UPS Capital Purchases the Insured Parcel Services Business of G4S International Logistics

Discussion in 'UPS Pressroom News' started by ROBO MOD, Jul 16, 2015.


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    Deal Expands International Security and Protection for High-Value Parcel Shippers

    UPS Capital®, a subsidiary of UPS® (NYSE:UPS), which provides supply chain financial, insurance and payment solutions, today announces that it is purchasing the Insured Parcel Services (IPS) business of G4S International Logistics (G4Si), the logistics arm of G4S, the world’s leading global integrated security company. UPS Capital recently acquired Parcel ProTM, the leading logistics provider to the high-value jewelry, wristwatch and collectibles industries. With this acquisition, IPS customers will have access to enhanced service offerings through Parcel Pro’s secure logistics solutions, including higher insured value limits, expanded international coverage and superior technology.

    “G4Si IPS and Parcel Pro are both players in the secure transportation of luxury, high-value jewelry, which is an industry segment that UPS Capital and UPS are dedicated to serving,” says Ronald Chang, president of UPS Capital. “This acquisition complements and strengthens our commitment to provide high-value parcel shippers with increased supply chain risk mitigation capabilities and enhanced services across the globe, including the United Kingdom, Germany, Thailand, the United Arab Emirates and Hong Kong.”

    Customers of the Insured Parcel Services unit of G4Si that is being acquired by UPS Capital will continue to receive the excellent service and protection they have come to expect. They will benefit from everything UPS Capital and Parcel Pro bring to the table, including significantly enhanced technology capabilities, such as mobile apps, API (application program integration) and risk management web tools. They also will receive coverage up to $150,000 per package in the United States and up to $100,000 in other select countries.

    For more information about the acquisition of G4Si and shipping high-value parcels, visit and follow UPS Capital on Linkedin ( and Twitter (@UPSCapital).

    About UPS Capital

    Nobody understands transportation and logistics like UPS. And while you’ve probably never thought of a UPS company for financing and insurance services, the global supply chain expertise of UPS Capital uniquely positions us to help protect companies from risk and leverage cash in their supply chains. Insurance companies and banks can’t say that. UPS Capital and its affiliates have offices throughout the United States, as well as operations in Asia, Europe and Latin America.