Tag: UPS

Procedure under NAFTA lets UPS attack Canada Post in Secret

Posted by | Mar 13, 2002 | |

Trade ministers from the United States, Canada and Mexico last year tried to impose greater openness on a procedure under NAFTA that allows companies to sue governments for millions in monetary damages, but the effort has so far failed. As a result, United Parcel Service Inc. is now using the procedure to attack one of its major competitors, Canada Post, in relative secrecy, angering anti-NAFTA activists and the Canadian government.

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Integrators beat the Russians to the post

Posted by | Mar 11, 2002 | |

According to a survey by Research International DHL now holds 5 1% of the Russian domestic express market, followed by TNT on 19% UPS with 10% and FedEx with 7% DHL Worldwide and TNT Russia both announced last month that their revenues grew in excess of 30% last year. while UPS recorded “double-digit” growth.
TNrs increase of 40% was the highest rate of growth among all 200 countries it operates in, according to Harro van Graafeiland, the company’s general manager.
He attributes the growth to a rapidly recovering economy and increased demand from Russian companies for reliable domestic delivery services.

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UPS, Teamsters at Bargaining Table

Posted by | Mar 10, 2002 | |

The Teamsters union and United Parcel Service Inc. are back at the bargaining table in their first major matchup since 1997, when a 15-day strike disrupted U.S. commerce and raised hopes for the renaissance of organized labor. The negotiations pit a storied union against one of the nation’s largest employers, raising issues familiar to many American workers: rising health-care costs, part-time work and the recessionary drag on wages

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UPS to start providing financial services in Mexico

Posted by | Mar 8, 2002 | |

United Parcel Service (UPS), the largest parcel delivery company in the world, will start supplying financial services for medium-sized Mexican companies through First International Bank (FIB), a company of UPS Capital. First International Bank will supply financial services, such as loans with government guarantees, financing for equipment, capital job loans and financing of imports and exports.

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