UPS: cutting transit time for US ground packages
UPS Inc. (UPS), the world’s largest shipping carrier, says it is shortening the amount of time it takes to deliver ground packages to major cities across the United States.
The Atlanta company said Monday it has made improvements to its ground network over the past several months that are accelerating the transit times of more than a half-million packages nationwide by one day or more.
The improvements revolve around lanes between certain major metropolitan areas.
For example, shipments between New York and Dallas now are guaranteed to arrive in three business days instead of four. Shipments between Washington, D.C., and Denver also now are guaranteed to arrive in three business days instead of four, while ground shipments between Atlanta and New York will take two business days instead of three, the company said.
The other major cities where the company has upgraded its network are Baltimore, Boston, Chicago, Cincinnati, Los Angeles, Philadelphia and San Antonio. The company said the changes will have a ripple effect on other cities as well.
Shares of the shipper rose 32 cents, or 0.4%, to $75.84 on volume of 1.5 million.
(END) Dow Jones Newswires