Tag: UPS

USPS fires at FedEx and UPS commercial market

Posted by | Feb 14, 2002 | |

The United States Postal Service took aim at the multi-billion corporate market dominated by FedEx Corp. and United Parcel Service by introducing a new program offering discount rates for small package delivery. “Competition is good for the consumer, but is this a level playing field?” said John Flick, a spokesman for UPS, which has long complained that the Postal Service uses its domestic monopoly to subsidize its international offerings. Greg Rossiter, a spokesman for FedEx, declined to comment directly on the Postal Service move, but said customers consider not only price but quality.

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UPS looks to European expansion

Posted by | Feb 4, 2002 | |

UPS, the US parcel delivery group, is looking for acquisitions in the consolidating European market, according to Mike Eskew, its new chairman and chief executive.
“We are going to be opportunistic and strike when we need,” Mr Eskew said in an interview at the World Economic Forum in New York. “We will look for goods, information and funds-type acquisitions.”

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UPS increases operations in Brazil

Posted by | Jan 30, 2002 | |

UPS (United Parcel Service) had a 10% increase on the operations in Brazil in the last quarter of 2001. However, the company still has a very modest position Latin America, especially Brazil.

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Alan Gershenhorn Named UPS Canada President

Posted by | Jan 22, 2002 | |

United Parcel Service (NYSE:UPS) today
announced that Alan Gershenhorn, a 23-year veteran of UPS, has been promoted
to president of UPS Canada. Gershenhorn, will be responsible for all UPS
operations in Canada, where UPS has been operating since 1975.
In his new role, Gershenhorn will draw on his extensive experience to
drive UPS Canada as an enabler of global commerce.

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