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UPS Korea Fact Sheet

FOUNDED August 28, 1907, in Seattle, Washington., USA
ESTABLISHED IN KOREA 1988
WORLD HEADQUARTERS Atlanta, Ga., USA
ASIA PACIFIC HEADQUARTERS Singapore
MANAGING DIRECTOR J.K. Rah
WORLD WIDE WEB ADDRESS UPS.com/kr
HEADQUARTERS UNITED PARCEL SERVICE KOREA Co.,Ltd,94-3, Mullae-Ro, Youngdeungpo-Gu, Seoul, Korea (150-836)
GLOBAL VOLUME & REVENUE  
  2013 REVENUE US$55.4 billion
  2013 DELIVERY VOLUME 4.3 billion packages and documents
  DAILY DELIVERY VOLUME 16.9 million packages and documents
  DAILY U.S. AIR DELIVERY VOLUME 2.3 million packages and documents
  DAILY INTERNATIONAL VOLUME 2.5 million packages and documents
POINTS OF ACCESS 11 (including MBE)
EMPLOYEES More than 522 in Korea; 395,000 worldwide
DELIIVERY FLEET 124 package vans, trucks, box trucks, trailers and vans and motorcycles
UPS FLIGHTS 80 weekly flights to and from Incheon Airport using B747, B767 & MD11
AIRPORTS SERVED Incheon International Airport
OPERATING FACILITIES 12 Centers; 6 Offices; 1 Hub; 2 Warehouses and 5 Post Sale agent facilities
BROKERAGE OPERATIONS Incheon International Airport
SERVICES  
  SMALL PACKAGE
  • UPS Worldwide Express Plus®
  • UPS Worldwide Express®
  • UPS Worldwide Express Saver®
  • UPS Worldwide Express FreightSM
  • UPS Worldwide Expedited®
  • UPS WorldEase®
  INTEGRATED SOLUTIONS
  • UPS Trade Direct® Air
  • UPS Trade Direct® Ocean
  • Sea-Air
  CONTRACT LOGISTICS
  • Distribution
  • Service Part Logistics
  FREIGHT FORWARDING
  • UPS Air Freight Direct®
  • UPS Air Freight Consolidated®
  • Full Container
  • Less-Than-Container Load
  • Preferred LCL
  • UPS Customs Brokerage
  • UPS Temperature True®
  ENHANCED SERVICES
  • UPS Returns®
  • UPS Paperless® Invoice
  • Declared Value
  • UPS FTZ Facilitator®
  • UPS Import ControlTM
  • UPS Carbon Neutral
  • UPS Broker of Choice®
  • UPS International Dangerous Goods (IDG)
  • UPS International Special Commodities
  • Saturday Delivery
  TECHNOLOGY SOLUTIONS
  • UPS Billing Data and Billing Analysis Tool
  • UPS Internet Shipping
  • UPS TradeAbility®
  • WorldShip®
  • UPS CampusShip®
  • UPS Paperless® Invoice
  • Quantum View®
  • Flex® Global View
  • UPS MobileTM
  • UPS Calculate Time and Cost
  • UPS Schedule a Pickup
  • UPS Developer Kit

Recent Highlights

    2014

    • May 7, 2014 – UPS Korea sponsored the Korea Green Foundation's 11th Green Film Festival in Seoul (GFFIS) for the second year running with a donation of USD 22,800 from The UPS Foundation, the charitable arm of UPS. UPS, together with the Korea Green Foundation continue to raise awareness of environmental protection through programmes for children, teenagers, green activists, environmental science students and the general public, affirming the company's long-term commitment to sustainability and social responsibility.
    • Mar 26, 2014 – UPS Korea extended its cut off times by deploying additional vehicles in three important growing zones in Korea - Bucheon and Seongnam (including Pangyo), both leaders in the hi-tech manufacturing industry, and industrial areas in Busan (Noxan and Sinpyeong). Cut off times for same day on boarding were extended up to three hours for Seongnam, and by one hour each for both Bucheon and Busan.
  • 2013

