Tag: UPS

UPS is to invest at least Dollars 1bn in an expansion of its main air hub in Louisville, Kentucky, highlighting rapid growth in express delivery services.
Mike Eskew, UPS chief executive, said the investment was necessary to cope with the surge in parcel volumes generated by increased global trade. Express delivery companies have been taking an increasingly important role in the global economyas manufacturers and retailers shift towards super-efficient “just-in-time” supply chains. “We anticipate strong growth in global trade to continue for years to come,” said Mr Eskew.

UPS plans to increase the sorting capacity of its Louisville hub by 60 per cent to 487,000 packages an hour by 2010, with work beginning later this year.

Kentucky’s largest corporate employer, United Parcel Service, will announce today a USD1 billion expansion of its Louisville airport operations that will create thousands of new jobs, Gov. Ernie Fletcher’s office said yesterday.
Brett Hall, a Fletcher spokesman, confirmed the shipping company plans to add more than 4,000 full- and part-time jobs as part of a wide-ranging expansion. Construction of the expanded facility is expected to begin later this year and be completed by 2010. UPS spokesman Mark Giuffre would not confirm the report from Fletcher’s office, but he said UPS will hold a news conference at a company hangar at 11 am today. “We have an announcement tomorrow, but I can’t confirm anything today,” Giuffre said.