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The Latest UPS Headlines
Package Shippers Eye Cross-Border Ecommerce As Key Emerging Market
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<blockquote data-quote="cheryl" data-source="post: 839831" data-attributes="member: 1"><p><strong>Package Shippers Eye Cross-Border Ecommerce As Key Emerging Market - Wall Street Journal</strong></p><p></p><p>Big package shipping companies like FedEx Corp. (FDX) and United Parcel Service Inc. (UPS) are forecasting a surge in international online retailing while working to avoid pitfalls that, for some, turned explosive growth in U.S. ecommerce into a low-margin commodity delivery business.</p><p></p><p>Cross-border ecommerce is expected to account for more than half of the online retail sector within two years, but an estimated 50% of U.S. retailers do not currently sell anything internationally over the Internet.</p><p></p><p>"The world is buying more online, so it's a huge opportunity for us," said Kate Gutmann, president of worldwide sales at UPS, which launched a global ad campaign--and now-ubiquitous jingle--last September around its logistics offerings for small and medium-sized businesses.</p></blockquote><p></p>
[QUOTE="cheryl, post: 839831, member: 1"] [B]Package Shippers Eye Cross-Border Ecommerce As Key Emerging Market - Wall Street Journal[/B] Big package shipping companies like FedEx Corp. (FDX) and United Parcel Service Inc. (UPS) are forecasting a surge in international online retailing while working to avoid pitfalls that, for some, turned explosive growth in U.S. ecommerce into a low-margin commodity delivery business. Cross-border ecommerce is expected to account for more than half of the online retail sector within two years, but an estimated 50% of U.S. retailers do not currently sell anything internationally over the Internet. "The world is buying more online, so it's a huge opportunity for us," said Kate Gutmann, president of worldwide sales at UPS, which launched a global ad campaign--and now-ubiquitous jingle--last September around its logistics offerings for small and medium-sized businesses. [/QUOTE]
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