    • 10 October, 2013 – UPS announced the expansion of its Preferred Less-Than-Container Load (LCL) expedited ocean freight service by offering access between Asia to three destinations in Mexico: Monterrey, Mexico City and Guadalajara. This service expansion allows customers to better anticipate and control their inbound supply chain operations. The service is available from 27 ports across 12 Asian markets including Korea, to the United States, Canada, and now to Mexico.
    • May 8, 2013 – UPS Korea announced the appointment of JK Rha as managing director for UPS Korea, replacing former Korea country manager, Steven Chang. JK assumes responsibility for all express delivery and logistics operations for Korea in this new role.
    • January 8, 2013 – UPS Worldwide Express Freight was rolled out globally for urgent, time-sensitive and high-value international heavyweight shipments.  The new service enables customers to ship pallets over 70 kg with guaranteed day-definite transit times and door-to-door delivery service.

    2011

    • October 31, 2011 – UPS announced the extension of the company’s mobile Web site, m.ups.com to customers in Asia (China, India, South Korea, Hong Kong, Singapore, Japan, Taiwan, Australia, Malaysia, Thailand, the Philippines and New Zealand) which allows customers mobile access to track packages, calculate shipping rates and find the nearest UPS location.
    • May 25, 2011 – One year after it opened an ultra-modern air hub in Shenzhen, China, UPS announced the completion of a robust series of air lane enhancements that have dramatically improved service for customers throughout Asia. All told, the company has completed improvements to more than 100 intra-Asia lane pairs since it opened the Shenzhen hub last May. The enhancements include faster transit times on key lanes between India and the rest of Asia and between South Korea and other Asian destinations.

    2010

    •  UPS launched UPS Import ControlSM, a new function that gives importers rather than exporters greater control over their inbound shipments. The new service reduces delays to the shipping process due to incorrect or incomplete documentation, and gives importers the ability to mask profit margins as they ship directly to end-customers.
    • UPS introduced its carbon neutral programme in the Asia Pacific region, including Korea. UPS customers now have the option of paying a small fee to calculate and offset the impact of the carbon emissions associated with their shipments.

    2008

    • June 18, 2008 - UPS Korea becomes a UPS wholly-owned subsidiary when UPS acquired The Korea Express Co., Ltd's (KEC) interest in the UPS-KEC express joint venture company.  UPS and KEC also signed a co-operation agreement for continued collaboration, which recognizes UPS’s global network and infrastructure and KEC’s local network and customs brokerage operations.

    2007

    • UPS added five flights in Korea to connect Korean businesses to major trading centres in China and Europe.  With this flight expansion, UPS serves 31 weekly flights into and out of Korea and is the foreign regular air carrier to offer the highest number of flight frequencies to Korea.
    • UPS introduced three daily time-definite delivery options.  The new services provide customers with more flexibility on lanes between the United States and Asia, Europe and the Americas, giving businesses three time-of-day delivery options in 30 of the world’s most active trading markets. 

    2005

    • UPS Korea Express launches UPS Quantum View Manage, offering small package customers the advantage to more easily monitor package movements within their supply chains and use that information to improve service to their customers.
    • UPS Korea Express launches UPS TradeAbility, a solution that helps companies manage global trade across borders in a more compliant, timely, and efficient manner.  
    • UPS Billing Data, combined with the Billing Analysis Tool gives customers the ability to review, analyze and allocate shipping expenses quickly and easily without sifting through traditional paper invoices.
    • UPS Trade Direct®  provides consolidation of international freight, multi-modal transportation, customs clearance, and direct delivery to multiple addresses within a destination country -- all through a single source.

    2004

    • UPS Korea Express introduced UPS CampusShipTM, targeted for corporate customers to have advantage of Web-based shipping solutions with centralized control and visibility ideal for decentralised office environments.

    1998

    • UPS Korea Express begins operations in South Korea with an agent relationship business model.

    1996

    • UPS Korea Express begins express sales/operations in Korea with the establishment of UPS-Korea Express Company, a joint venture with Korea Express Company.

    1990

    • UPS Korea Express serves UPSCO, airport operations.

    1988

    • UPS begins operations in South Korea with an agent relationship business model.

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65 6883 7965

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