UPS announced a series of service enhancements across five cities in Korea as well as expanded capacity at its Incheon facility to better serve businesses wanting to bettercapitalize upon cross-border import and export opportunities. As speed-to-market is a crucial element for success in a competitive and fast-paced environment, businesses from selected postal codes in Gyeongsan(295), Gwangju(1,002), Ulsan(627), Jeonju and Iksan(186) can now enjoy a one-day transit time improvement for export … [Read more...] about UPS improves transit time and expands facility in korea
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UPS commits to purchase additional 747-8F freighters
UPS announced it has ordered 14 Boeing 747-8 cargo jets and four new Boeing 767 aircraft to provide additional capacity in response to accelerating demand for the company’s air services. All of the new aircraft will be added to the existing fleet and no existing aircraft are being replaced. The aircraft will be delivered on an expedited schedule, building on the company’s 2016 order of 14 Boeing 747-8 freighters. All 32 of the jets will be delivered by the end of 2022, adding more … [Read more...] about UPS commits to purchase additional 747-8F freighters
UPS and SF receive regulatory approval in China
UPS and SF Holding have announced approval of their planned joint venture by China’s Ministry of Commerce (MOFCOM). The jv enables them to collaborate on development and provision of international delivery services from, China to the U.S. initially, and to other trade lanes in the future. The JV approval is a positive development for international trade and allows the two leading companies to leverage their complementary networks, service portfolios, technologies and logistics … [Read more...] about UPS and SF receive regulatory approval in China
UPS places order for 14 B747-8 Freighters
UPS and Boeing today announced that the US-based integrator has ordered 14 new B747-8 Freighters, worth US$5.3 billion at list prices, to meet increased demand for the company’s express services. The agreement also includes an option to purchase an additional 14 aircraft. UPS said the B747-8s will enable it to begin a cascade of aircraft route reassignments that will add significant air capacity to the company’s busiest trade lanes, "thereby optimising global air network capacity well beyond … [Read more...] about UPS places order for 14 B747-8 Freighters
UPS expands its Worldwide Express Plus service
UPS today announced the expansion of its earliest morning package delivery service, UPS Worldwide Express Plus to include 28 new countries, including Vietnam, Thailand, Mexico and United Arab Emirates. The Express product will also see enhanced service to cover more postal codes in 25 existing countries including Singapore, China, Japan, Korea, Hong Kong, India, Canada and the UK. Shippers can reach the top 20 economies in the world earlier than ever before, according to UPS. Businesses in … [Read more...] about UPS expands its Worldwide Express Plus service
UPS partners on Rwanda drone network for humanitarian delivery
The UPS Foundation today announced a partnership with Zipline, a California-based robotics company, and Gavi, the Vaccine Alliance, to explore using drones to transform the way life-saving medicines like blood and vaccines are delivered across the world. To the support the initiative UPS has awarded a US$800,000 grant to support the initial launch of this initiative in Rwanda. All too often, UPS notes, critical health products spoil or fail to reach the individuals who urgently … [Read more...] about UPS partners on Rwanda drone network for humanitarian delivery
