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UPS Makes It Easier To Operate "Warehouse In Motion"

UPS Trade Direct Enhanced In Time for Holiday Retail Build-up

HONG KONG, Aug. 2, 2005 – UPS (NYSE:UPS) today announced significant improvements to its UPS Trade Direct^SM service, a unique product that combines cross-border movement of freight and packages to eliminate the need for warehousing.

The improvements allow customers to use a common computer application to prepare and process freight and package shipments of all types. They also allow freight movements, including Less-Than-Truckload (LTL), to be tracked online at UPS.com just like small packages.

The enhancements not only make it easier for customers to check the status of their goods in transit but also reduce the amount of time necessary to prepare shipment labeling and vital customs documentation. The improvements, unveiled today at the annual UPS Technology Summit held this year in Hong Kong, come just as retailers begin their peak season stocking for the holiday shopping season.

"Trade Direct speeds transit times for our customers even as supply chains get longer and more complex and cuts the expense of warehousing," said Kurt Kuehn, UPS's senior vice president of worldwide sales and marketing. "With these latest enhancements, we’re simplifying the information management challenges that can arise with increased global trade."

UPS Trade Direct streamlines the supply chain by making it easy to move goods directly from international factories through customs to multiple locations in the United States or Europe, eliminating the need for warehouse stops. In the most common application, individually packaged goods are labeled for their U.S. or European delivery and then consolidated into one freight shipment. After moving via airplane, ship or truck, the goods clear U.S. Customs as a consolidated unit. That unit is then unloaded and the individual packages or pallets are routed directly for final delivery, speeding goods to market.

UPS offers three modes of Trade Direct services – Ocean, Air, and for trucking between Mexico, Canada and the U.S., Trade Direct Cross Border. Trade Direct provides customers with a single point of contact, one shipping invoice and unmatched shipment visibility. For more information, visit pressroom.ups.com/tradedirect.

UPS is the world's largest package delivery company and a global leader in supply chain services, offering an extensive range of options for synchronizing the movement of goods, information, and funds. Headquartered in Atlanta, UPS serves more than 200 countries and territories worldwide. UPS stock trades on the New York Stock Exchange (UPS) and the company can be found on the Web at UPS.com.

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Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements, including statements regarding the intent, belief or current expectations of UPS and its management regarding the company's strategic directions, prospects and future results, involve certain risks and uncertainties. Certain factors may cause actual results to differ materially from those contained in the forward-looking statements, including economic and other conditions in the markets in which we operate, governmental regulations, our competitive environment, strikes, work stoppages and slowdowns, increases in aviation and motor fuel prices, cyclical and seasonal fluctuations in our operating results, and other risks discussed in the company's Form 10-K and other filings with the Securities and Exchange Commission, which discussions are incorporated herein by reference.

• Steve Holmes
  404-828-7391