UPS Romanian arm eyes 20 per cent H/H rise in H2 turnover due Nov, Dec peak months

Trans Courier Service (TCS), the Romanian agent of U.S. delivery company United Parcel Service (UPS), said on Tuesday it expects its turnover to rise by 20 per cent in the second half of the year, compared to the first six months, because of higher number of orders in November and December.

“This rise is based on the bigger volume of orders that we expect in the second half, having in mind that November and December are peak months in UPS operations,” UPS country manager for Romania, Vasile Cretu, said in a statement.

The authorised UPS service contractor for Romania, Trans Courier Service (TCS) did not provide turnover figures.

TCS reported a 30 per cent year-on-year rise in its first-half net profit. Its turnover rose by 25 per cent on the year in the first half, the company said.
UPS’ competitors in Romania include TNT Romania and DHL International Romania.
The Romanian international delivery market is estimated at around 50 million euro (USD63 million).