SCD: UPS, FedEx fuel surcharge hikes to heat up delivery prices
SUPPLY CHAIN DIVE reports: FedEx and UPS’ index-based fuel surcharges are adjusted weekly based on prices ...
BRUSSELS, Jan. 14 – UPS® (NYSE:UPS) today announced three international facility expansions driven by growing demand from retail and high-tech customers. The moves add nearly 20,000 sqm to UPS’s global supply chain network. The newly expanded facilities are located in Krefeld, Germany; Butzbach (near Frankfurt am Main), Germany; and Venlo, Netherlands.
UPS, which recently announced it added 110,000 sqm to four North American locations, has 596 supply chain facilities, now totalling more than more than 3 million sqm globally.
“We continue to expand our contract logistics reach and capabilities in Europe to serve the growing demands of our B2B and B2C customers,” said Harld Peters, vice president of UPS Contract Logistics Europe. “These facility investments are testaments to our continued commitment to supply our customers in Europe with solutions that allow their businesses to be more competitive.”
Services and capabilities offered at UPS supply chain facilities include: warehousing and order fulfillment; inventory, transportation and returns management; custom kitting and packaging; store-ready displays; critical parts repair; and same-day delivery.
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