Laredo, TX, March 18, 2014 (GLOBE NEWSWIRE) -- UPS today announced the opening of a new package sorting and delivery facility in Laredo, Texas, doubling the capacity of its previous building. The new facility will also use advanced technology to increase processing proficiency. UPS customers in South Texas shipping to Mexico can benefit from the new technology by experiencing a one-day improvement in time-in-transit.
The new facility is strategically located to improve shipping to Mexico, an extremely important market for UPS and its customers. According to the U.S. Department of Commerce, trade between the United States and Mexico has increased 113 percent over the past 10 years, with more than $1.35 billion in cross-border commerce taking place every day. The Laredo facility will allow UPS customers who ship from South Texas to maximize the potential of cross-border commerce by allowing their packages to move more quickly through the UPS system, thus arriving in Mexico sooner.
The Laredo facility further enhances UPS's industry-leading portfolio of services and solutions that provide reliable and fast access to Mexico for international suppliers. With solutions like the expanded UPS Preferred™ Less-Than-Container Load (LCL) freight service, UPS CrossBorder Connect ™, and UPS Standard™, the logistics company offers innovative visibility technologies, supply chain and brokerage expertise that help customers remain competitive and meet their business objectives.The 33,000 square-foot-facility can accommodate up to 66 delivery trucks/trailers. Other enhancements include technology upgrades to improve sorting accuracy and decrease the effort needed to sort packages. These upgrades will result in an improved working environment and simultaneously reduce fuel consumption, miles driven and carbon emissions versus the previous Laredo building. 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.
CONTACT: Ivette Lopez 404-828-8113
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV