New UPS CEO plans expansion in emerging markets, services

Discussion in 'The Latest UPS Headlines' started by cheryl, Jun 7, 2014.

  1. cheryl

    cheryl I started this. Staff Member

    New UPS CEO plans expansion in emerging markets, services - Reuters

    The incoming head of United Parcel Service Inc said on Friday the world's largest parcel delivery company will continue investing to build capacity in emerging markets and to expand its services, especially in healthcare, its fastest-growing segment after e-commerce.

    Chief Operating Officer David Abney, 58, named on Friday to succeed Chief Executive Scott Davis on Sept. 1, also said the company would make acquisitions to build its capabilities overseas, and didn't rule out large deals.

    Expansion in emerging markets is "our number one priority," Abney said in a telephone interview.
  2. Monkey Butt

    Monkey Butt Fore Runner Staff Member

    Emerging markets has nothing to do with US Domestic packages. :sweating:
  3. wkmac

    wkmac Well-Known Member

    UPS is about to spend $3 to $4 mil just for this peak season at our building. Rumors are flying about longer term but needless to say, billions will likely be spent domestically over the next decade just for small package if the current market trends hold true.
  4. bagpipes

    bagpipes Member

    They do if the shipments are international packages imported to the US.

    Sent using BrownCafe App
  5. Monkey Butt

    Monkey Butt Fore Runner Staff Member

    "US Domestic packages" was what I referenced.
    I understand the US based work process and force are interrelated with International shipments.
  6. ups1990

    ups1990 Well-Known Member

    " Pharmacists at UPS's hub" I had to read this sentence twice. Wow! What else does this massive hub hold?
  7. brownrod

    brownrod Active Member

    NEW UPS CEO Announces 2 Billion Software Project called MatrixMatics.

    "With Matrixmatics we expect to fix the inefficiencies in the wildly successful Orion software and set ourself up for future necessary billion dollar software projects"