All UPS articles – Page 8
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NewsUPS invests in Asian express operations
UPS ShenzhenExpress firm UPS has revealed a series of investments in Asia that it claimed would increase its service footprint and expedite delivery times.The company said that in the first half of the year it had invested in the following: Shenzhen Asia Pacific Air Hub upgrades that increased the hub’s ...
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NewsUPS adds new connections to Saturday pick-ups
Last week (mid-May), UPS announced that it had expanded the number of countries that are available to its US customers using the company’s Saturday pick-up export shipment service.An additional 122 countries that are to be found across the world have been added to the pre-existing 57-nation coverage.Twenty new markets in ...
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NewsUPS finishes Louisville Centennial expansion project
Express services giant UPS has completed a multi-phase expansion of its Louisville Centennial ground package sortation and distribution facility.“Tripling the size of our Centennial hub provides companies with distribution centers and operations in Kentucky and the surrounding areas with more opportunities to better serve their customers,” stated Joe Boyle, president ...
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NewsEast Midlands Airport expands space for freighters
East Midlands Airport (EMA) is expanding the apron space for freighter aircraft as the UK cargo hub prepares for increased volumes driven by the e-commerce boom.The airport, whose freighter airline customers include Fed Ex/TNT, UPS and Royal Mail, is improving its infrastructure so that aircraft can load and unload more ...
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UPS profits hit by severe winter weather
UPS saw profits decline in the first quarter of the year as extreme winter weather hit earnings.During the period, the company saw revenues increase by 0.3% to $17.2bn while net income declined by 17.4% to $1.1bn.The company said that its profits were affected by “severe winter weather in the US” ...
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NewsUPU looks to solve e-commerce postal rules dispute
UPU Director General Bishar A. HusseinThe Universal Postal Union (UPU) has proposed three options it hopes will solve the current dispute over postal rules that mean Chinese e-commerce companies pay less than their rivals in some other countries.The dispute centres around UPU rules allowing the shipping costs for small packages ...
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NewsChapman Freeborn appoints Neil Dursley as chief commercial officer
Neil Dursley, Chapman Freeborn. Source: Chapman FreebornChapman Freeborn Airchartering has appointed Neil Dursley as its chief commercial officer.His experience includes over seven years with Panalpina whom he joined in 2011. He most recently served as senior vice president government, aid and relief based in London, UK and previously held the ...
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NewsFirst US commercial cargo drone flights take off
UPS and drone maker Matternet have signed a deal to deliver medical samples via unmanned drones for healthcare company WakeMed.The first flight of the programme took place yesterday and is the first of numerous planned daily revenue flights at the WakeMed Raleigh Campus in North Carolina (NC).The flights are the ...
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UPS revenues up but profits down in Q4
UPS saw revenues increase during the fourth quarter on the back of "record shipments" but its profits took a hit as a result of pension charges.The express giant saw fourth-quarter revenues increase by 4.6% year on year to $19.8bn, but operating profits were down 2.9% on last year to $2bn ...
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UPS in the Loop to reduce single-use packaging
UPS has begun testing Loop, a reusable and returnable packaging product, in Paris and New York as a first step towards full implementation in consumer markets.The US parcels and logistics giant, which has joined forces with recycling leader TerraCycle, said that Loop “eliminates the reliance on single-use packaging for consumer ...
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UPS appoints Gilbert to newly created supply chain role
UPS has appointed Philippe Gilbert as president, Supply Chain Solutions, effective January, 2019.Gilbert will report to UPS chief operating officer Jim Barber and will be based at the company’s global headquarters in Atlanta.The UPS president, Supply Chain Solutions role is a newly created position. Gilbert will be responsible for Global ...
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European Commission 'infringed' UPS' rights by blocking TNT takeover
The European Court of Justice (ECJ) has ruled that the European Commission in Brussels infringed UPS’ rights when it stopped the US express parcel and logistics giant from buying TNT Express in 2013 for €2.2bn.A UPS spokesperson confirmed that UPS was proceeding with the process of suing the commission for ...
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Amazon Air predicted to increasingly hit FedEx/UPS revenues
A report from investment bank Morgan Stanley has warned that the market is underestimating the risk that Amazon's air network poses to UPS and FedEx.The report suggests that Amazon's network is already having an impact on the two integrator's air volumes, with more erosion expected as services are expanded further.It ...
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Index shows "slight upswing" in world trade
World trade experienced a slight upswing in recent months and reached a new high in November, while international merchandise trade has risen by 10.6% so far this year.Emerging markets and North America are the main growth drivers. Despite new tariffs on exported products, China is benefiting from the strong US ...
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Romaine Seguin named president of UPS Global Freight Forwarding
Romaine Seguin has been appointed president of UPS Global Freight Forwarding.The role will require her to oversee air, ocean and rail freight forwarding as well as brokerage and supplier management throughout the global UPS network.Seguin said: “I look forward to working with the Global Freight Forwarding team to continue addressing ...
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UPS expands investment in India
UPS has taken full ownership of its express service joint venture in India. It previously held a majority stake in the unit which exclusively serves UPS's international express small package shipping business in the country.UPS says the move to obtain full ownership, along with planned network upgrades, demonstrates the company's ...
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‘Outstanding’ quarter for UPS supply chain and freight business
UPS chairman and chief executive David Abney has praised the company’s supply chain and freight performance in Q3 2018, saying it was “outstanding this quarter, as the unit delivered double-digit growth in both revenue and adjusted operating profit”.He added that “UPS will continue to leverage our vast forwarding, customs, and ...
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UPS adds sortation capacity to cope with peak season rush
UPS has opened a new Atlanta sortation and delivery centre which can process 100,000 pieces per hour. The 1.2m sq ft facility is the integrator’s second largest ground package processing facility in the US and fourth largest package operation in its worldwide network.The hub serves primarily the southeastern US and ...
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UPS expands coverage of My Choice capability
UPS is now offering its My Choice service in Africa, the Asia Pacific region, the Indian Sub-continent, Latin America and the Caribbean, the Middle East and Oceania.My Choice allows users to control delivery dates and locations.The service includes actionable text alerts in many countries and territories. And in countries where ...
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Marken gains Brazilian approval for UPS airline pharma shipments
Marken, the UPS pharma supply chain arm, has gained approval from Brazil's health regulator ANVISA to ship biological samples from Sao Paulo's Viracopos airport to the US, using the parent group's airline.The pilot programme approved by the Brazilian authorities will permit biologic samples to depart from a second Sao Paulo ...