ups
Jim Barber is to take over as president of UPS International at the end of April from Dan Brutto, who is retiring. Barber will also join UPS's Management Committee of the company's 10 most senior executives. Barber joined UPS in 1985 and has been a senior executive on the international management team since 2004. He has served in key operational and financial positions, including president of the UK & Ireland ...
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UPS says it is tripling coverage of its Worldwide Expedited air service. It now offers delivery in two-to-five business days to more than 220 countries and territories.It describes it as “a more economical, less time sensitive service that has many of the same benefits as its Worldwide Express service, including ...
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UPS’s logistics and distribution business has signed a deal with Jabil Aftermarket Services to provide reverse logistics solutions for return and repair programs to high-tech original equipment manufacturers, service providers and enterprises. UPS will bring its warehousing, transportation, returns management and trade compliance expertise and Jabil reverse logistics planning, repair ...
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UPS has launched a new Access Point network in the UK as an alternative to home delivery for consumer customers. There is a choice of 600 delivery and return locations such as convenience stores, petrol stations and newsagents. It follows UPS's purchase, in February 2012 , of Belgian-based business to ...
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UPS shrugged off its disappointment over its failed takeover of TNT to announce record earnings per share in the fourth quarter of 2012 of $1.32 and $4.53 respectively, led by a strong US domestic performance. UPS chairman and CEO Scott Davis said that while “2012 presented its challenges, most notably weak global ...
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The European Union formally vetoed UPS's planned takeover of rival TNT Express on 30 January. UPS's divestment plan was insufficient, said Competition Commissioner Joaquin Almunia. UPS had already announced that it was abandoning its takeover plan in the face of Brussels' opposition.
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UPS has abandoned its bid to take over Dutch-owned express rival TNT Express in the face of opposition from Brussels. The US-based parcels giant said on 14 January that it had learned that the European Commission was working on a decision to prohibit the proposed acquisition.
UPS had already submitted proposed “remedies” ...
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UPS and TNT Express said they would sell assets and open up their air networks on 30 November in a bid to assuage Brussels regulators in their bid to get approval for their planned merger. However, the express delivery companies gave few other details. According to press reports, UPS has ...
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UPS and TNT said on 19 October that they have received a Statement of Objections (SO) from the European Commission (EC) over the competitive effects of their intended merger on the international express small package market in Europe.
In a statement, the two carriers described the SO as a normal step ...
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Tough domestic economic conditions are forcing UK businesses to look overseas for growth, according to a joint study by logistics company UPS and the Centre for Economics and Business Research (Cebr), published on 12 October.
However, the economy remains very reliant on mature export markets and there has been relatively little ...
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