UPS talks to lots of customers – outlook? Impossible. Later? Who knows?
UPS SCS – not a pretty sight
UPS appears to be fighting back against FedEx’s grand plans for Europe. It may have missed out on the chance to acquire TNT, but it is going to spend cash anyway, according to German magazine Wirtschaftswoche. UPS plans to spend €1bn on increasing the number of parcel shops and sorting centres, and has this year already added 22,000sq metres to its network through expanding three logistics facilities, in the Netherlands and Germany.
Keep our news independent, by supporting The Loadstar
Red Sea crisis has driven most new capacity into extended Asia-Europe trades
Carrier price hikes hold, driving spot rates higher as space gets scarcer
Explosions and 'out-of-control' fire reported on Wan Hai box ship
Crew forced to abandon ship in latest fire on vessel carrying EVs
The Loadstar Podcast | Transport Logistic and Air Cargo Europe 2025
'Now or never' for Kuehne and DHL GF to hit back at DSV
Carriers on the hunt for open tonnage again as transpacific rates soar
Comment on this article