UPS Accelerates U.S.-Mexico Trade With New Ground Freight Service
UPS (NYSE:UPS) today announced UPS CrossBorder Connect ™, a ground freight service between the United States and Mexico designed to significantly ease heavyweight freight supply chain challenges for companies investing in cross-border trade.
The service bundles UPS’s transportation and customs brokerage expertise north and south of the border to boost speed to market, drive cost efficiencies and reduce supply chain risk.
UPS CrossBorder Connect is a contractual service that utilizes the trucking network that supports UPS’s North American Air Freight service. That network has been connected with trusted carriers in Mexico at eight important points along the U.S.-Mexico border. By integrating UPS’s brokerage capabilities, the service helps companies with the complex brokerage process and is designed to help reduce customs delays associated with border regulations, inspections and lengthy paperwork.
UPS also provides the option of bonded movements through the border to help enable faster crossing of goods.
“With the global rise in fuel and labor costs, near-sourcing has become an increasingly viable option for many businesses looking to reduce their production and supply chain costs and expand their market share,” said Steve Flowers, president, UPS Global Freight Forwarding. “For example, we’re seeing more high-tech and automotive companies now moving production closer to consumption points in North and South America, and UPS CrossBorder Connect can help them navigate the complexities inherent in U.S.-Mexico trade while containing costs. “Our research clearly revealed the gaps in service options that exist for today’s customers,” Flowers continued. “With this product, we’ve improved visibility and predictability as well as reliability on one of the largest and most important U.S. trade lanes.” Prior to this service offering, cross-border heavyweight freight shipping options were limited to air freight or conventional less-than-truckload (LTL) movements, providing shippers with little middle ground between air freight and standard heavyweight ground freight shipping. UPS CrossBorder Connect is a premium service that offers fast, reliable transit times, often in a timeframe of 3-to-4 days * between most major U.S. cities and Mexico, providing companies with another cost and speed option for their cross-border shipments. As part of the company’s global freight forwarding offering, UPS CrossBorder Connect provides extensive coverage through full transportation and brokerage services at eight major border crossings: Otay Mesa and Calexico, Calif.; Nogales, Ariz., and El Paso, Laredo, McAllen, Harlingen and Brownsville, Texas. Also, customers have visibility over UPS CrossBorder Connect freight shipments using Flex ® Global View, including key milestone updates. As a leading integrated global freight forwarder, this service complements UPS’s complete portfolio of domestic and international ground, air and ocean freight services including transportation, supplier management, customs brokerage and visibility technology solutions. To learn more about UPS's complete freight offerings, visit ups.com/globalfreight. UPS (NYSE:UPS) is a global leader in logistics, offering a broad range of solutions including the transportation of packages and freight; the facilitation of international trade, and the deployment of advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. The company can be found on the Web at UPS.com and its corporate blog can be found at blog.ups.com. To get UPS news direct, visit pressroom.ups.com/RSS. * UPS CrossBorder Connect is not a guaranteed service, and transit times will vary based upon actual origin and destination. This service is also subject to UPS Supply Chain Solutions Air Freight Terms and Conditions of Contract.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
