Lower Cost Logistics Likely to Drive UPS’ Freight Delivery Business - Trefis
United Parcel Service (NYSE:UPS) is trying to capitalize on the shift in customer preference towards economical means of shipping freight and packages. UPS recently announced the addition of a low-cost rail solution for transporting full container loads (FCL) between China and Europe. The adoption of the low-cost rail service and improving trade relations between China and Europe, should help drive UPS’s freight volume and revenues.
United Parcel Service (NYSE:UPS) is trying to capitalize on the shift in customer preference towards economical means of shipping freight and packages. UPS recently announced the addition of a low-cost rail solution for transporting full container loads (FCL) between China and Europe. The adoption of the low-cost rail service and improving trade relations between China and Europe, should help drive UPS’s freight volume and revenues.