Tag: UPS

Express industry welcomes release of ITC study

The Air Courier Conference of America (ACCA) welcomed the release of a study on the express delivery services industry by the U.S. International Trade Commission (ITC). The report concluded that U.S.-based express delivery services suppliers encounter a range of trade barriers in foreign markets and that initiatives such as postal reform, trade negotiations, and improvements in customs practices could improve the industry’s competitiveness in foreign markets.

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UPS Store records first-year success

One year after launching a historic re-branding campaign, The UPS Store network has generated triple-digit growth in UPS shipping volume and added more than 300 new stores for a total of 3,300 locations. This achievement has led franchisor Mail Boxes Etc., Inc. and its parent company, UPS, to set a goal of expanding The UPS Store network to 5,000 locations in the United States by 2007, including innovative concepts in under-served areas such as urban neighborhoods, Free Enterprise Zones, college campuses and military bases.

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UPS will settle big US lawsuit

United Parcel Service Inc. will soon be giving away tens of millions of dollars in free shipping as part of its settlement of a class-action lawsuit that alleged the company overcharged for package insurance over the past two decades.

Atlanta-based UPS is offering customers who are part of the lawsuit vouchers for UPS service — some worth up to USD8,000 apiece — if they can prove they bought the “excess value” package insurance from UPS going as far back as 1984.

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UPS awarded six additional flights to Hong Kong

The U.S. Department of Transportation has awarded UPS the authority to operate six additional flights between Hong Kong and its intra-Asia air hub in the Philippines via Singapore, expanding capacity between three important trade markets. The new authority will enable UPS to provide twice daily service between Hong Kong and the Philippines, as well as direct air service between the key markets of Hong Kong and Singapore. The new flights will begin in October.

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Bob Stoffel named to lead all of UPS’s supply chain businesses

Bob Stoffel, who helped lead the development of UPS’s global supply chain capabilities, has been promoted to the company’s Management Committee to succeed the retiring Joe Pyne as senior vice president for the Supply Chain Group. Stoffel, 48, currently is the head of UPS Supply Chain Solutions, the largest of the four business units that comprise the Supply Chain Group of UPS’s non-package companies. He oversaw the integration of 16 acquired companies that were added in recent years to UPS Supply Chain Solutions, and also led the unit to profitability.

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