By boat? I did not see this coming
 

UPS starts moving freight by boat from Asia - Yahoo! Finance

Companies: United Parcel Service, Inc.
Related Quotes
Symbol Price Change
UPS 67.29 -0.16
UPS starts moving freight by boat from Asia
UPS starts moving freight by boat from Asia to gain more of booming international market

NEW YORK (AP) -- UPS is starting to move goods by ship in an
effort to capture more of the booming international freight market
that it already serves by air.
The move announced Wednesday underscores the importance the
world's largest shipping company is placing on its international
business, which has been key to sales growth while the U.S.
business remains weak.
The new service is now available between the U.S. and Japan and
will be extended to other parts of Asia over the next six months.
UPS, which is based in Atlanta and formally known as United Parcel Service Inc., said freight will move on the
seas from Japan to the U.S. in 11 to 18 days.
For East coast destinations in the U.S., the service will cut 5 to 6 days of transit time off current service offered
by competitors.
Overall, UPS aims to move freight up to 20 percent faster than current less-than-container-load companies do.
Those companies take products from a number of manufacturers and consolidate them into a single load for
shipment.
UPS will also offer a commitment to deliver on a specific day, which is relatively rare in the ocean freight
industry. This is intended to lure customers who produce high-value goods now sent almost exclusively by air
like iPhones and other electronics, prescription drugs, computerized auto parts and designer clothing.
The company's international package volume surged 24 percent in the most recent quarter, but the money it
made per package rose about 2 percent because customers used cheaper modes of shipping.
The company's international shipments rose 15 percent in the quarter, led by shipments out of Asia, which rose
more than 40 percent.
In the U.S., average daily package volume rose just 1 percent.

FedEx buys up all the 777s and UPS starts shipping with a boat.

Fred must be laughing his ass off!

Hey UPS uses rail and trucks to ship air too. Fred laughs when UPS makes 3x profit on it.

Just like UPS laughed at him over Zap Mail :eek:

Fred has no choice since the FDX fleet is almost as old as he is.

UPS avg. fleet age 12.9 years

FedEx avg. fleet age 21.5 years :eek:

BTW UPS owned two ocean freighters thru Overseas Partners in the 80's.

Shipping by Spanish galleon is one way to combat rising fuel costs.

"well, I I could be wrong, but I believe diversity is an old old wooden ship that was used during the Civil War era ."

Fuel costs are actually dropping. You should see that tomorrow when FDX reports earnings. I bought more FDX Monday in anticipation of around a 5% return tomorrow.

I heard that "Fred" was negotiating with an undisclosed Eastern European country to purchase their undeployed ICBM's. The idea is to retrofit the MIRVs with DORQS (Deliver Overseas Real Quick Systems).

Beat that, Soy!

I heard that UPS was buying up all the B-1's from Barack. Mach 1.25 with 125k payload. No need to sort. Just open the door and drop. Mid air refueling too

Beat that Bus :D

You know if this was say a, Small Package Forum in stead of a Pilot Forum you, sir, would be king of the boards. :rolleyes: But alas, this forum is for pilots over pilot issues and not too concerned with issues related to marine transport, rail transport or road, other than how it affects AIR TRANSPORT.

Your interests appear to lie solely with UPS, Which is fine. But don't assume anyone reading here gives much of a rats @ss to these other issues, even if UPS makes lots of money using them.

To the UPS pilots reading this guys dribble, I hope this isn't typical of what you have to live with at Brown. But based of what I've read from you all, I assume it is. Thankfully at Purple, our company types keep a lower profile (online).

"When it Absolutely, Positively, needs to be there next month. Or the month after that. Maybe."

"Synchronizing the World of Business... with the lunar cycle"

"Yes ma'am. Your package should be here on any one of the next four tides."