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Industry News

FedEx completes massive European takeover – Memphis Business Journal

After months of approvals from multiple regulatory bodies across three continents, FedEx Corp. has closed its purchase of TNT Express.

With the closing, FedEx will expand its portfolio in the European market.

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UPS Press Release

16-Year UPS Veteran Daryl Tay Appointed Managing Director of UPS Vietnam

New Managing Director’s strong vertical industry expertise poised to lead UPS Vietnam to higher growth

UPS (NYSE:UPS) announced the appointment of Daryl Tay as the Managing Director of UPS Vietnam. With 16 years of experience in UPS, Tay will lead UPS’s express delivery, freight and logistics operations in Vietnam.

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UPS Press Release

UPS Named To Dow Jones Sustainability World Index For Fourth Consecutive Year

Named to DJSI North America Index for 12th Straight Year

UPS (NYSE: UPS) was named to the Dow Jones SustainabilityTM World Index (DJSI World) for the fourth consecutive year and the Dow Jones SustainabilityTM North America Index for the 12th straight year. These indices are among the most highly-regarded metrics that evaluate global companies on their sustainability performance and positions UPS in the top 10 percent of sustainability performers among the 2,500 largest companies tracked in the S&PTM Global Broad Market Index.

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UPS Press Release

UPS Introduces Collect On Delivery Service In Russia

Customers from Kaliningrad to Vladivostok can pay their UPS driver for their goods

UPS (NYSE: UPS) announced today the expansion of collect on delivery (COD) service in Russia. Customers will be able to pay their UPS driver directly for their goods in nearly 400 cities and metropolitan areas throughout the Russian Federation.

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UPS Press Release

UPS Announces U.S. Rate Changes

Effective December 26, 2016, the UPS U.S. Ground service Daily rate will increase by an average net 4.9 percent. Daily rates for UPS U.S. Air and International services will increase an average net 4.9 percent. UPS Air Freight rates within and between the U.S., Canada and Puerto Rico, will increase an average net 4.9 percent, also effective December 26, 2016. Further, UPS Freight announced an average net 4.9 percent general rate increase effective September 19, 2016.