UPS Establishes Freight Forwarding Services In Myanmar

ATLANTA, Aug. 19, 2014 (GLOBE NEWSWIRE) -- UPS ® (NYSE:UPS) today announced the expansion ofinbound and outbound air and ocean freight services in Myanmar forthe first time. Global customers trading to and from this emergingmarket will have access to UPS's extensive supply chaintechnologies and services, which initially will include UPS AirFreight Direct, UPS Air Freight Consolidated, Full Container Loadand Less-than Container Load services.

"UPS works closely with our customers and they have expressed aneed for reliable freight services from Myanmar that will connectthem to markets worldwide," said Mary Yeo, vice president of SupplyChain Operations, UPS South Asia District. "Businesses in Myanmarcan tap into UPS's global logistics expertise, extensive networkand technologies while relying on our air freight and ocean freightservices."

As Myanmar begins its economic transformation with aims tobecome a new manufacturing market, and its businesses integrateinto global supply chains, demand for freight services is expectedto skyrocket. According to the International Monetary Fund(IMF), Myanmar has a growth potential of 8.5-percent in the fiscalyear of 2014 to 2015. 1

"Asia continues to evolve as new markets emerge and maturemarkets move up the value chain," added Jeff McCorstin, presidentof Global Freight Forwarding, UPS Asia Pacific. "UPS's offering inMyanmar underscores our longstanding efforts to strengthen ourservice offering in Asia and to integrate emerging markets into theglobal supply chain."

About UPS

UPS (NYSE:UPS) is a global leader in logistics, offering a broadrange of solutions including transporting packages and freight;facilitating international trade, and deploying advanced technologyto more efficiently manage the world ofbusiness. Headquartered in Atlanta, UPS serves more than 220countries and territories worldwide. The company can be foundon 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.

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CONTACT: Justin Luther         404-828-8654         jmluther@ups.com

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