Early in its effort to build a global delivery network, UPS learned an important lesson: nobody knows more about the business and culture of a country than the people who live there.
After recognizing some missteps in sending American managers overseas, UPS adopted a new approach, explained UPS Chief Operating Officer Tom Weidemeyer.
Read MoreCongress is considering legislation that would reinforce restrictions on foreign ownership of US airlines, in an attempt to ensure business for US carriers.
The Senate spending bill for the Federal Aviation Administration (FAA) includes language that would specify that US carriers should be controlled by US citizens.
The move comes as DHL Airways, part-owned by Deutsche Post, tries to convince the Department of Transportation (DOT) that it is not “effectively” foreign-owned. “If the present arrangement is allowed to stand, the Department of Transportation will set a precedent that allows foreign governments to compete with US companies for business which, by statute, is reserved to US carriers,” said Ted Stevens, the Alaska Republican who sponsored the language in the Senate bill.
Read MoreOne month after Deutsche Post World Net announced plans to acquire the ground operations of Seattle-based Airborne Express Inc., shoe and apparel maker Nike Inc. informed United Parcel Service it was switching to the German delivery giant to move its European shipments.
According to UPS officials, Nike said it changed logistics companies because Deutsche Post offered rates 10 percent below those of UPS.
The loss of the $8-million account for standard, express and return logistics service adds fodder to the battle between global logistics integrators UPS, FedEx and Deutsche Post for global market share and access. And it reinforced the belief held by the U.S. integrators that Deutsche Post’s low package rates are being subsidized by its postal business and other state aid.
Read MoreUPS Jetair Pvt Ltd — a 60:40 joint venture between United Parcel Service (UPS) and Jetair — is set to introduce an electronic payment facility that promises to simplify financial transactions in international trade.
The trade finance facility called Exchange Collect was developed by UPS — the largest package distribution company in the world. It reduces the risks of dealing with new or unknown customers, and ensures that an exporter receives payment within 10 days of delivery.
Read MoreIn a significant jump from the previous year, UPS has been ranked No. 20 on the 2003 list of “Best Places to Work in IT” by Computerworld magazine.
The ranking, up from No. 60 in 2002, cited UPS for increased employee satisfaction, proper training and development and the use of modern technologies that offer employees exciting challenges. The magazine published the results in its June 9 issue.
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