UPS Expands Ocean Freight Service In 130 New Trade Lanes
UPS (NYSE: UPS) today announced a major expansion to its ocean Less-Than-Container Load (LCL) service with the addition of direct sailings in 130 lanes. The origin and destination countries cover most of the globe, including ports in Asia, Latin America, Africa, Europe, U.S. the Carribean and the Middle East.
Customers who do not have enough cargo to fill an entire ocean freight container can still access cost-effective ocean transportation using UPS’s extensive network of capabilities and freight facilities. Customers benefit from an economical way to transport goods versus other modes of transportation while gaining access to a broad portfolio of value-added and alternative services. These services include cargo insurance and financing solutions from UPS Capital, customs brokerage services, supplier management, sea-air service, UPS Preferred ™ LCL, and China-Europe Rail service.
“This network expansion demonstrates our ongoing investments to continually build out our network so we can meet or exceed customer demands,” said Steve McMichael, UPS Vice President, Global Ocean Freight Services. “Shippers are looking for alternative service options to limit risk, increase security, and manage inventory more efficiently with reliable transit times. We provide end-to-end support to help our customers keep promises to their customers.”
A list of the new LCL direct sailings can be found here.
UPS (NYSE: UPS), one of the world’s largest package delivery companies with 2019 revenue of $74 billion, provides a broad range of integrated logistics solutions for customers in more than 220 countries and territories. The company’s more than 500,000 employees embrace a strategy that is simply stated and powerfully executed: Customer First. People Led. Innovation Driven. UPS is committed to being a steward of the environment and positively contributing to the communities we serve around the world. UPS also takes a strong and unwavering stance in support of diversity, equity and inclusion. The company can be found on the Internet at www.ups.com, with more information at www.pressroom.ups.com and www.investors.ups.com.
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