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CommentWire
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Volvo Logistics hopes to establish a more solid partnership through dealing with both SAS Cargo and Schenker International directly in a new airfreight contract. The three-way arrangement should demonstrate that co-operation between freight forwarders and air carriers can improve efficiency and reliability.
Published By Datamonitor
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17 Jul 2003 |
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CommentWire
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US express and parcel giant UPS [UPS] has launched an aggressive plan to expand its express and logistics operations in southeast Asia. The move highlights the importance of the region for international freight-forwarding players, with China - as ever - the key country in which to establish a strong foothold.
Published By Datamonitor
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08 Apr 2005 |
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CommentWire
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UPS [UPS] has formed a joint venture with the Vietnam Post and Telecommunications Corporation (VNPT) to expand its business in the Southeast Asian nation. Trading activity in the Asian region is on the increase, but UPS is facing fierce competition in many countries. UPS is keen to establish a strong foothold in the emerging market of Vietnam before its competitors do.
Published By Datamonitor
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22 Aug 2003 |
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CommentWire
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A deal for 100% ownership of its joint venture with local partner and market leader, Sinotrans, will provide United Parcel Service with direct control of its international express operations in China. UPS is seeking to develop its presence in China to capitalize upon booming demand and fend off fierce competition from its international rivals.
Published By Datamonitor
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06 Dec 2004 |
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CommentWire
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UPS' overall Q4 results show that the company repositioned itself well in 2009 and is now reaping the rewards of its recent investments in its international division, with strong growth being achieved due to high cross-border volumes. The firm must take careful action to ensure that this positive trend continues into 2010.
Published By Datamonitor
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05 Feb 2010 |
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CommentWire
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United Parcel Service [UPS] has opened three new warehouse and distribution centers in China, and announced that it will open another 20 facilities in the country over the next two years. With its domestic package business currently stagnating, UPS is clearly determined to capitalize on the opportunities available in China - but it will not go unopposed by its closest rivals.
Published By Datamonitor
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10 Feb 2005 |
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CommentWire
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Published By Datamonitor
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01 Feb 2001 |
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CommentWire
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International business seems to be booming for UPS, as it has recorded Q4 revenues of $1.3 billion, up 17% from the same period last year. As export revenue increased 20% from 2001, the international sector's operating profit increased by 133%. UPS needs continued strong growth in its overseas sector to ease the pressure on its flagging domestic market in 2003.<BR />
Published By Datamonitor
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10 Feb 2003 |
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Published By Datamonitor
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02 Apr 2001 |
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Published By Datamonitor
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23 Nov 2000 |
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