Tag: UPS

UPS Predicts Settlement with Teamsters

Posted by | Apr 10, 2002 | |

United Parcel Service Inc. chief executive Michael Eskew on Wednesday said he was confident the express delivery company could reach agreement on a new contract with the Teamsters, representing 220,000 workers outside the company’s airline division, by a July 31 deadline. ‘We know we have the best people in the business and we’d like to give them a fair contract going forward, but we’d also like to have the ability to grow our business over the long term,’ Eskew told Reuters in an interview.

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UPS Cancels Online Delivery Service

Posted by | Apr 8, 2002 | |

United Parcel Service is discontinuing OnLine Courier, the electronic delivery service that had enabled customers to send critical, time-sensitive documents via the Internet.
In an announcement on its Web site, the package delivery company said that effective September 1, customers will no longer be able to send e-packages or access information to track previously sent packages.
The U.S. Postal Service discontinued a similar service earlier this year, according to a spokesperson.

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UPS sees HK as key hub

Posted by | Apr 8, 2002 | |

UNITED Parcel Service (UPS), the United States express cargo company, is planning to make Chek Lap Kok its Asian hub for its flights to Europe in a move that will strengthen Hong Kong’s role as the region’s airfreight centre. Charles Adams, UPS Asia-Pacific president, told the Hong Kong iMail: “Hong Kong is a good place for Europe because there is more volume.” Speaking after the opening of the UPS transshipment hub at Diosdado Macapagal international airport (DMIA), formerly Clark airbase, about 80 kilometres north-west of Manila, Adams said UPS would use DMIA to consolidate European-bound freight from Southeast Asia. Planes would then transport this express freight to Chek Lap Kok “where we would mix it with Hong Kong cargo and match up with the rest of volumes from north Asia

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UPS profits soar on direct cargo flights

Posted by | Apr 5, 2002 | |

UNITED Parcel Service (UPS), the United States cargo and airfreight giant, is eyeing additional traffic rights for direct cargo flights between China and the US after revenues topped US$200 million (HK$1.56 billion), double its forecasts, in the first year of operations.
UPS president Ronald Wallace said that when the six direct China-US services were launched on April 3, 2001, “we projected to break even in a year”.
But he added: “We broke even in seven months, exceeding volume and profit projections. From forecasts of US$100 million in revenue we have gone to well over US$200 million revenue in a year.

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UPS opens Asia hub in Philippines

Posted by | Apr 4, 2002 | |

UPS opened its intra-Asia air hub in the Philippines, a
central sorting point within four hours from major Asian
cities.

The intra-Asia hub opens one year after UPS began direct
flight service between the United States and China. That
service has exceeded the company’s expectations for revenue,
volume and profitability, UPS stated.

Located at the former Clark United States Air Force Base near
the Diosdado Macapagal International Airport, UPS can use a
23,000-square-foot hub.

Recent studies by the Association of Southeast Asian Nations
project a 7-to-18 percent increase in air cargo traffic in
Southeast Asia over the next 20 years.

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