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
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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
Healthy Q1 for UPS, Asia export growth offsets US softness
UPS today announced its first-quarter 2016 international operating profit increased 15 per cent to US$574 million. Total revenue was $14.4 billion, up 3.2 per cent over the same quarter last year. Revenue growth was slowed by lower fuel surcharges and currency exchange rates, the company said. On a currency-neutral basis, revenue increased 3.7 per cent. Lower fuel surcharge rates reduced revenue growth by approximately 150 basis points. "The major Asian economies are showing signs of … [Read more...] about Healthy Q1 for UPS, Asia export growth offsets US softness
Brazil quashes UPS appeal over FedEx’s TNT takeover
FedEx Corporation has gained approval from Brazil's anti-trust authorities as the Conselho Administrativo de Defesa Econômica (CADE) has rejected a third-party appeal filed by United Parcel Service over the takeover. UPS appealed after Brazil unconditionally approved the $4.8 billion deal in February. FedEx has already obtained regulatory approval from anti-trust bodies in the EU, and the US while it is still in pursuit of a similar green signal from authorities in China. The consolidation … [Read more...] about Brazil quashes UPS appeal over FedEx’s TNT takeover
Brazil quashes UPS appeal over FedEx's TNT takeover
FedEx Corporation has gained approval from Brazil's anti-trust authorities as the Conselho Administrativo de Defesa Econômica (CADE) has rejected a third-party appeal filed by United Parcel Service over the takeover. UPS appealed after Brazil unconditionally approved the $4.8 billion deal in February. FedEx has already obtained regulatory approval from anti-trust bodies in the EU, and the US while it is still in pursuit of a similar green signal from authorities in China. The consolidation … [Read more...] about Brazil quashes UPS appeal over FedEx's TNT takeover
UPS expands Express service to 23 more countries
Parcel delivery and logistics provider UPS has expanded its Worldwide Express package service to 23 additional countries and territories, creating an earlier guaranteed-delivery option for customers in locations that previously had only end-of-day guarantees. The 23 new destinations include Colombia, Saudi Arabia, Ukraine, Vietnam, Guatemala, Oman, Serbia, Macau, Honduras, Morocco, Jersey, Ecuador, Tunisia, Guernsey, Bermuda, Sri Lanka, Montenegro, Trinidad & Tobago, Jamaica, Bahamas, … [Read more...] about UPS expands Express service to 23 more countries
