Elliott Management Takes $1 Billion Stake in Lululemon, Pushes for Leadership Change 
Italy Fines Apple €98.6 Million Over App Store Dominance 
Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role 
Volaris and Viva Agree to Merge, Creating Mexico’s Largest Low-Cost Airline Group 
Niigata Set to Approve Restart of Japan’s Largest Nuclear Power Plant in Major Energy Shift 
Delta Air Lines President Glen Hauenstein to Retire, Leaving Legacy of Premium Strategy 
Toyota to Sell U.S.-Made Camry, Highlander, and Tundra in Japan From 2026 to Ease Trade Tensions 
Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law 
Seatrium Reaches $475 Million Settlement With Maersk Over Offshore Wind Vessel Project 
Nike Shares Slide as Margins Fall Again Amid China Slump and Costly Turnaround 
Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions 
Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz 
Google and Apple Warn U.S. Visa Holders to Avoid International Travel Amid Lengthy Embassy Delays 
AstraZeneca’s LATIFY Phase III Trial of Ceralasertib Misses Primary Endpoint in Lung Cancer Study 
Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy 
Roche CEO Warns US Drug Price Deals Could Raise Costs of New Medicines in Switzerland 
Harris Associates Open to Revised Paramount Skydance Bid for Warner Bros Discovery 
- ATLANTA, Oct. 12, 2016 --
- Earlier morning delivery now available in 28 new countries and enhanced in 25 existing countries
- New country examples: Turkey, Mexico, Vietnam, and United Arab Emirates
- Expanding reach in select existing countries: Canada, China, India and the UK
UPS (NYSE:UPS) today announced the expansion of its earliest morning package delivery service, UPS Worldwide Express Plus™. By expanding its reach to 28 new countries and enhancing service to cover more postal codes in 25 existing countries, shippers can reach the top 20 economies in the world1 earlier than ever before.
Businesses in the industrial manufacturing, automotive, healthcare and retail industries use the service for urgent shipments. The UPS Express Plus service offers guaranteed delivery on the next business day as early as 8:00 a.m., depending on the destination.
In the 25 existing countries, shippers can reach more customers in many global business centers. The service is not limited to the largest cities. This expansion now makes the service available in 3,000 additional postal codes in the United Kingdom and 2,000 more postal codes in Canada.
“Companies that require spare parts quickly to keep operations running, and healthcare customers shipping emergency products rely on the speed and dependability of the service,” said Jim Barber UPS International President. “With this latest expansion, the coverage area comprises nearly 90% of the global gross domestic product and nearly 90% of global real imports.”
Europe adds 19 countries with the greatest expansion of service in emerging economic centers including Romania, Turkey and Serbia. Romania is projected to be the fastest growing economy in Eastern Europe this year.2
Expanding early morning delivery in Paris, London and Milan will benefit luxury goods retailers that demand quick turnarounds between their design, sampling, production and fulfillment cycles.
J.Hilburn, a luxury menswear brand, uses the UPS Worldwide Express Plus service for their inbound shipments of made-to-measure suits and custom shirts from Portugal and Malaysia to the U.S. “Before using UPS Worldwide Express Plus, we couldn’t start processing customer orders until midday. Now with the earlier delivery we can get our product in and out in the same day,” said Wayne Davis, Logistics and Operations Director, J. Hilburn. “Having consistent delivery is a game changer.”
Mexico is the United States’ second largest export market, and the fourth largest exporter of automobiles globally. Automotive customers depend on the UPS Worldwide Express Plus service for critical parts used in production lines.
In Vietnam where apparel exports values grew 9% last year, retail customers will be able to process manufactured garments, samples and accessories earlier in the day.
UPS Worldwide Express Plus is part of the broader UPS Express™ shipping portfolio, which offers the most international guaranteed time-of-day delivery options that include routine customs clearance.
The UPS Express shipping portfolio features:
- UPS Worldwide Express Plus for early-morning delivery to 56 countries
- UPS Express for midday delivery to 118 countries and territories
- UPS Express Saver for end-of-day delivery to 220 countries and territories
Through 2019, UPS plans to invest $2 billion in European operations to expand destinations, enhance time in transit, and increase overall capacity.
About UPS
UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including transporting packages and freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. The company can be found on the web at ups.com® and its corporate blog can be found at longitudes.ups.com. To get UPS news direct, visit pressroom.ups.com or follow @UPS_News.
1 International Monetary Fund
2 Focus Economics, September 2016
Natalie Godwin-Norrington 404-828-7123 [email protected]
