- ATLANTA, Aug. 09, 2016 (GLOBE NEWSWIRE) --
- Global trade drives new lanes in seven additional countries
- Mexico to U.S. trade lane moves from fifth to second most used1
- Customers using service grow 5-18 times faster than peers2
UPS (NYSE:UPS) today announced the latest expansion of its popular UPS Worldwide Express Freight™ service to nine new countries: Bahrain, Bangladesh, Kuwait, Malta, Morocco, Pakistan, Qatar, Sri Lanka, and Tunisia. Together with the eight additional countries added within the past year, the service is now offered in 66 origin and 64 destination countries and territories. UPS also expanded UPS Worldwide Express Freight™ service to over 2,110 zip codes in Mexico in June.
This specialized guaranteed service is designed for urgent, time-sensitive, and high-value international heavyweight shipments over 150 lbs. (70 kg.), making it ideal for customers’ product launches, inventory shortages, and equipment failure replacement parts. Since its launch in 2013, the number of businesses using UPS Worldwide Express Freight™ service has increased more than 250 percent. The service provides supply chain benefits including:
- Reduced transit times
- Improved visibility
- Reduced inventory safety stock
- Enhanced customer service levels
- Shorter order fulfilment cycles/times
UPS research has shown that customers who use UPS Worldwide Express Freight™ service have outperformed those who do not. In comparison to their peers, customers using this service have higher growth rates to international markets, evidence they consider UPS Worldwide Express Freight™ service a competitive advantage to expanding their business internationally1,2.
“Companies in the healthcare, retail and automotive industries have grown their international volume, 18, 11 and five times more, respectively, using UPS Worldwide Express Freight™ service than their peers over the last three years,” said Bill Seward, President, U.S. International Exports, UPS.
“The growth of the UPS Worldwide Express Freight™ service in a relatively short time period shows it is fulfilling a critical market need for a reliable, urgent heavy freight international shipping service. We will continue to invest in service expansions as customer and industry needs evolve,” added Seward.
Service reveals trade lane trends
Usage data of UPS Worldwide Express Freight™ service also reveals trade lane trends. The Mexico-to-U.S. trade lane shifted from the fifth most used lane in 2013 to the second most used lane in 2015, second only to the China to U.S. lane. This progression is likely due to a growth in manufacturing in Mexico, increases in e-commerce and the rise in intermodal cross-border shipments between the countries. Earlier this year, UPS announced that it has strengthened its U.S.-Mexico cross-border trade services to support growth on the U.S.-Mexico trade lane.
Leveraging UPS’s global air network and expertise in customs clearance, UPS Worldwide Express Freight™ service offers faster guaranteed palletized shipments between 60% of the key city combinations when compared to FedEx’s guaranteed palletized freight service1,2. Delivery is door-to-door and day-definite, with customs brokerage service included. Saturday deliveries are available to select U.S. and Canadian cities.
UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including transporting packages and freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. The company can be found on the web at ups.com® and its corporate blog can be found at longitudes.ups.com. To get UPS news direct, visit pressroom.ups.com/RSS.
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1 For lanes in which WWEF and FedEx International Priority Freight both compete
2 Based on weight shipments in 2015. Data from Seabury.
Jennifer Cook 404.828.4464 email@example.com