Tools: The organization continues to embrace advancements in publishing technology by incorporating AI-driven tools to enhance research integrity.