UPS Expanding Global Service in Wake of US Economic Downturn

(Canadian Transportation Logistics)

United Parcel Service (UPS) is expanding an international air-freight service that guarantees delivery dates in the wake of a slowing US economy, the Toronto Star reports.

The UPS Express Freight service will more than triple the amount of express lanes currently served, UPS officials said.

The service, which now reaches 52 countries, is designed to provide guaranteed time-definite, overnight-to-three day door-to-door delivery including routine customs clearance to major global metropolitan areas.

UPS has been boosting international revenue at a faster rate than in the US, where the economic expansion is waning, according to the Toronto Star. The report said UPS international operations accounted for 28% of the company's total revenue in 2006.