Tag: UPS

UPS to open 500 branches of Mail Boxes Etc in Spain

Posted by | Mar 29, 2004 | |

UPS, the US courier group, plans to open 500 branches of its Mail Boxes subsidiary in Spain in three years. The subsidiary, bought three years ago, specialises in postal services and office and stationery products, and has 4,600 outlets worldwide and 97 in Spain. UPS does not provide its profit and turnover figures in Spain, where it has had a presence since 1990. According to the Spanish companies’ register however, sales in 2002 were 114.5m euros, up 12.37 per cent.

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US UPS once again features in WBENC’s Elite Eleven

Posted by | Mar 25, 2004 | |

For the fifth consecutive year, UPS has been named among America’s Top Corporations for Women Business Enterprises by the Women’s Business Enterprise National Council (WBENC), the leading third-party certifier of businesses owned and operated by women. UPS’s inclusion in the WBENC’s Elite Eleven highlights the company’s effort to provide opportunities to women- and minority-owned businesses. In 2003, UPS spent more than USD187 million with women- and minority-owned companies.

UPS has ranked among WBENC’s Top Corporations since the lists’ inception in 1999.

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Express Postal COs expect no competition change in Latvia after EU Accession

Posted by | Mar 24, 2004 | |

The largest express postal companies operating in Latvia expect no significant change in competition once the Baltic state joins the EU on May 1 this year.

Baltic Logistic System CEO Julija Moreva said that all the potential competitors are already present on the Latvian market “and expecting a rise in the amount of shipments, there will be enough work for everyone.”

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FedEx Russian Fiasco Opens Doors for Competitors

Posted by | Mar 23, 2004 | |

FedEx is struggling to keep its Russian operations afloat after moving airports and replacing its longtime local agent in December — just days before a sweeping new customs regime came into force. In a snarl-up that has yet to be fully unwound, thousands of FedEx packages became marooned at Domodedovo Airport, calling into question the company’s membership in the “Big Four” club of express delivery providers in Russia, while simultaneously opening the door to upstart domestic companies. Express delivery companies are notoriously tight-lipped about the financial side of their operations, and there is little independent research about their activities that can be considered authoritative, making it difficult to gauge turnover and trends. But by most accounts, the industry has grown between 25 percent and 40 percent per year over the last three years, and just four Western companies — Dutch TNT, Brussels-based DHL and American UPS and FedEx — account for most of the action.

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Courier companies to invest Pesos 800mil this year in Mexico

Posted by | Mar 22, 2004 | |

The package and mail courier companies who operate in Mexico, such as Aeromexpress Cargo, Airborne, DHL, Fedex, UPS, Servicio Continental de Mensajeria and Pegaso are planning to invest Pesos 800mil this year in equipment updating , says the industry organization, ANMEC (Asociacion Nacional Mexicana de Empresas Courier).

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