Current:Home > NewsHow UPS is using A.I. to fight against package thefts -Edge Finance Strategies
How UPS is using A.I. to fight against package thefts
Algosensey View
Date:2025-04-08 17:27:57
An estimated 260 million packages disappeared in the U.S. last year, according to Safewise, many taken right from the front door area while a camera recorded the theft. As the holiday season kicks into high gear, package thefts are a top concern, and one shipping company is using artificial intelligence to combat porch pirates.
Nearly one in four adults had a package stolen in the last 12 months, a survey by Finder said. Theft can be an even more serious problem if those packages contain necessities, like medication, or expensive items.
"This time of year, we ship a lot of gifts, so every package is very special to the person receiving it," said Tarek Saab, president of Texas Precious Metals, whose company ships items like silver bars and gold coins.
This year, Saab is using a new UPS data program called DeliveryDefense, which he says helps them identify addresses that are likely targets for theft.
UPS gave CBS News a look at how the program works.
The A.I.-powered program takes a recipient's address and produces a score — a higher score indicates a higher likelihood of a successful delivery. The scores are created using years of data from previous deliveries and other factors.
For addresses with a low score, the merchant can reroute the item, with the customer's approval, to a UPS Store or other pickup locations.
"About 2% of addresses will be considered low confidence, and we're seeing that represents about 30% of losses our customers are having," Mark Robinson, president of UPS Capital, told CBS News.
At Texas Precious Metals, Saab believes the technology can reduce those numbers.
"We recognize it's computers versus criminals, and we have to use every tech capability that we have to try to circumvent any challenges we might run into," he said.
- In:
- Technology
- Artificial Intelligence
- AI
- UPS
- Crime
Janet Shamlian is a CBS News correspondent based in Houston, Texas. Shamlian's reporting is featured on all CBS News broadcasts and platforms including "CBS Mornings," the "CBS Evening News" and the CBS News Streaming Network, CBS News' premier 24/7 anchored streaming news service.
Twitter InstagramveryGood! (496)
Related
- Intel's stock did something it hasn't done since 2022
- Iran holds first parliamentary election since 2022 mass protests, amid calls for boycott
- What will Fed chair say about interest rates? Key economy news you need to know this week.
- This oral history of the 'Village Voice' captures its creativity and rebelliousness
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- 2024 NFL combine winners, losers: Which players helped or hurt draft stock?
- Search continues for autistic Tennessee teen who walked away from home a week ago
- Warren, Ohio mail carrier shot, killed while in USPS van in 'targeted attack,' police say
- Why members of two of EPA's influential science advisory committees were let go
- Takeaways from the Wisconsin 2020 fake electors lawsuit settlement
Ranking
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Philadelphia LGBTQ leaders arrested in traffic stop the mayor calls ‘concerning’
- The Best Leakproof Period Underwear That Actually Work, Plus Styles I Swear By
- Emma Hemming Willis shares video about Bruce Willis' life after diagnosis: It's filled with joy.
- Trump invites nearly all federal workers to quit now, get paid through September
- Search continues for autistic Tennessee teen who walked away from home a week ago
- Taylor Swift Shares Relatable Message About Her Humidity Hair During Eras Tour
- The Biden Administration is Spending Its ‘Climate Smart’ Funding in the Wrong Places, According to New Analyses
Recommendation
Meta releases AI model to enhance Metaverse experience
New Massachusetts license plate featuring 'Cat in the Hat' honors Springfield native Dr. Seuss
New Massachusetts license plate featuring 'Cat in the Hat' honors Springfield native Dr. Seuss
Iris Apfel, fashion icon known for her eye-catching style, dies at 102
Woman dies after Singapore family of 3 gets into accident in Taiwan
Venus flytrap poachers arrested in taking of hundreds of rare plant
EA Sports announces over 10,000 athletes have accepted NIL deal for its college football video game
Tennessee, Houston headline winners and losers from men's basketball weekend