UPS News & Events

UPS announced it has invested nearly $50M in network capabilities and dedicated industry teams to help automotive and industrial manufacturers operate with greater resilience and precision. As supply chains face ongoing pressure from automation, geopolitical shifts and evolving regulatory demands, UPS is uniquely positioned to help customers navigate complexity through its end-to-end global network, advanced technology and deep industry expertise. Building on this, UPS announced the expansion of its North American Air Freight capabilities - introducing time-definite heavy air freight service to and from Mexico for the first time and extending coverage across North America to better support production-critical supply chains. Unlike fragmented, multi-carrier models, UPS integrates transportation, brokerage and warehousing into a single solution, reducing handoffs and simplifying cross-border shipping. Beginning in August, NAAF will offer 1-, 2- and 3-day service options to and from Mexico that help manufacturers move high-value, time-sensitive parts with greater speed and predictability. For UPS customers, this means fewer delays at the border, improved visibility from origin to destination and greater confidence in keeping production lines running.

UPS is down -9.7%, or -$10.41 to $97.16.

Shares of UPS (UPS), FedEx (FDX) and GXO Logistics (GXO) are under pressure on Monday after Amazon (AMZN) announced the launch of Amazon Supply Chain Services, which "extends the company's entire portfolio of freight, distribution, fulfillment, and parcel shipping solutions to businesses of all types and sizes." Amazon noted that, "Over the past three years, hundreds of thousands of Amazon sellers have trusted the company's logistics network to move, store, and deliver hundreds of millions of packages across third-party facilities, warehouses, and sales channels beyond the Amazon store. The launch of ASCS builds on this momentum, now supporting third-party logistics for businesses in industries such as healthcare, automotive, manufacturing, and retail." In morning trading, UPS and FedEx shares are down roughly 9%, while GXO Logistics has dropped over 11%.